Edition:
United States

John McCrank

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Jun 21 2018

U.S. Treasury previews upcoming report on fintech reforms

NEW YORK, June 21 A long-awaited report from the U.S. Treasury Department on financial technology will make wide-ranging recommendations about how to modernize regulation at the federal and state levels to promote innovation in financial services, a senior U.S. official said on Thursday.

Jun 20 2018

Cryptocurrency firm Tether releases law firm report attesting to U.S. dollar reserves

NEW YORK A Washington-based law firm co-founded by former FBI director Louis J. Freeh has attested that as of June 1 cryptocurrency firm Tether had enough U.S. dollar reserves to back its virtual coins in circulation, according to a report released by Tether on Wednesday.

Jun 14 2018

Cryptocurrency tether used to boost bitcoin prices, study finds

NEW YORK There is evidence that tether, a digital currency pegged to the U.S. dollar, may have been used to manipulate the price of bitcoin <BTC=BTSP> and other cryptocurrencies, according to a research paper released by the University of Texas on Wednesday.

Jun 01 2018

NYSE says U.S. SEC plan to limit exchange rebates would hurt investors

NEW YORK A proposal by the U.S. Securities and Exchange Commission (SEC)to lower stock exchange fees and limiting the rebates exchanges pay to brokers to attract orders could cost investors more than $1 billion dollars a year, the operator of the New York Stock Exchange estimated.

May 22 2018

Exclusive: Citadel Securities ups ETF game as part of growth push

NEW YORK Citadel Securities LLC has entered the lead market making business with a small list of exchange-traded funds, and is doubling down on hiring and analytics in 2018 to keep an edge over rival electronic trading firms, according to sources and an internal memo.

May 15 2018

U.S. ETF providers cry foul over SEC's fee experiment

NEW YORK A plan by the U.S. securities regulator to study how stock exchange pricing affects the market by creating different fee levels for different stocks and exchange-traded funds could stifle competition among ETF providers, industry executives told Reuters.

May 15 2018

Coinbase plans revamp to lure institutional and high-speed traders

NEW YORK Cryptocurrency exchange Coinbase is planning a revamp of its trading technology and creating a new suite of services to attract more institutional investors, including hedge funds and high-frequency trading firms, it said on Tuesday.

May 04 2018

Foes of market data fee hikes encouraged by SEC scrutiny

NEW YORK A recent move by U.S. securities regulators demanding stock exchanges do a better job justifying price changes for public market data feeds could lead to more transparency around data costs, the head of one of the world's largest trading firms said on Friday.

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