Atkins’ nomination is a breath of fresh air for the crypto crowd, who felt Gensler dragged his feet on policy.
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Wealth managers are getting held-away crypto assets in-house through ETFs and separately managed accounts.
The funds that track the second-largest cryptocurrency were off to the races in late July, but have been stuck in the ether ever since.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.