Howard-Lutnick

Commerce Secretary Lutnick Maintains $600 Million Tether Stake Despite DOJ Investigation and Senate Scrutiny

2025-01-20 00:00:00 +0000 UTC | Importance: 8/10

Commerce Secretary Howard Lutnick refuses to recuse from Trump’s Digital Asset Working Group despite maintaining a $600 million stake in Tether, a cryptocurrency under DOJ investigation. Multiple sources, including Senator Elizabeth Warren’s office, highlight Lutnick’s significant …

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SEC Charges Cantor Fitzgerald $6.75 Million for Misleading SPAC Disclosures

2024-12-19 00:00:00 +0000 UTC | Importance: 8/10

The SEC charged Cantor Fitzgerald $6.75 million for systematic disclosure violations in two SPAC transactions involving View, Inc. and Satellogic. The firm misled investors by claiming no substantive discussions with merger targets existed, despite already negotiating potential mergers. This …

Securities and Exchange Commission Cantor Fitzgerald Howard Lutnick (CEO) View, Inc. Satellogic spac-fraud disclosure-violations sec-enforcement cantor-fitzgerald howard-lutnick +3 more