Keyword "securities and exchange commission" - List of latest news (134 results)

07:01 Trump admits China’s tariffs will drop ‘but it won’t be zero’

Trump admits China’s tariffs will drop ‘but it won’t be zero’ - Trump’s massive import taxes have roiled stock markets since he announced them on April 1

20/04 just! The Federal Reserve and the US Securities and Exchange Commission have suddenly spread big news!

just! The Federal Reserve and the US Securities and Exchange Commission have suddenly spread big news!

16/04 New trade war front: Washington weighs kicking Chinese companies off Wall Street

Such a move could come at a precarious moment. The markets have already been rattled by the trade war, and mass delistings could shock investors even more.

15/04 Cory Booker calls for insider trading hearings after Trump’s tariff backtrack

Cory Booker calls for insider trading hearings after Trump’s tariff backtrack - ‘Not to have hearings, not to do any kind of oversight, undermines the faith we have in our government,’ senator says

22/03 Ticketing platform StubHub plans to become a public company with initial stock offering

Events ticketing platform StubHub has filed for an initial public offering of its common stock. The online marketplace where users can buy and resell tickets to sports games, music concerts and other live entertainment events said Friday that it had applied to list on the New York Stock Exchange und

20/03 Smurfit Westrock merger: CEO Tony Smurfit’s pay package recorded as €19.5m

Total included remuneration before and after Smurfit Kappa merged with Westrock

25/02 Musk, "beat" the US Securities and Exchange Commission!

Musk, "beat" the US Securities and Exchange Commission!

15/01 SEC sues Elon Musk over Twitter-related share violations

Regulator alleges businessman’s failure to follow disclosure rules delivered $150m benefit on share purchases

15/01 US Securities and Exchange Commission sues Musk over Twitter takeover – “year-long campaign”

It has been known for years that Elon Musk was too late in reporting that an important holding mark had been exceeded when he bought Twitter. The investigation has now resulted in a lawsuit from the stock exchange supervisory authority. Musk's lawyer responds.

10/01 Former WWE CEO Vince McMahon reaches deal with SEC over undisclosed settlement agreements

The Securities and Exchange Commission says that it has settled charges against former WWE CEO Vince McMahon over his failure to disclose to the sports entertainment company’s board and others that he signed two settlement agreements worth $10.5 million with two women in order for them not to reveal

05/01 Accounting firms try to block new US disclosure rules about auditors

Regulator has been accused of piling pressure on companies with a flurry of rulemaking

24/12 The Container Store Files for Chapter 11 Bankruptcy

The Container Store has filed for bankruptcy, following similar announcements from Party City, Big Lots, True Value, and Rite Aid.

05/12 'Insider Trading': 'Hawk Tuah' Crypto Coin Crashes Within Hours of Launch

Haliey Welch, of the viral "hawk tuah" video, is facing backlash from supporters after launching a cryptocurrency that crashed within hours.

05/12 Trump nominated Paul Atkins as chairman of the US Securities and Exchange Commission

“He is a proven leader on common sense regulations. "Believe in the promise of innovative and robust capital markets that respond to the needs of investors," said the US president-elect on social networks.

05/12 Bitcoin reached an all-time high and surpassed the $100,000 barrier

This increase is attributed to expectations that US President-elect Donald Trump will take steps to deregulate cryptocurrencies after taking office next month.

04/12 A new head of the Securities and Exchange Commission.. Who did Trump choose to take over the position?

A new head of the Securities and Exchange Commission.. Who did Trump choose to take over the position?

04/12 Trump has nominated a crypto-friendly lobbyist to head the exchange watchdog

It's a sharp change from the current leader who is strict with cryptocurrencies.

29/11 He ate a work of art: The businessman who bought a banana for 6.2 million dollars kept his promise

Justin Sun, founder of Tron, ate the banana he bought as a piece of art this Friday during a press conference in Hong Kong

22/11 Anti-Crypto SEC Chair Gary Gensler to Step Down

SEC chair Gary Gensler will resign, which would allow for Donald Trump to select a pro-crypto, anti-climate-change-policy chairman.

