BIS Paper: BigTech Finance Risk, Reward
Although China’s fast-paced development of BigTech finance is often cited as a harbinger of things to come in other nations, a new BIS paper finds that China’s example provides only limited and often cautionary insight into the future of BigTech in other nations.

Gensler Starts SEC Retail Equity-Market Rewrite
In remarks today, SEC Chairman Gensler announced an array of cautious initiatives in response to the issues raised by equity-market gamification and resulting Congressional recommendations.

 

Daily060921.pdf