Goldman, Nasdaq CEOs to headline Mar-a-Lago crypto 'forum' hosted by Don Jr. and Eric Trump | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]David Solomon, Chairman and CEO, Goldman Sachs, attends at the Global Financial Leaders' Investment Summit, in Hong Kong, China, November 4, 2025. REUTERS/Tyrone Siu [Purchase Licensing Rights, opens new tab]- Companies- Summary- World Liberty Financial central to Trump family's wealth- World L ...

Core Viewpoint - Stephen Hemsley acquired unannounced stakes through affiliates of his investment firm, while UnitedHealth asserts that he complies with conflict-of-interest policies [1] Company Summary - Stephen Hemsley is associated with UnitedHealth and has taken stakes through his investment firm's affiliates [1] - UnitedHealth maintains that Hemsley adheres to established conflict-of-interest policies [1]

Core Viewpoint - The Securities and Exchange Commission (SEC) has settled with Commonwealth Financial Network, concluding a legal dispute that began in 2019 regarding undisclosed conflicts of interest in mutual fund share class recommendations, resulting in a $93 million penalty [1]. Group 1: Settlement Details - The SEC and Commonwealth filed a joint motion to extend the stay in the case until March 31, indicating they have reached a settlement [2]. - U.S. District Judge Indira Talwani granted the extension to allow time for negotiating the settlement terms, although specific details of the settlement were not disclosed [2]. Group 2: Revenue Sharing and Client Impact - Commonwealth utilized National Financial Services as its clearing broker, allowing representatives to recommend mutual fund shares through both No Transaction Fee and transaction fee programs [3]. - A revenue-sharing agreement between Commonwealth and NFS incentivized the firm to recommend certain mutual fund share classes that were often more expensive for clients, despite the existence of cheaper alternatives [4]. - From July 2014 to March 2018, Commonwealth earned approximately $58.7 million from client assets in No Transaction Fee mutual fund share classes and $77 million from transaction fee share classes between July 2014 and December 2018 [5]. Group 3: Disclosure Failures - Commonwealth did not inform clients about the revenue generated from higher-cost share class recommendations, which were conflicted, and failed to clarify that these conflicts were real, not theoretical, even after amending disclosures in 2017 [6]. - In 2024, Judge Talwani ordered Commonwealth to pay $65,588,906 in disgorgement, $21,185,162 in prejudgment interest, and a civil penalty of $6.5 million [6]. Group 4: Appeal Process - Approximately one month later, Commonwealth sought to appeal the case to the U.S. Court of Appeals for the First Circuit [7].

Core Insights - Recent military actions in Venezuela have brought attention to defense and oil stocks, with L3Harris Technologies Inc (NYSE:LHX) being a potential beneficiary due to its defense focus [1] - Members of Congress have purchased LHX stock, indicating potential insider interest in defense spending and military actions [2][5] Company Developments - L3Harris Technologies plans to spin off its missile business into a separate public company, which will focus on defense platforms and missiles such as Tomahawk and THAAD [3] - The U.S. Defense Department is investing $1 billion in the separated missile company through convertible preferred securities, which will convert to common stock at the anticipated IPO in the second half of 2026 [4] Stock Performance - L3Harris stock reached an all-time high of $361.59, currently trading at $347.59, reflecting a 62.5% increase over the past 52 weeks [6] Congressional Involvement - Specific members of Congress have made significant purchases of LHX stock, with Rep. Richard McCormick, Rep. Gil Cisneros, and Sen. Markwayne Mullin all holding shares [7] - These members serve on various defense committees, raising potential concerns about conflicts of interest regarding their investments in defense companies [5][8]

Core Viewpoint - A senior South Korean lawmaker is under scrutiny for potential conflicts of interest related to his son's employment at Bithumb while he pressured Dunamu, the operator of Upbit, raising concerns about the intersection of politics and the cryptocurrency industry [1][2]. Group 1: Allegations and Actions - Kim Byung-kee, a member of the National Assembly's Political Affairs Committee, is accused of pressuring Dunamu while assisting his son in obtaining an internship at Bithumb [2]. - Reports indicate that Kim met with Bithumb executives in November, coinciding with a job posting for a data analysis intern that matched his son's qualifications [3]. - Kim's son joined Bithumb in January and left in June, with claims that Kim's staff circulated his résumé to other firms prior to the Bithumb role, labeling the hire as "special employment" [4]. Group 2: Public Statements and Denials - Following the meeting with Bithumb, Kim allegedly instructed aides to prepare aggressive questioning for Dunamu, framing Upbit's market dominance as a monopoly issue [5]. - During a Political Affairs Committee session in February, Kim raised concerns about Upbit's market share and its handling of the Terra-Luna collapse, without questioning Bithumb [5][6]. - Kim has denied any wrongdoing, asserting that his legislative activities were based on general policy concerns and unrelated to his son's employment, which he claims was through open recruitment [6]. Group 3: Industry Response - Bithumb has stated that its recruitment process was transparent and noted that concerns about monopolization in the crypto market have been consistently raised by lawmakers and experts since 2021 [7].

Market Dynamics - Crypto com is hiring a quant trader to run an in-house market-making team on its sports prediction market [1] - The move is similar to Kalshi and Polymarket, raising conflict-of-interest concerns [1] Company Policy - Crypto com claims it doesn't rely on proprietary trading revenue [1] - Crypto com gives market makers a 3-second advantage window on sports markets [1]

From foreign deals to luxury projects, Trump’s ongoing business entanglements have raised extraordinary conflict-of-interest concerns and accusations of self-enrichment unlike any modern presidency. Media Matters president Angelo Carusone and Ambassador Norm Eisen, founder and executive chair of the Democracy Defenders Fund and former White House ethics czar under President Obama, join The Weeknight to weigh in. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS NOW is the go-to destination for domest ...

Business Expansion - The Trump business empire has experienced unprecedented growth, generating approximately $4 billion in paper wealth and proceeds since the re-election year [1] - Recent expansion has positioned the Trumps as significant participants in the crypto industry [3] Crypto Venture - The Trumps hold a 40% ownership stake in World Liberty Financial, their primary crypto venture [3] - World Liberty Financial allocates 75% of token sale proceeds to the Trumps [3] - World Liberty Financial has generated approximately $1 billion in proceeds to date [4] Other Business Interests - The president reported approximately $11 million in royalties in 2024 from merchandise sales [4]

As filed with the U.S. Securities and Exchange Commission on December 19, 2025. Registration No. 333-291966 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _______________________________ Art Technology Acquisition Corp. (Exact name of registrant as specified in its charter) _______________________________ Cayman Islands 6770 98-1881297 (State or other jurisdiction of i ...

Regulatory Compliance & Ethics - FAA负责人Bryan Bedford在加入特朗普政府前，似乎没有剥离其运营的航空公司的股票[1] Leadership & Governance - 参议院委员会监督该机构的首席民主党人对此事表示关注[1]