22/11 Bitcoin rises after SEC chair says he is to step down when Trump is inaugurated

Gary Gensler, a critic of the cyrpto industry, will leave the US financial regulator on 20 January

21/11 Feds charge Indian billionaire Gautam Adani in multibillion-dollar bribery scheme

Gautam Adani, 62, along with the seven other defendants were accused of paying about $265 million in bribes to Indian government officials.

13/11 French Hill Calls on Financial Regulators to Halt Politicized Agenda Post-Trump Victory

Rep. French Hill called on financial regulators to halt their "politicized regulatory agenda" given Donald Trump's "historic win."

18/10 "How do I know if the FBI is investigating me?" - a criminal searched for it on the Internet, but he finally got the answer in practice

A man spreading false information about Bitcoin after he hacked a social media profile of the US Securities and Exchange Commission. After what he did, he became concerned and had several internet searches looking for signs of a possible FBI investigation.

24/09 Harris's pro-virtual asset remarks... Industry “Bitcoin rise forecast” [Coin Briefing]

"Bitcoin rally is possible" due to the easing of US monetary policy, including the Fed's 'big cut' US lawmakers urge the SEC to abolish accounting guidelines for mandatory corporate custody (Seoul = News 1) Reporter Ji-Hyun Kim = ◇ Industry reacts to Harris's pro-virtual remarks ahead of Trump “Bitcoin expected to rise” Bitcoin, a virtual asset (cryptocurrency) that has recently achieved a rebound

12/08 Breaking news! Is the Chairman of the Securities Regulatory Commission of India a “mole”?

Breaking news! Is the Chairman of the Securities Regulatory Commission of India a “mole”?

14/07 US financial watchdog urged to investigate NDAs at OpenAI

Whistleblowers say contracts include restrictions requiring staff to seek permission before contacting regulators

28/06 Supreme Court Vindicates Right to Jury Trial in Securities Fraud Cases

The Supreme Court on Thursday ruled a person accused by the S.E.C. of civil fraud has a right to a trial by jury before a federal judge.

26/06 Human rights group urges UK financial regulator to block Shein’s LSE flotation

Campaigners allege Uyghur people used as forced labour at some of fast-fashion retailer’s cotton suppliers in China

18/06 Impeachment Inquiry: Hunter's Lawyer Used Joe Biden's Position to Discourage SEC Probe

Hunter Biden's lawyer invoked Joe Biden’s position as vice president, seemingly to discourage scrutiny from an SEC probe.

01/06 Live Nation investigating data breach of its US Ticketmaster unit

Cybercrime group ShinyHunters said it had stolen data of 500m customers of concert promoter’s ticketing arm

29/05 American Airlines cuts some 2Q financial forecasts, says chief commercial officer is leaving

American Airlines is lowering some of its second-quarter financial forecasts and has announced the departure of its chief commercial officer.

25/05 Following Bitcoin, Ethereum spot ETF was approved... Solana next?

Solana, ranked 5th in market cap, received the most institutional investment after Bitcoin last year. The SEC views Solana as a 'security', and if the regulatory body changes, it may be classified as a 'product' (Seoul = News 1) Reporter Ji-hyun Kim = The U.S. Securities and Exchange Commission (SEC) With the approval of the official review request (19b-4) for the Ethereum spot exchange-traded fun

24/05 Ether ETF gets surprise approval from regulators in ‘exciting moment’ for crypto industry

Nine issuers including VanEck, ARK Investments/21Shares and BlackRock hope to launch ETFs tied to the second-largest cryptocurrency after the SEC in January approved bitcoin ETFs in a watershed mom…

23/05 As Trump Media reported net loss of more than $320 million, share prices fell 13%

Trump Media, the parent company of Truth Social, trading on the stock market as DJT, reported more than $300 million in losses in Q1 of 2024.

22/05 The SEC has changed 180 degrees, and it is unclear whether the Ethereum spot ETF will be approved within the year → Approval is likely in May

“SEC announces approval to exchanges that applied for ETH spot ETF listing this week” There are already 5 management companies that have revised and resubmitted their documents… Expectations for approval ↑ (Seoul = News 1) Reporter Ji-hyun Kim = The possibility of approval for trading of the Ethereum spot exchange-traded fund (ETF), which was uncertain about the possibility of approval within the

14/05 Top fitness company CEO suspended amid federal probes, allegedly threatened to decapitate franchisee: report

“The investigators are focusing on how Xponential allegedly misled franchisees into agreements and then essentially trapped them.”

