Tag: Wall Street
Texas Stock Exchange secures $120m funding to challenge NYSE and Nasdaq
A new stock exchange, Texas Stock Exchange (TXSE) is set to challenge the New York Stock Exchange (NYSE) and Nasdaq.
Preserve eComms or pay the price: The SEC’s 2024 focus on...
The SEC and CFTC have charged multiple Wall Street firms with widespread recordkeeping failures, imposing staggering penalties exceeding $2.5bn.
Unveiling IndexGPT: JPMorgan’s latest AI innovation in thematic investing
JPMorgan Chase & Co. recently announced the launch of IndexGPT, marking a significant step in the intersection of artificial intelligence (AI) and finance.
The importance of eComms recordkeeping in FinTech
In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.
Wall Street Memes coin secures $25m amidst crypto market turbulence
The Wall Street Memes coin, inspired by the meme stocks movement, is making waves in the crypto domain and has secured $25m.