ValueAct’s Morfit unveils BlackRock stake, says tech can make it ‘more powerful’

ValueAct’s Morfit unveils BlackRock stake, says tech can make it ‘more powerful’

ValueAct’s Mason Morfit unveiled a stake in BlackRock , saying the firm could lead on investment management software. Morfit, the activist investing firm’s co-CEO, disclosed the holding for the first time on an episode of “The Master Investor,” a podcast hosted by CNBC contributor Wilfred Frost . Morfit’s revelation comes ahead of the fund’s regulatory…

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CFTC defends prediction market enforcement as states challenge platforms

CFTC defends prediction market enforcement as states challenge platforms

Michael Selig, U.S. President Trump’s nominee to serve as Commodity Futures Trading Commission (CFTC) chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill in Washington, D.C., U.S., Nov. 19, 2025. Jonathan Ernst | Reuters The Commodity Futures Trading Commission filed an amicus brief in federal court on Tuesday to assert…

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