RBA’s Bullock Rules Out Further Rate Cuts, Sends Yields Soaring
Australia’s central bank Governor
Australia’s central bank Governor
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The co-founder and former CEO of Dallas-based logistics software startup Slync Inc. lost on Monday an appeal to undo convictions for misleading investors and misappropriating company funds.
The Commodity Futures Trading Commission has launched a pilot program to allow the use of some digital assets, including Bitcoin, Ether and Circle’s USDC stablecoin, as collateral in derivatives markets, CFTC says in a statement, citing Acting Chairman Caroline D. Pham.
GenOn Holdings Inc. and Strategic Value Partners LLC executives and board members allegedly conducted a “brazen scheme” to circumvent its subsidiary’s right to acquire a valuable power plant on the verge of its bankruptcy.
A personal driver working for a hedge fund manager posed as an investment professional to convince three investors to let him manage their money, resulting in their combined losses of over $1 million, the SEC said.
The shareholders of a telecom company must capitalize all payments made in connection with a bankrupt VoIP company they acquired, the US Tax Court said Monday.

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