Weekly Roundup 06/30/23 (ETF frenzy continues, Prime Trust insolvency, how Stablecoins are like Eurodollars) (EP.434)
On The Brink with Castle Island
The SEC's Letter to Gary Gensler Criticizing His Record Keeping Practices
There are potentially hundreds of firms affected by this. The House Financial Services Committee sent a letter to SEC Chair Gary Gensler criticizing his record keeping practices. Jay Clayton was terrible as an SEC chair as a release crypto. He hated crypto. Now he's perfectly willing to go accept paychecks from venture capital funds and crypto companies.
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