Financial Markets

Pension funds retreat from bonds, BIS paper finds

A BIS study finds pensions globally have reduced bond holdings and increased mutual funds and alternatives, a shift linked to falling local bond yields.

#pensions, #bonds, #mutualfunds, #financialstability

Citron Founder Andrew Left Convicted on Criminal Securities-Fraud Charges in Los Angeles

Andrew Left, founder of Citron Research, was convicted by a federal jury in Los Angeles of securities-fraud charges for trading ahead of market-moving posts.

$NVDA, #citron, #andrewleft, #securitiesfraud, #shortselling, #nvda

FedEx Completes Spin-Off of Freight Unit; FedEx Freight Begins Trading as FDXF

FedEx completed the spin-off of its less-than-truckload freight unit, distributing shares to investors and launching FedEx Freight Holding Co. (FDXF) on the NYSE.

$FDXF, $FDX, #fedex, #spinoff, #freight, #stocks

Pseudonymous Wallet Deposits $128.8 Million USDC Into Aave V3 on May 31

On May 31 a pseudonymous Ethereum address supplied about $128.8M in USDC to Aave V3, following a similar $128.6M transfer four days earlier.

#aave, #defi, #usdc, #ethereum

CFTC Approves First Bitcoin Perpetual Futures Contract for U.S. Exchange; KalshiEX to List BTCPERP

The CFTC approved KalshiEX's cash-settled bitcoin perpetual futures contract, the first formal approval for a perp on a CFTC-regulated U.S. exchange.

#crypto, #bitcoin, #cftc, #derivatives, #kalshiex

SEC proposes to rescind 2024 climate-disclosure rule

The SEC proposed formally rescinding its 2024 climate-disclosure rule, opening a 60-day comment period and seeking to erase the standardized climate-reporting framework.

#sec, #climate, #disclosure, #regulation

CFTC Staff Says Some Deribit Perpetuals Can Be Treated as Foreign Futures; Coinbase Subsidiary Gets Conditional No-Action Relief

CFTC staff says Deribit perpetuals may qualify as foreign futures and grants Coinbase Financial Markets conditional relief to post customer crypto as margin.

$COIN, #cftc, #coinbase, #crypto, #deribit

Costco Reports Strong Q3 Results, Sales Up 11.6% as Digital Growth Surges

Costco posted fiscal Q3 net sales of $69.154B and net income of $2.192B; digitally enabled sales jumped 21.5% and membership fees reached $1.373B.

$COST, #costco, #earnings, #retail, #stocks

4,180 BTC ($304.7M) Transferred From Addresses Labeled 'Coinbase Institutional' to New Wallet

Blockchain tracker Whale Alert flagged a May 28 transfer of 4,180 BTC (about $304.7M) from addresses labeled 'Coinbase Institutional' to a new unknown wallet.

$COIN, #bitcoin, #coinbase, #cryptocurrency, #whalealert

About $1.3 Billion Dark-Pool Block of BlackRock’s IBIT Traded as Bitcoin Fell

A roughly $1.3bn dark-pool block of BlackRock’s IBIT changed hands May 26 as Bitcoin dipped and U.S. spot ETFs saw net outflows.

$IBIT, $BLK, #bitcoin, #etf, #blackrock, #darkpool

SpaceX Files for IPO, Revealing Starlink Profits, xAI Losses and a Super‑Voting Plan to Keep Musk in Control

SpaceX filed for an IPO, disclosing $18.7B revenue for 2025, profitable Starlink, heavy xAI losses and a super‑voting share plan to keep Musk in control.

#spacex, #ipo, #starlink, #xai, #elonmusk

SEC Proposes Major Rewrite of Registered Offerings and Public-Company Reporting

SEC proposes broad overhaul of registered offerings and filer categories to ease capital raising and expand scaled reporting relief for smaller issuers.

#sec, #securities, #regulation, #ipos

SEC Rescinds Decades-Old 'No-Deny' Settlement Policy and Will Not Enforce Past Provisions

The SEC removed Rule 202.5(e), ending decades of 'no-deny' settlement provisions and saying it will not enforce existing no‑deny clauses.

#sec, #securities, #regulation, #enforcement

UK’s FCA and Bank of England set roadmap for tokenisation and longer settlement hours

FCA and Bank of England launch joint consultation on tokenised securities, outline RTGS sync service for 2028 and staged steps toward near-24/7 settlement.

#tokenisation, #bankofengland, #fca, #settlement

How a KelpDAO rsETH Exploit Knocked Aave From the Top of DeFi TVL Rankings

An April rsETH exploit routed stolen tokens into Aave, triggering risk controls and a 44% drop in Aave's TVL as Lido reclaimed the top spot.

#defi, #aave, #lido, #layerzero