11/05 Shein ‘steps up plan for London IPO’ amid US listing hurdles

Sources say Singapore-based online fashion retailer founded in China prefers a float in New York but faces tougher scrutiny than expected

08/05 US Tesla Autopilot probe focusing on securities, wire fraud after Elon Musk hyped self-driving tech

Prosecutors are far from deciding how to proceed, one of the sources said, in part because they are sifting through voluminous documents Tesla provided in response to subpoenas.

06/05 Robinhood warns feds could penalize firm over crypto tokens traded on platform

The SEC has adopted a tough stance toward the digital currency industry, arguing most cryptocurrency tokens are securities and subject to its registration rules, while crypto firms have accused it …

03/05 Accounting firm used by Trump Media hit with ‘massive fraud’ charge

Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission

03/05 Trump Media auditor BF Borgers charged with ‘massive fraud’ by SEC, hit with ban

BF Borgers agreed to pay a $12 million civil penalty, and Benjamin Borgers agreed to pay $2 million, to settle the SEC’s charges.

29/04 Elon Musk still needs lawyer approval to tweet about Tesla, says supreme court

Justices reject appeal from CEO, who said requirement amounts to ‘prior restraint’ on his speech in violation of first amendment

29/04 Supreme Court turns away Elon Musk’s appeal to toss SEC settlement over Tesla tweets

The settlement came after Musk said on social media that he had “funding secured” to take Tesla private — which the SEC in a legal action called false and misleading.

06/04 Terraform founder Do Kwon found liable in SEC’s crypto fraud trial: ‘Built on lies’

Kwon, who was arrested in Montenegro in March 2023, did not attend the trial.

05/04 Amid legal challenges, SEC pauses its climate rule

The U.S. Securities and Exchange Commission on Thursday said it would pause the implementation of its new climate disclosure rule while it defended the regulation in court.

04/04 Trump’s Truth Social media company ‘propped up in 2022 by Russian-American under criminal investigation’

Trump’s Truth Social media company ‘propped up in 2022 by Russian-American under criminal investigation’ - Former president’s TMTG went public last week after being kept afloat by loans received, in part, from trust managed by person of interest to federal prosecutors

29/03 Tupperware warns it could go out of business over liquidity problems

Tupperware Brands warned that the 77-year-old company may not survive for another year.

27/03 Coinbase loses bid to toss SEC suit as feds move to rein in huge crypto exchange

The decision blesses the SEC’s approach to cryptocurrency and agrees with other judges who have sided with the regulator.

25/03 Terraform Labs founder Do Kwon built ‘house of cards,’ SEC lawyer says at crypto fraud trial

Terraform Labs and its founder Do Kwon built a “house of cards” and lied to investors about the stability of a cryptocurrency whose collapse rippled through markets in 2022, a…

07/03 US public companies must report greenhouse gas emissions and climate risks following SEC ruling

US public companies must report greenhouse gas emissions and climate risks following SEC ruling - The new rule is weaker than previous proposed versions, which would have required public companies to also report some indirect emissions

02/03 Legal hurdles mount for Trump's Truth Social deal at 11th hour

Trump Media & Technology Group is slated to hold a final shareholder vote later this month to approve a long-pending merger that would bring the company behind Trump's Truth Social platform public.

29/02 SEC reportedly probing whether OpenAI CEO Sam Altman misled investors

The Securities and Exchange Commission is reportedly investigating internal communications sent by OpenAI chief Sam Altman as part of a probe into whether the tech whiz misled investors. The federa…

29/02 US regulators investigate whether OpenAI investors were misled

Internal communications from CEO Sam Altman reportedly under scrutiny in SEC inquiry

23/02 US man accused of making $1.8m from listening in on wife’s remote work calls

Regulator charges Tyler Loudon with insider trading in case that could fuel arguments about working from home

16/02 Marco Rubio Urges 'Extraordinary' SEC Scrutiny of Fast Fashion Giant Shein

Sen. Marco Rubio (R-FL) sent a letter to SEC chief Gary Gensler on Thursday, warning about a request for an IPO by Chinese company Shein.

