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- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
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- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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It's a Bloodbath at the State Department
Secretary of State Rex Tillerson is reportedly cleaning house at the State Department. Staffers in the offices of deputy secretary of state for management and resources as well as counselor were shown the door Thursday.
Many of those let go were on the building’s 7th floor - top-floor bigs - a symbolically important sign to the rest of the diplomatic corps that their new boss has different priorities than the last one. The staffing changes came as Tillerson was on his first foreign trip, attending a G-20 meeting in Bonn, Germany.
This week’s round of firings marks the 2nd time State Department personnel have been cleared out since President Trump took office last month. Four top officials were cleared out of the building at the end of January.
“As is standard with every transition, the outgoing administration, in coordination with the incoming one, requested all politically appointed officers submit letters of resignation,” a State Department spokesman said at the time.