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EXCLUSIVE Beijing gives first nod to revive Ant IPO after crackdown chills sources

Ant aims to file preliminary prospectus as soon as July – sources Ant needs CSRC guidance on when to file source prospectus Ant says there are no plans to relaunch its IPO statement Warburg Pincus valued Ant at $180 billion at the end of March HONG KONG, June 9 (Reuters) – China’s central management has …

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US SEC chief unveils plan to overhaul Wall Street stock trading

WASHINGTON/NEW YORK, June 8 (Reuters) – The top U.S. securities regulator proposed rule changes on Wednesday to transform the way Wall Street handles retail stock trading after last year’s stock market meme raised questions about whether mom-and-pop investors were getting the best price. The plan, unveiled by U.S. Securities and Exchange Commission Chairman Gary Gensler, …

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Twitter to pay $150 million fine over charges of mis-selling user data

Federal regulators on Wednesday announced a settlement with Twitter over the use of user privacy. Matt Rourke/AP hide caption toggle caption Matt Rourke/AP Federal regulators on Wednesday announced a settlement with Twitter over the use of user privacy. Matt Rourke/AP Twitter has agreed to pay a $150 million fine after federal law enforcement officials accused …

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