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Kalshi, an Online Prediction Market, Will Open Up to Brokerages
Posted inCommodity Futures Trading Commission Financial Brokers Gambling Kalshi Inc Presidential Election of 2024

Kalshi, an Online Prediction Market, Will Open Up to Brokerages

The platform, which recently hired Donald Trump Jr. as an adviser, is seeking to tap Wall Street to expand its potential customer base.
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Posted by By Michael J. de la Merced
Robinhood to Pay $45 Million Fine to Settle SEC Charges
Posted inFinancial Brokers Fines (Penalties) Regulation and Deregulation of Industry Robinhood Financial LLC Securities and Commodities Violations Securities and Exchange Commission Stocks and Bonds

Robinhood to Pay $45 Million Fine to Settle SEC Charges

The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.
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Posted by By Rob Copeland
Young Chinese Investors Are Jumping Into the Stock Market Frenzy
Posted inChina Economic Conditions and Trends Financial Brokers Mobile Applications Stocks and Bonds

Young Chinese Investors Are Jumping Into the Stock Market Frenzy

Despite the risks of investing at a volatile time, investors see the recent stock rally as a rare opportunity to make money when China’s economy is sluggish.
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Posted by By Meaghan Tobin and John Liu
Martin Wygod, a Winner on Wall Street and the Racetrack, Dies at 84
Posted inBreeding of Animals California Deaths (Obituaries) Financial Brokers Horse Racing Horses Kentucky Medco Health Solutions WebMD Health Corporation

Martin Wygod, a Winner on Wall Street and the Racetrack, Dies at 84

After he made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses.
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Posted by By Sam Roberts

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