6 hours ago
WASHINGTON, Aug 18 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday proposed a new regulatory framework for crypto ***** ets, the first major step under U.S. President Donald Trump's administration to give the industry the tailored rules it has long pushed for.
The SEC's proposal would exempt certain crypto companies and offerings from U.S. securities rules, which should make it easier for crypto companies to issue tokens and raise money.
The agency "seeks to provide crypto ***** et entrepreneurs and market participants with clear pathways to raise capital under the federal securities laws," Paul Atkins, the SEC's Trump-appointed chair, said in a statement.
Trump, who courted crypto cash on the campaign trail and whose family has profited from its own crypto endeavors, has prioritized reform for the sector in his second administration.
Under his Republican leaders, the SEC ended a crackdown on the crypto industry, moving swiftly last year to rescind stringent crypto accounting guidance and dismiss lawsuits against Coinbase, Binance and others that the agency had alleged were flouting its rules.
#Trump #washington
The SEC's proposal would exempt certain crypto companies and offerings from U.S. securities rules, which should make it easier for crypto companies to issue tokens and raise money.
The agency "seeks to provide crypto ***** et entrepreneurs and market participants with clear pathways to raise capital under the federal securities laws," Paul Atkins, the SEC's Trump-appointed chair, said in a statement.
Trump, who courted crypto cash on the campaign trail and whose family has profited from its own crypto endeavors, has prioritized reform for the sector in his second administration.
Under his Republican leaders, the SEC ended a crackdown on the crypto industry, moving swiftly last year to rescind stringent crypto accounting guidance and dismiss lawsuits against Coinbase, Binance and others that the agency had alleged were flouting its rules.
#Trump #washington
3 days ago
The iShares Top 20 U.S. Stocks ETF (TOPT) is designed to capture market performance by isolating the largest enterprise leaders in the U.S. market. That covers nearly half the S&P 500 Index's ($SPX) total market capitalization. But chances are you probably haven't heard of this ETF.
Despite being part of the huge iShares lineup, TOPT, which debuted less than two years ago, is puny in size compared to the more established SPDR S&P 500 Trust ETF (SPY) and the Invesco QQQ ETF (QQQ). And while it has underperformed that pair over the past 12 months, TOPT is perhaps the best way an investor could bet on mega-cap stocks. Instead of spreading capital across hundreds of companies, TOPT strips out the mid-caps and smaller S&P 500 constituents to build a highly concentrated portfolio.
A $210 Billion Reason to Buy AMD Stock Here
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
#topt #despite
Despite being part of the huge iShares lineup, TOPT, which debuted less than two years ago, is puny in size compared to the more established SPDR S&P 500 Trust ETF (SPY) and the Invesco QQQ ETF (QQQ). And while it has underperformed that pair over the past 12 months, TOPT is perhaps the best way an investor could bet on mega-cap stocks. Instead of spreading capital across hundreds of companies, TOPT strips out the mid-caps and smaller S&P 500 constituents to build a highly concentrated portfolio.
A $210 Billion Reason to Buy AMD Stock Here
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
#topt #despite