SEC

While the quant firm will miss becoming the first to flip mutual funds to ETFs, its nearly $26 billion conversion will by far be the biggest.

Those with the resources to sort through compliance thickets may be better positioned to take advantage of some long-awaited changes.

Much of the confirmation hearing revolved around trading January spikes in GameStop and other stocks.

The exchange operator’s planned regulations are currently too narrow and should be amended, two groups wrote in comment letters to the SEC.

Senators will likely push Gary Gensler, tapped to lead the SEC, for his views on the recent market mania that roiled shares of GameStop and other stocks last month.

Naked short selling is one possible cause.

So far this month, an average of 99 billion shares in companies that don’t trade on classic exchanges have changed hands each day.

The department says it is working “to determine how we might improve” the regulation.

The 33-year-old advisor allegedly spent clients’ money on luxury items and business expenses for his startup.

While getting a rules overhaul through a bitterly divided Congress won’t be easy, analysts, consumer advocates and experts say changes may be on the table.