Weekly Roundup
Retail Investor Participation Continues – It was reported that retail investor participation continues to be strong, with one strategist indicating retail investors are “so programmed to buy the dips” that they caused the market to rally.
Buying Bank Stocks – Retail investors have reportedly posted the longest streak of buying bank stocks since 2008.
SEC Climate Disclosure Proposals – The SEC released two proposed rules to enhance and standardize climate-related disclosures for investors.
Source Code Breach – It was reported that 37GB of Microsoft’s internal source code has been leaked online by the Lapsus$ group.
Crypto Spot ETFs – The SEC has delayed decisions on two spot Bitcoin ETFs.
Cloud Trading Data – Bloomberg and Google Cloud have announced a collaboration to offer services to customers, which includes easy access to B-PIPE, Bloomberg’s real-time market data feed. B-PIPE powers front, middle and back-office applications and systems for trading, execution and risk management.
Regtech Growth – A report indicated that the regtech market was projected to grow by 24.7% in 2022.
In the Mix: This Week’s Top FinTech Thought Leader
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Crypto venture capitalist Katie Haun has reportedly raised $1.5 billion for Haun ventures, the largest debut fund ever for a female VC.
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Dave Weisberger, Co-Founder and CEO, CoinRoutes, raised $16 million in Series B to bring the firm’s algorithmic crypto trading platform to institutional investors.
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Adam Browman, Head of Growth at Loopring, indicated that the beta version of GameStop’s NFT marketplace is now live and powered by Loopring L2.