March 2, 2021
Cryptocurrency enthusiasts have been eyeing Joe Biden’s pick to run the US Securities and Exchange Commission for clues about how he might regulate the technology. In his confirmation hearing today, nominee Gary Gensler suggested that more government oversight of cryptocurrencies was in the offing.
He also hinted that the type of oversight will depend on which form of cryptocurrency is under discussion. With crypto prices on a tear in recent months, the frenetic debate about whether the rapidly evolving market constitutes a legitimate new asset class or a bubble ripe for abuse has turned into a regulatory conundrum, as institutional and retail investors race ahead of rules to govern the space.
A legal action was filed Tuesday requesting that a federal court unseal records related to the seizure of U.S. Sen. Richard Burrâs cellphone by the Federal Bureau of Investigation.
The action was filed by Los Angeles Times Communications LLC in the U.S. District Court for the District of Columbia.
The filing had not appeared in the federal court filing website www.pacer.gov as of Tuesday night.
A tweet posted Tuesday contains the first four pages of the filing, including a synopsis of the request and the first graphs describing the background of the action.
The L.A. Times was the first to report on May 13 that FBI agents came to Burrâs home in the Washington area with a search warrant for the cellphone. The newspaper cited an anonymous law-enforcement source.
Yesterday, the Securities and Exchange Commission SEC announced a $500,000 whistleblower award issued to two whistleblowers who provided tips that led to investigations by multiple agencies.
Oasis Releases Investor Presentation Recommending Changes at Stratus Properties
Tuesday, March 2, 2021 9:50AM IST (4:20AM GMT)
Austin, Texas, United States:
Oasis presentation describes how overly tenured Board, poor corporate governance, and failure to execute on strategy have led to underperformance despite a booming Austin real estate market
Recommends a full portfolio review and increased asset churn to narrow Stratus’ discount to NAVOasis proposes new independent, diverse directors with real estate and public board experience that will hold management accountable and act in the best interests of all shareholders
Oasis intends to distribute a GOLD Proxy Card to Stratus shareholders
Full presentation at www.abetterstratus.com
Colicity Inc. (the “Company”) announced the closing today of its initial public offering of 34,500,000 units, including the underwriters’ exercise of their full over-allotment option for 4,500,000 units, at a price of $10.00 per unit.