Wall Street and crypto are awash in chatter about the industry’s latest financial buzzword, tokenization. In essence, tokenization creates a digital version of other assets — mostly company stock but also potentially real estate or artworks.
The move shifts power from large asset managers to corporate insiders By: Natalia Renta Vanguard settled a lawsuit Texas and ten other red states brought alleging the largest asset managers in the world undermined the coal industry in violation of antitrust laws. Even though many legal experts have criticized these types of arguments, Vanguard caved,
Even more stories broke this week that troubles in the private credit market are mounting. The increasing instability in these largely unregulated and opaque non-bank loans is an ominous sign that the hidden risks are starting to spiral.
Rising housing costs are a critical driver of the current affordability crisis, and they cannot be addressed without genuinely confronting the role of private equity and big investors buying up the nation’s housing stock.
By: Oscar Valdés Viera There is trouble brewing in opaque private markets. That’s why Wall Street firms are pushing full steam ahead to pull working families into these high-risk, high-fee investments. The administration, Congress, and private equity industry pretend that they are democratizing investing by letting retirement savers and mom and pop investors into the
A little over a year since the Trump administration came to power, Congress should hold Chairman Atkins to account for the role the SEC is playing to consolidate the power of the oligarchy through dramatic market-moving changes — all of which the agency has made through quick tweaks that avoid procedures that would have given stakeholders a chance to weigh in and check this power grab.
What does the SEC have to do with the oligarchy? Unfortunately, quite a lot.