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Latest News in Asset Management
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June 11, 2026
Elon Musk's SpaceX on Thursday priced a $75 billion initial public offering at its designated price range, represented by Gibson Dunn Crutcher LLP and underwriters' counsel Davis Polk & Wardwell LLP, marking the largest IPO in history.
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June 11, 2026
Chiron Financial didn't pay 17 of its workers when it was having money trouble, a proposed class action in Texas federal court alleges, seeking to recoup the money that the workers say they're owed.
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June 11, 2026
Sports prediction company ProphetX on Thursday received approval from the U.S. Commodity Futures Trading Commission to register as a federally regulated prediction market exchange focused on sports-based event contracts, becoming the first American sports-native, direct-clearing prediction market to launch and operate in full compliance with federal law.
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June 11, 2026
Senate Banking Committee Democrats are warning the White House not to put another Republican on the U.S. Securities and Exchange Commission without also naming a Democrat, saying it would violate a federal mandate for partisan balance.
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June 11, 2026
The U.S. Commodity Futures Trading Commission is looking to amend its whistleblower rules to align with those of the U.S. Securities and Exchange Commission and to establish an immediate minimum 30% payout for whistleblower awards of $5 million or less.
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