Money and Policy

SEC’s Gensler doesn’t see cryptocurrencies lasting long

Securities and Exchange Commission Chair Gary Gensler said Tuesday that he doesn’t see much long-term viability for cryptocurrencies, underscoring the importance of protecting investors in the market and bringing it under regulatory oversight.

MassMutual fined for failing to monitor GameStop saga star

Massachusetts is fining MassMutual $4 million after accusing the company of failing to supervise an employee whose online cheerleading of GameStop’s stock helped launch the frenzy that shook Wall Street earlier this year