Whistleblower News: Cryptocurrencies May Be Reined In Soon, SEC Gives Chinese Companies New Requirements For U.S. IPO Disclosures, Purdue Pharma Judge Says Sacklers Face 'Substantial Risk' Of Liability

Cryptocurrencies May Be Reined In Soon — Here's What Regulators Want To Change

NPR

Cryptocurrencies are like the Wild West. That is according to Gary Gensler, the new head of the Securities and Exchange Commission. So-called crypto has become immensely popular, and Gensler wants to rein it in. read more »

SEC gives Chinese companies new requirements for U.S. IPO disclosures

REUTERS

The U.S. Securities and Exchange Commission (SEC) has started to issue new disclosure requirements to Chinese companies seeking to list in New York as part of a push to boost investor awareness of the risks involved, according to a document reviewed by Reuters and people familiar with the matter. read more »

Purdue Pharma judge says Sacklers face 'substantial risk' of liability

REUTERS

The judge overseeing Purdue Pharma’s bankruptcy said on Monday that some members of the Sackler family who own the OxyContin maker face a “substantial risk” of liability and could be on the hook for "huge amounts of money" over claims the company fueled the opioid epidemic. read more »