Mississippi’s public employees’ fund, a Louisiana sheriffs’ fund and the state of Rhode Island were among the lead plaintiffs.
The metal’s price is way up, but it tanked after the resolution of the 2011 federal default crisis and could face further volatility this year.
AI has been a topic of interest for Gensler lately, and this likely marks the first confirmation that the SEC is already working on the issue.
The NextGen program recognizes the future leaders in institutional investing.
The deposit flight has halted, and lending hasn’t suffered, the firm notes.
They have ample liquid assets—and show little sense of fear.