Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion over the seizure more than a decade ago of state-run oil company YPF SA.

Kalshi Inc. has secured a license allowing it to offer margin trading to users, a feature that would make the prediction market platform more appealing to sophisticated institutional investors.

Nearly a quarter of the staff in the Securities and Exchange Commission’s division overseeing hedge funds, private credit firms, mutual funds and many investment products, left the agency last year, according to a new report.

A financial consulting firm owner isn’t entitled to a jury trial to contest the SEC’s consideration of Finra-imposed sanctions, the Sixth Circuit ruled Friday on procedural grounds.

The Nasdaq 100 Index fell into correction territory on Friday amid a deepening slump in the shares of technology giants that have powered the bull market for most of the past three years.

ImmunityBio Inc. and its billionaire executive chairman Patrick Soon-Shiong overhyped its bladder cancer drug on former White House spokesman Sean Spicer’s podcast, an investor’s proposed class action said.