10/02 Ralph Norman is down a massive rabbit hole after his latest meme stock conspiracy

I’ll stop at the latest bit of Crazy Town that Ralph Norman is embracing: Conspiracy theories involving a meme stock known as MMTLP.

09/02 Wall Street firms hit with $81M in fines in latest WhatsApp, texting crackdown

A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle SEC charges of record-keeping failures, the regulator said.

08/02 Something Navy influencer Arielle Charnas’ husband facing insider trading DOJ probe

Brandon Charnas, known as the husband of Arielle Charnas, the influencer behind the clothing company Something Navy, is reportedly under a criminal investigation for his alleged involvement in an i…

02/02 Meta warns investors Mark Zuckerberg’s hobbies could kill him in SEC filing

Meta CEO Mark Zuckerberg’s love of “high-risk activities” pose a “risk of serious injury and death,” the company warned investors.

31/01 George Osborne joins Coinbase as crypto firm faces US court fight

Appointment of former UK chancellor comes as regulator sues operator over claims it flouted rules

18/01 Cryptocurrency like Beanie Babies, says Coinbase in US regulator’s lawsuit

The Securities and Exchange Commission has alleged the crypto exchange is flouting rules and selling unregistered securities

16/01 New bitcoin ETFs excite crypto bulls

US regulator’s approval seen as victory for industry despite warnings about ‘myriad risks’

12/01 The US Securities and Exchange Commission approved bitcoin trading for retail investors on Wall Street

This decision will allow investors to acquire exchange-traded funds containing bitcoin in a simple way, similar to purchasing stocks or investment funds, thus avoiding the transaction fees imposed by cryptocurrency exchange platforms.

12/01 Euphoria over Bitcoin ETF as trading volume surges past $4B on just the first day

The ETF launches lifted the price of Bitcoin up to its highest level since December 2021.

11/01 Bitcoin-tracking ETFs: watershed moment or damp squib? | Nils Pratley

The SEC stresses its move does not mean it is endorsing the cryptocurrency, which is near-useless outside of speculation

11/01 SEC Approves First Spot Bitcoin ETFs, Signaling Major Shift in Crypto Regulation

The U.S. Securities and Exchange Commission (SEC) has reportedly approved the first spot bitcoin exchange-traded funds (ETFs).

11/01 The SEC has approved bitcoin ETFs. What are they and what does it mean for investors?

The SEC has given the green light to 11 exchange traded funds for bitcoin, opening the door to cryptocurrencies for many new investors

10/01 SEC approves spot bitcoin ETFs in game-changer for crypto industry

The SEC approved applications, including from BlackRock, Ark Investments and 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its website.

09/01 SEC says X account hacked after announcement approving bitcoin ETFs

The SEC was widely expected on Wednesday to finally approve a batch of ETFs that track the price of bitcoin.

19/12 Businessman who tried to buy Sheffield United accused of ‘elaborate’ fraud

US watchdog sues Dozy Mmobuosi for allegedly faking documents and making up companies out of ‘thin air’

14/12 Morgan Stanley bankers hope new CEO Ted Pick ends fines in brutal texting clampdown

Insiders at Morgan Stanley describe a “witch-hunt” atmosphere since early 2022 when the probe was first announced.

14/12 US judge tentatively rules Musk must testify again in Twitter investigation

Judge says Musk and regulator must agree a date to testify, or she will set a date herself

13/12 Elon Musk is asking Supreme Court to undo Tesla settlement agreement

Elon Musk is asking Supreme Court to undo Tesla settlement agreement - The settlement agreement requires a ‘Twitter sitter’ to approve any tweet Mr Musk published regarding Tesla

07/12 Elon Musk appeals dispute over Tesla ‘funding secured’ tweet to Supreme Court

Musk asked the justices to hear his appeal of a lower court’s decision in May that upheld the decree, which arose from his August 2018 post on Twitter, that he had “funding secured&#822…

06/12 Elon Musk denies that xAI is raising funds ‘right now’ — despite SEC filing

The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Exchange Commission showed.

04/12 Bitcoin climbs above $42K for the first time in 18 months as crypto rally heats up

Bitcoin breached $42,000 on Monday morning — a level the volatile cryptocurrency hasn’t seen since April 2022. Bitcoin peaked at $42,108.59 as of 6:00 a.m. EST on Monday, attributed to …

20/11 Nikola fraudster: a conman or a market innocent?

