A FOMO Moment for Mythos

Andrew here. The S.E.C. is reportedly considering a plan that could rewrite the rules for trading shares in companies. It would allow the creation and trading of tokens that represent a share or a fraction of a share, but may not be authorized or backed by the company the token ostensibly represents, according to Bloomberg. (Which means the token holder may not have voting rights or receive dividends.) Watch this space: It could become a heated battle between corporate America and the crypto community.

Also, thanks for all of your notes regarding President Trump’s 3,700 trades. I’d love to hear your thoughts on what trading policy for federal officials should look like. For example, should trading be banned entirely? Restricted to specific windows? Managed through blind trusts? Furthermore, should public disclosures be immediate or delayed, and how should the policy address family members?

Speaking out about cybersecurity risks

Concerns about the power of Mythos, Anthropic’s new artificial intelligence model, have rattled corporate boardrooms and the political halls of power. But since its release, another big worry has arisen: What about those who don’t have access to the tool?

Article source: https://www.nytimes.com/2026/05/19/business/dealbook/mythos-ai-fomo-moment.html