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GameStop bull 'Roaring Kitty,' MassMutual hit with securities lawsuit REUTERS

SEC Data Show $359 Million of GameStop Shares Failed to Deliver YAHOO FINANCE On Jan. 28, the day after GameStop Corp. mania hit its crescendo on the back of a short squeeze for the record books, about $359 million worth of shares were caught in limbo. read more » Big Tech faces additional pressure from private antitrust lawsuits NEW YORK TIMES

Robinhood CEO admits communications shortcomings, ahead of House testimony REUTERS

Drug companies seek billion-dollar tax deductions from opioid settlement WASHINGTON POST

Tesla Bitcoin purchase could launch SEC investigation, former Branch Chief says TESLARATI

This California bill could help more tech whistleblowers speak out FAST COMPANY

Roche Diagnostics and Humana settle $12.5 million Medicare fraud lawsuit INDIANAPOLIS STAR

Are share-trading apps a safe way to play the markets? THE GUARDIAN

Clover Health shares dip as SEC looks into short-seller allegations REUTERS

McKinsey reaches $573 million settlement with US states over role in opioid crisis REUTERS McKinsey & Co, the consulting firm, has agreed to pay $573 million to resolve investigations by most U.S. states over its alleged role in “turbocharging” sales of opioids, fueling a nationwide epidemic. read more »

GameStop frenzy prompts Yellen to call meeting with SEC, Fed POLITICO

Anyone Can Manipulate the Market. Here’s How to Fix That NY TIMES

The Silicon Valley Start-Up That Caused Wall Street Chaos NY TIMES

SEC issues warning as GameStop short-selling war resumes REUTERS The U.S. Securities and Exchange Commission waded into the battle between small investors and Wall Street hedge funds on Friday, warning both brokerages and the pack of social media traders that it was closely monitoring potential wrongdoing.

Millions earmarked for public health emergencies were used to pay for unrelated projects, inspector general says WASHINGTON POST Federal officials repeatedly raided a fund earmarked for biomedical research in the years leading up to the covid-19 pandemic, spending millions of dollars on unrelated salaries, administrative expenses and even the cost of removing office furniture, according to the findings of an investigation into a whistleblower complaint shared with The Washington Post.

Wall Street Insider Turned Tough Market Cop: Biden's Pick to Head SEC NPR

Former Insys exec John Kapoor gets 5 1/2 years for opioid scheme CNBC John Kapoor, 76, the former chairman of Insys Therapeutics, was sentenced to five and a half years in prison in Boston’s federal court. A jury found him guilty of racketeering conspiracy last May and prosecutors said his actions helped fuel the opioid crisis.

Attorney General Becerra Announces $40 Million Nationwide Settlement with Apria Healthcare STATE OF CALIFORNIA DEPARTMENT OF JUSTICE

Allison Herren Lee Named Acting Chair of the SEC SEC The Securities and Exchange Commission announced today that President Joseph R. Biden, Jr. has designated Allison Herren Lee as Acting Chair of the agency.

Georgetown University academic Chris Brummer in lead for CFTC chair REUTERS