Article: ANALYSIS: Beyond GameStop—10 Takeaways From Gensler’s Testimony

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ANALYSIS: Beyond GameStop—10 Takeaways From Gensler’s Testimony

Preston Brewer, 10 May 2021

In testimony Thursday before the House Financial Services Committee, newly appointed SEC Chairman Gary Gensler signaled that he is prepared to change existing rules to better adapt to the challenges of today’s market environment, and to ask Congress for more authority where needed.

Gensler was there ostensibly to speak about the speculative trading in GameStop shares that occurred in late January. But the hearing went beyond GameStop and Robinhood to include a discussion of the Securities and Exchange Commission’s regulatory response about a wide range of topics. Continue reading “Article: ANALYSIS: Beyond GameStop—10 Takeaways From Gensler’s Testimony”

Article: Poway Rabbi’s Sentencing in Financial Fraud Delayed 6 Months: Probe Persists

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Poway Rabbi’s Sentencing in Financial Fraud Delayed 6 Months: Probe Persists

Ken Stone, 26 April 2021

Chabad of Poway’s former head rabbi faces a maximum five-year prison sentence for tax-evasion and other financial crimes he pled guilty to last July.

But sentencing of Rabbi Yisroel Goldstein won’t take place Monday — a day short of two years after he lost his right index finger in the deadly shooting attack on his congregation. Continue reading “Article: Poway Rabbi’s Sentencing in Financial Fraud Delayed 6 Months: Probe Persists”