
SEC Cross-Trading Rule Proposal Targets Fund Costs
The SEC proposed restoring most fixed-income cross trades for registered funds while adding pricing, oversight and reporting safeguards.
Sharron Kendi is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence.

The SEC proposed restoring most fixed-income cross trades for registered funds while adding pricing, oversight and reporting safeguards.

The CFTC swap rule excludes sportsbook and casino wagers from derivatives, clarifying jurisdiction while preserving oversight of qualifying event contracts.

Judy Shelton joined the U.S. Treasury as a currency-policy counselor, advising Scott Bessent on China’s financial conditions and exchange rates.

Horizon Aircraft says Cavorite X7 testing remains scheduled for early 2027 as it advances the full-scale hybrid-electric demonstrator.

The White House created a three-member committee to examine allegations against Fed Governor Lisa Cook and hold a closed hearing November 5.

Starlink Mobile agreed to acquire nationwide 800 MHz spectrum as SpaceX moves toward a hybrid satellite and terrestrial U.S. wireless network.

AngioDynamics posted 6.9% sales growth and stronger Med Tech momentum while reiterating fiscal 2027 guidance ahead of a CEO transition.

Delta reports September-quarter results today, with investors focused on mid-teens revenue growth, margins, fuel costs and full-year guidance.

Airtel Money enters conditional London trading at £1.96 a share, implying a £5.3 billion valuation before full admission on October 14.

The Kenya Payment System Bill consultation closes October 9 as officials seek views on licensing, interoperability, open finance and consumer protection.