World tour have agreed to a shock merger with the saudi backed liv golf. This comes despite the pending litigation between pga and liv. That will now be halted as they move forward as part of the same enterprise. Over the past year liv golf caused huge disruption in the mens game, with top players such as rory mcllroy and tiger woods boldly criticising it. But other players such as Brooks Koepka joined liv golf for large sums with the backing of the Saudi Arabia Public Investment fund. The bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. Players can get along fine when they are playing for the biggest prizes. Money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. Michael roy was a groomsmen at garcias wedding. They now do not speak. But that sort of thing will be shoved to one side. What we wait to see is what shape mens golf take Going For
bigger rival, binance, and its billionaire creator. samira hussain has more from new york. in these latest charges, the sec said coinbase acted as a broker exchange and clearing agency for broker exchange and clearing auen y ., , , ., ., agency for investments that are sub ect to agency for investments that are subject to sec agency for investments that are subject to sec rules. agency for investments that are subject to sec rules. but - agency for investments that are subject to sec rules. but they i subject to sec rules. but they did so without properly registering, and that, they said, allows the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise, as a publicly traded companies and disclosed in march that the sec had notified it that these charges may be coming. in response, coinbase said liberals are not clear. they testified on capitol hill that the chief legal officer said it try to get new rule
more now from new york with samira hussain. in these latest charges, the sec said coinbase acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded companyit disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time, we have had over 30 engagements with the sec to try to work towards a sensible framework for regulation that would allow, for example, the registration of platforms as either broker dealers or atss, or a national securi
more from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time. no response from the sec. since that time. we no response from the sec. since that time, we have no response from the sec. since that time, we have had - no response from the sec. since that time, we hav
world tour have agreed to a shock merger with the saudi backed liv golf. this comes despite the pending litigation between pga and liv. that will now be halted as they move forward as part of the same enterprise. over the past year liv golf caused huge disruption in the men s game, with top players such as rory mcllroy and tiger woods boldly criticising it. but other players such as brooks koepka joined liv golf for large sums with the backing of the saudi arabia public investment fund. the bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. players can get along fine when they are playing for the biggest prizes. money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. michael roy was a groomsmen at garcia s wedding. they now do not speak. but that sort of thing will be shoved to one side. what we wait to see is what shape men s golf t