regulation
- Market
FDA advisory committee to vote on Johnson & Johnson COVID-19 booster, a day after endorsing the Moderna one
One day after a U.S. Food and Drug Administration advisory panel voted to endorse a booster shot of the Moderna…
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Excitement over an ETF to track bitcoin drives the crypto to $60k
Bitcoin hit $60,000 on 15 October for the first time since April, as traders anticipate US regulators will approve the first…
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FDA committee says it’s safe for all adults who got J&J’s COVID-19 vaccine to get a booster
The Food and Drug Administration should authorize a second “booster” dose of Johnson & Johnson’s JNJ, +0.87% COVID-19 vaccine for…
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Five things in crypto this week: Coinbase, JPMorgan’s Jamie Dimon, NFTs and a bitcoin ETF?
As investors wait with bated breath to see whether US regulators will approve an exchange-traded fund linked to bitcoin futures…
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FCA staff slam bosses in leaked internal chats: ‘I’ve never worked in such an unhappy place’
Staff at the Financial Conduct Authority have blasted their bosses for decimating morale in a tense internal discussion on the watchdog’s plans…
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The success of Merck’s antiviral — and other COVID-19 pills in development — may depend on how quickly people start taking them
In the not-too-distant future, you may be able to walk into a doctor’s office, get tested for SARS-CoV-2, and walk…
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90,000 U.S. adult deaths from COVID-19 over the summer could have been prevented if victims had been vaccinated, study finds
Roughly 90,000 deaths from the coronavirus-borne illness COVID-19 among U.S. adults were preventable and could have been avoided if more…
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Crypto is ‘here to stay’, Standard Chartered CEO says after Dimon disses bitcoin
Standard Chartered plans to go full speed ahead on cryptocurrencies in spite of an impending global regulatory crackdown on the…
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Crypto fans are turning to futures ahead of the SEC’s ruling over bitcoin ETFs
Investors are betting the first U.S.-listed bitcoin exchange-traded fund is about to get the go-ahead. Securities regulators could rule as…
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Fed tapering could begin in mid-November or mid-December: meeting minutes show
Federal Reserve officials discussed a plan to start to slow down emergency support for the economy in either mid-November or…
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American Airlines and Southwest to defy Texas ban on COVID-19 vaccine mandates as lines harden, while Minnesota becomes latest hot spot
Two of the biggest employers in Texas, American Airlines Group AAL, -3.37% and Southwest Airlines Co. LUV, -2.11%, have said…
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Treasury weighs tapping senior execs’ networks to replace top Brexit policymaker
The government’s Treasury department has considered sourcing a replacement for its lead policymaker on Brexit from its senior executives’ own…
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FCA staff take steps to form union amid bonus cuts and ‘demoralised’ workforce
Unite launched a petition to be officially recognised as the union for Financial Conduct Authority staff, as employees at the…
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KPMG slammed by watchdog for ‘untruthful defence’ in Silentnight tribunal
KPMG has been criticised by the audit watchdog for putting forward an “untruthful defence” in a misconduct hearing related to…
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Banks on Wall Street under scrutiny over staff communications
The US Securities and Exchange Commission is reportedly probing Wall Street banks to check whether they are complying with rules on tracking their…
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Facebook Whistleblower’s Claims Test SEC’s Reach
WASHINGTON—The controversy over what Facebook Inc. has said about social and emotional hazards stemming from its products could become a…
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Crypto scrutiny is just the start, White House official says
The Biden administration is only beginning to ramp up regulatory scrutiny around cryptocurrencies, according to a senior White House official.…
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House due to vote late Tuesday on bill raising U.S. debt limit, Biden vows to sign it ‘as soon as it passes’
Democratic-run Washington appears set to avoid a U.S. default in the near term, with the House’s majority leader promising a…
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Health experts dismayed at Texas Gov. Abbott’s ban on vaccine mandates as state nears 70,000 COVID deaths, and U.K. government slammed for mismanaging pandemic in new report
Public health experts reacted with dismay Tuesday to the news of Texas Gov. Greg Abbot’s executive order banning any company…
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The Nobel Prize Winner Who Created a Better Auction: A Conversation With Paul Milgrom
Stanford University economics professor Paul Milgrom has been at the forefront of auction theory for nearly three decades, studying auction…
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Merck seeks authorization for what would be first pill to treat COVID-19, and AstraZeneca reports positive results for antibody treatment
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 238 million on Monday, as Merck…
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FCA made a rule that funds need independent directors, but it’s not keeping track
The Financial Conduct Authority does not know how many fund managers are meeting requirements around the number of independent directors on their…
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FCA to scrap bonus payments for all staff in major pay overhaul
The Financial Conduct Authority is planning to scrap bonuses for its roughly 4,200 workers as it fires the starting gun on…
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FCA’s London execs in line for bigger pay cheques than peers in Leeds, Edinburgh
Directors at the Financial Conduct Authority in London could earn up to £114,000 more than their peers in regional offices…
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House due to vote Tuesday on bill raising U.S. debt limit, Biden vows to sign it ‘as soon as it passes’
Democratic-run Washington appears set to avoid a U.S. default in the near term, with the House’s majority leader promising a…
