Trader Talk

Securities traders are gathering in Washington. The big topic: trying to figure out what the Securities and Exchange Commission is doing.  You know it’s bad when one of the session topics is entitled, “A Buy Side Guide to Navigating the SEC.”  I’m in Washington for the annual meeting of the Security Traders Association (STA), the national association
Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much like his testimony two weeks ago to the Senate Banking Committee: a forum for Republicans to attack Gensler for being overzealous and overreaching in his rulemaking proposals.  Republicans are increasingly apoplectic about the more than 40
The U.S. Federal Reserve Building in Washington, D.C. Win Mcnamee | Reuters On Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of Economic Projections, which is the Fed’s own estimates for GDP growth, the unemployment rate, inflation and the appropriate policy interest rate.  The summary
Huntington Beach, California Over 2,500 investors and financial advisors have descended on Huntington Beach, California — a.k.a. Surf City USA —for a financial conference.  A financial conference on a beach? In Huntington Beach, home to nine miles of shoreline and the world center of beach volleyball?  Yep.  And I mean, it is on the beach.  And
The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them. Much more.  The SEC is scheduled to vote today on rules that would require public companies to disclose “material” cybesecurity breaches within four days after a determination that an incident was material.  related investing
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters The current crypto frenzy is ‘”reminiscent of what we had in the 1920s before the federal securities laws were put