Alt Data turning point – Whistleblowers earn millions – AOC targets family offices
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Alternative data is no longer the Wild West
After a three-year investigation, the SEC settled with mobile app data provider App Annie and its former CEO for more than $ 10 million. The regulation is one of the first real crackdowns on the alternative data industry, and insiders say it marks a turning point for the field. Here’s why.
New Wall Street Millionaires Are Whistleblowers
The SEC just made payments of $ 110 million and $ 4 million to two Wall Street whistleblowers, bringing the agency’s monitoring payments to a total of $ 1 billion. But not all whistleblowers have hit it big – and some never see a single dollar. Here’s an overview of how the SEC’s oversight program works.
The IPO market has raised over $ 99 billion this year
This week’s IPOs took the scorching market to an all-time high of $ 99 billion, even surpassing the $ 97 billion raised during the dot-com boom. Take a look inside the historic boom which just hit two new billionaires.
AOC wants new rules for family offices
Representative Alexandria Ocasio-Cortez from New York wants all family offices with more than $ 750 million in assets to register with the SEC, in a bid to better regulate the opaque industry. This is how the $ 6 trillion secret industry is trying to counter.
In the rise and fall of Occupy Wall Street
Ten years after the Occupy Wall Street movement, which denounced wealth inequalities in America, it is still not easy to discern the impact it has had on the country’s wealth gap. On the 10th anniversary of the protesters’ takeover of Zuccotti Park in Lower Manhattan, we spoke with people on both sides of the battle to find out why it started, what it meant for those involved. , and whether or not they think it worked.
On our radar:
- A Bloomberg report says the Coinbase vs. SEC spat has upped the ante in Washington’s fight against crypto. Read the full story here.
- Fidelity’s Head of Talent Acquisition explains how you can land one of the company’s 9,000 open jobs right now. Here are his tips.
- Crypto apps dominated the 28 fastest growing financial apps this week. Take a look at the full list.