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Nearly 140 countries agree on deal to curb tax avoidance
Nearly 140 countries agreed Friday to the most sweeping overhaul of global tax rules in a century, a move that…
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Crypto in US crosshairs again as Justice Department builds enforcement team
The US Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of criminal misuses of…
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U.N. head says vaccine inequity is not just immoral but also ‘stupid,’ as U.S. daily case tally falls below 100,000 for first time since early August
The head of the United Nations threw his weight behind the World Health Organization’s effort to ensure vaccine access for…
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NatWest pleads guilty to compliance failure over money laundering
NatWest Group pleaded guilty to criminal charges for failing to comply with regulation that requires systems and controls to prevent…
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Ireland clears the path for global minimum tax as it signs up to 15% corporate rate
A global agreement to set a minimum 15% corporate tax rate cleared its last major hurdle on 7 October after Ireland, a low-tax…
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Positive news on COVID-19 vaccines and treatments in the U.S. weighs against Russia’s latest record one-day death toll
A flurry of positive medical news on the coronavirus-borne illness COVID-19 Tuesday was weighing against somber news from Russia, which…
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How SEC chair Gensler is gearing up to put the squeeze on Wall Street
Wall Street’s new overseer has outlined an aggressive regulatory agenda that threatens to squeeze the financial industry’s profit margins. Securities and Exchange…
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Market-makers take on the banks in PR battle over trading reforms
When an industry lobby group starts a public relations campaign, the cynical observer instinctively asks: Why? Why now? Do they have…
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Five candidates in battle to lead UK’s Brexit opportunities unit
Five people are competing to lead the UK government’s new Brexit opportunities unit, Financial News has learned. A total of…
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Exxon Sees Green Gold in Algae-Based Fuels. Skeptics See Greenwashing.
Some scientists regard Exxon Mobil Corp.’s long-running quest to turn algae into a transportation fuel as little more than a…
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Facebook whistleblower says her goal is not to damage the company
The former Facebook Inc. employee who gathered documents that formed the foundation of the Wall Street Journal’s Facebook Files series said she acted to help…
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‘This is a profound game changer’: Merck’s antiviral pill cuts risk of COVID-19 hospitalization and death in half, data show
Merck cheered investors and healthcare experts alike on Friday with the news that its COVID-19 antiviral cut the risk of…
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Biden, Pelosi keep pushing on infrastructure bill, as analysts still expect it will get signed into law this year
While the U.S. House has failed to advance a $1 trillion bipartisan infrastructure bill, the long-awaited measure is likely to…
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California becomes first state to mandate vaccination for elementary- and high-school students
SAN FRANCISCO (AP) — California Gov. Gavin Newsom on Friday announced the nation’s first coronavirus vaccination mandate for schoolchildren, a…
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Biden eyes bank-style regulation for stablecoin companies
The Biden administration is considering ways to impose bank-like regulation on the cryptocurrency companies that issue stablecoins, according to people…
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Open Banking boss quits over bullying and sexism allegations
The head of the UK’s open banking oversight organisation is stepping down after an investigation found a culture of bullying, intimidation…
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Lawmakers push Google, Facebook, eBay and Amazon to disclose fees they get to host investment scams
Lawmakers are asking tech giants including Google and Facebook to come clean on how much they are being paid to…
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The City must get ready for new rules on diversity
The following is an analysis by Charles Wynn-Evans, partner, Mikhaelle Schiappacasse, partner, and Nathalie Sadler, associate, at law firm Dechert. Their practices…
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Bitcoin suffers effects of US, China crypto crackdown in volatile quarter
Bitcoin came under one of the most intense regulatory crackdowns in its brief history during the third quarter, choking off…
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Zoom and Five9 call off multibillion-dollar merger amid scrutiny
Zoom Video Communications Inc. and Five9 Inc. called off their multibillion-dollar merger Thursday, after Five9 shareholders voted against a deal…
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AstraZeneca vaccine shows 74% efficacy in large U.S.-backed trial, and BioNTech co-founder says COVID will become manageable
The Phase 3 trial involved 32,451 participants and sought to determine the vaccine’s efficacy in preventing symptomatic illness measured 15…
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An Audience With Kay Swinburne: ‘Things I put in MiFID II are in danger of being lost’
Dr Kay Swinburne has never been afraid to ruffle a few feathers. The former investment banker and Welsh Conservative member…
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Virgin Galactic stock takes off after FAA investigation ends
Virgin Galactic Holdings Inc. shares jumped more than 9% in after-hours trading Wednesday, after the space-tourism company announced the end…
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FCA board backs plans to overhaul pay despite concerns over staff morale
The Financial Conduct Authority’s board is throwing its weight behind plans to overhaul pay and conditions at the regulator, despite concerns…
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SEC bids to force asset managers to come clean on voting records
The Securities and Exchange Commission has proposed a rule that would require money managers to disclose more information on how…
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