Weekly Roundup
Social Media and Gamification: GameStop Hearing Part III
A third GameStop hearing was held in the House Financial Services Committee this week, with SEC Chair Gary Gensler testifying.
SPAC Crackdown
Media discussion of a potential SPACS crackdown continued, with speculation over whether regulators would “deflate the boom” in these “blank-cheque” companies, including optimistic projections and celebrity endorsements.
ESG Investing
Record inflows to ESG funds were reported to be approaching $2 trillion in assets under management globally.
Artificial Intelligence
A report was published regarding artificial intelligence trends in the global fintech markets.
IP Protection and Source Code Misappropriation
It was reported that Tesla settled a lawsuit with a former employee regarding autopilot source code misappropriation.
In the Mix: This Week’s Top FinTech Thought Leader
- Jason Somensatto, is the new acting director of LabCFTC, the CFTC’s financial technology research division. He is a former lawyer at decentralized exchange project 0x Labs.
- Vanessa Colella, Chief Innovation Officer, Citi, shared reflections on her career, leadership, and lessons learned.
- Michael Ginzburg, Executive Director will reportedly head a newly established fintech group at Goldman Sachs.
- Brian Hamilton, CEO of One Finance, discussed the overhaul of digital finance in banking “coming fast.”