Last Friday marked another successful Better Markets’ Academic Advisory Board conference, full of thoughtful discussion about pressing economic challenges—including AI, crypto misconduct, predatory inclusion, and the future of independent regulation in the wake of the Slaughter ruling.
We're days away from the midterms, and reports of malevolent actors attempting to influence our elections are capturing headlines. And this election cycle, they have a new tool: prediction markets. See the link below to learn more about the dangers of election betting.
ICYMI: Last week, the Better Markets’ Academic Advisory Board brought together leading scholars, policymakers, and advocates to explore today’s most urgent economic challenges. Check out our YouTube channel to hear what they had to say.
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The door is now wide open for crypto banks to bring their huge risks into our banking system without any safeguards, thanks to our banking "regulators." This is bad for the safety of our banks and the Main Street economy. Link below.
The SEC unleashing the "Innovation Exemption" represents the biggest shift in how our stock market operates in decades. See the link below to learn more about what tokenization means for you and the whole of the economy.
Learn from the brightest minds in economic and financial policy. Hear from thought leaders bridging the academic divide. Join a community focused on building a system that works for everyone, not just the wealthy and well-connected. Register today for the State of Economic and Financial Policymaking Conference. Hybrid—virtual and live in Washington, DC. https://t.co/8YFtNrukEy
With the stroke of a pen, the SEC is attempting to negate 90 years of rules protecting investors in the stock market by allowing firms to create ‘shadow’ stocks that trade on systems outside of SEC regulation. This order should be rescinded. Link below.
Don’t miss @DennisKelleher's new Substack explaining how Bob Rubin's NYT op-ed about election interference unintentionally highlights how much trouble the country is really in. Link below.
As financial nihilism takes root among some young Americans, prediction markets are capitalizing by disguising betting as investing. The consequences could be disastrous. See the link below.
The OCC’s GENIUS Act implementation completely fails to protect the banking system and the savings of hardworking Americans from the volatility and recklessness of crypto. See the link below to learn more.
The SEC is rushing to help the crypto industry by proposing to adopt special rules that would free crypto from the guardrails that protect investors. See the link below to learn why this is a mistake and why the proposal should be withdrawn.