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SEC 'Reserves' Right To Oppose Bankrupt Crypto Exchange FTX's Plan To Pay Creditors In Stablecoins
Tuesday, September 3, 2024 - 4:50am | 519The U.S. Securities and Exchange Commission (SEC) may oppose the plan proposed by bankrupt cryptocurrency exchange FTX to repay creditors using U.S. dollar-pegged stablecoins. What Happened: In a court document, the regulator stated it reserves its rights to object to the transactions detailed in...
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6 Dividend-Trap Stocks That Could Follow Mattel And GNC's Lead, Cutting Or Suspending Payouts
Friday, July 14, 2017 - 1:39pm | 1351Living beyond means is always a risky proposition, be it an individual or a business. When companies are cash-constrained, the first thing they will lay their hands on would be dividends, as these are not mandatory payments stipulated by corporate law. An investor who is lured by the lucre of an...