Company Restructuring - Fintech startup Linqto 同意达成协议，以偿还那些被错误承诺可以获得难以获得的私人公司股份的客户 [1] Legal and Compliance - Linqto 是一家倒闭的金融科技初创公司 [1]

🚨JUST IN: ROBINHOOD TO LAUNCH CLOSED-END FUND OFFERING U.S. RETAIL INVESTORS ACCESS TO PRIVATE COMPANIES ~ BLOOMBERG ...

This is a really important conversation to be having, especially because on surveillance, we keep talking about the divide between public markets and the underlying economy, and it seems like it's growing in an increasingly dramatic fashion. And we keep wondering whether the economy is really struggling right now, at least by virtue of some of these labor market pictures. At the same time that you're seeing the oracles of the world do very well. Are you seeing that. Are you seeing the need for money to be a ...

Industry Trend - Citigroup is expanding its research on private companies, joining rivals in covering firms that aren't publicly traded [1]

Digital Asset Regulation & Innovation - The US government has officially recognized payment stablecoins, potentially lowering costs and risks through near-instantaneous settlement of payment versus delivery for securities [3] - The SEC's role involves pushing exchanges towards T0 (effectively instantaneous) settlement, while addressing fraud prevention [3][4] - The industry is currently at T+1 settlement, moving towards the long-desired goal of almost instantaneous delivery versus payment [4][5] - The SEC has stated informally that Ether is not a security [22] - The market is embracing digital assets, fostering development and innovation in the sector [23] Private Markets & 401(k) Plans - Private markets have grown significantly in the last 30-40 years, offering capital through venture capital, private equity, and private credit [7] - There's increasing investor demand to access private markets through retirement plans [7] - The SEC aims to collaborate with the Department of Labor to establish guardrails for individual investors to include private funds in their retirement plans [8][9] - Key considerations for private fund investments include valuation, liquidity, and fees, necessitating fiduciary oversight [9] Public Market Rejuvenation - The industry needs to rejuvenate public markets by addressing excessive disclosure, litigation issues, and governance issues [12][13][14] - The SEC aims to level the playing field between public and private markets through regulatory power [12][14] Liquidity in Private Investments - Liquidity is a key concern for private investments, especially as investors approach retirement [14][16] - The market may develop solutions to address liquidity issues, such as secondary or tertiary markets for liquidating investments [17][19] - Diversification is crucial in retail markets, along with addressing fees and liquidity [20]