Practices like spoofing — a form of cheating that regulators have spent years stamping out in futures and equities markets — have fuelled concerns about whether crypto trading is adequately monitored.
Global stocks are joining the slide that started on Wall Street yesterday after the 10-year U.S. Treasury yield crossed 3 per cent, an important psychological threshold that kicked off a round of worry about rising borrowing costs.
Shares were on their way to the longest losing streak of the year on Wednesday, as an advance in U.S. bond yields beyond 3 per cent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked.
Top picks from James Telfser, partner and portfolio manager at Aventine Asset Management.
Scotiabank's 1832 Asset Management LP will pay a fine after improper lavish spending on promotional activities for financial advisers.
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