Explaining GameStop hearing terms: Payment for order flow

AXIOS

Payment for order flow, or PFOF, sits at or near the top of the list of people's complaints about market structure. read more »

Explaining GameStop hearing terms: Short-selling

AXIOS

The reason that GameStop stock rose so sharply last month was, paradoxically, because so many people had bet that it was going down. read more »

Explaining GameStop hearing terms: Settlement times

AXIOS

The oddest part of the Robinhood position on short-selling is the part where the company claims that problems with shorting could "potentially" be avoided by implementing "changes to the stock settlement process." read more »

Concrete Contractor Agrees to Settle False Claims Act Allegations for $3.9 Million

DOJ

OLAS Djibouti SARL (Colas Djibouti) ­has agreed to resolve for $3.9 million civil allegations that it violated the False Claims Act by selling substandard concrete used to construct U.S. Navy airfields in the Republic of Djibouti, the Department of Justice announced today. Colas Djibouti, a French limited liability company, is a wholly owned subsidiary of Colas SA, a French civil engineering company. read more »

SEC Awards Almost $3 Million Total in Separate Whistleblower Awards

SEC

The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of almost $3 million. read more »