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National Whistleblower Appreciation Day

National Whistleblower Appreciation Day

Living in the United States, we have the luxury of enjoying various national holidays like Labor Day, Memorial Day and Presidents Day. However, many Americans are unaware that there is a National Whistleblower Appreciation...

FINRA Hits Robinhood With $70M Fine And Restitution Penalty

FINRA Hits Robinhood With $70M Fine And Restitution Penalty

On June 30, 2021, the Financial Industry Regulatory Authority (“FINRA”) fined[1] the popular broker-dealer trading app Robinhood Financial LLC (“Robinhood”) $57 million, and ordered the company pay approximately $12.6...

Elon Musk’s Tweets and Popular Cryptocurrencies

Elon Musk’s Tweets and Popular Cryptocurrencies

Back in 2018, the Securities and Exchange Commission settled a securities fraud charge with Tesla and Elon Musk. The charge arose as a result of a Musk tweet that he had secured funding to take Tesla private, causing...

Investors and Cannabis

Investors and Cannabis

Credit Suisse informed investors that it would no longer execute transactions for certain cannabis companies with US operations or hold them on behalf of clients back in March.[1] The weed industry is booming, with Cannabis...

SEC Focuses on the Rise of SPACs

SEC Focuses on the Rise of SPACs

Special purpose acquisition companies, or SPACs, have become the new, go-to structure for taking private companies public. These companies begin as shell corporations listed on public stock exchanges. Often, they report a...