Electric truck maker founder potentially faces decades in prison over behaviour at listed business

05/11 Was crypto on trial with Sam Bankman-Fried?

Binance and Coinbase are under investigation – but Bitcoin was trading at highest value in a year as FTX founder convicted of fraud

05/11 Opinion | Sam Bankman-Fried and the SEC

The feds can police crypto fraud without new regulatory powers.

02/11 Opinion | Gary Gensler and the SEC Lose Again

The Chairman’s stock-buyback rule takes a drubbing in court.

02/11 Founders of SafeMoon cryptocurrency touted by Dave Portnoy accused of fraud

The founders of a cryptocurrency once touted by Barstool Sports founder Dave Portnoy have been accused of defrauding investors and using their money to buy real estate and a stable of high-end cars…

19/10 New California law will require large corporations to reveal carbon emissions by 2026

SB 253 requires the California Air Resources Board to form transparency rules for companies with yearly revenues exceeding a billion dollars by 2025.

16/10 Elon Musk angry as he falls foul of US regulators again

Anyone who sold Twitter shares in the days prior to his belated disclosure can credibly argue they missed out on profits

15/10 Opinion | What is Gary Gensler Hiding?

The SEC protects a security breach from public view.

05/10 Elon Musk’s Twitter takeover probed by SEC after billionaire refuses to cooperate

Musk raised “several spurious objections” and told the SEC he would not provide testimony.

05/10 SEC chairman Gary Gensler faces heat over allegedly cozy ties to SBF

Several of Gary Gensler’s old cronies worked for FTX and were even responsible for arranging meetings between Gensler and SBF, sources said.

03/10 Ex-Goldman analyst Anthony Viggiano, indicted for insider trading, won ethics prize in college

Viggiano allegedly fed confidential information to close friends which netted them hundreds of thousands of dollars in illicit gain, prosecutors say.

29/09 SEC fines 8 Wall Street firms over $100M in WhatsApp probe

Perella Weinberg, Interactive Brokers, Fifth Third Securities and Nuveen Securities, had agreed to pay a combined $91 million in penalties to the agency.

28/09 Gary Gensler accused of hypocrisy in SEC crusade over use of private messaging apps

In 2013, the Office of the Inspector General raised concerns about Gensler’s “use of personal email to perform official business.” 

27/09 Ken Grifin’s Citadel ready to fight SEC in court over WhatsApp probe: report

The SEC has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall Street’s use of private messaging apps.

25/09 SEC obtains thousands of Wall Street staffers’ WhatsApp messages as probe widens: sources

In the latest phase of the probe of more than a dozen investment advisers, the SEC has in recent months asked for messages on personal devices or applications during the first half of 2021 that dis…

22/09 Container Store’s millionaire CEO cut his salary to make sure staffers get a raise despite shrinking profits

The Container Store swung to a loss in its fiscal first quarter, which ended on July 1. Sales were down over 21% from 2022, to $207.1 million, and store sales also plunged 19.9% from last year&#821…

19/09 Archegos founder Bill Hwang to face SEC fraud charges over $36B firm’s epic collapse

Hwang’s actions caused big losses for Archegos and for banks such as Credit Suisse, now part of UBS, and Nomura Holdings.

17/09 Gary Gensler is making the SEC into a banana republic

So now the case will likely go to court, where a judge will decide whether to allow markets to morph into banana republic status.

31/08 Tesla investigated over funds ‘used to build secret Austin house for Elon Musk’

Reports suggest that plans for ‘Project 42’ was a glass structure that contained a residential element for the carmaker’s chief executive

30/08 Elon Musk’s ‘secret house’ project spurs fed probe of Tesla

Tesla board members had investigated whether company resources were misused on the effort, the Wall Street Journal reported.

29/08 Grayscale wins lawsuit against SEC as court paves way for one-of-a-kind bitcoin ETF

A spot bitcoin ETF would provide investors the opportunity to gain exposure to the digital asset without having to purchase bitcoin via a retail exchange.

25/08 Wells Fargo pays $35M fine for charging excessive advisory fees: SEC

Wells Fargo has reportedly been overcharging nearly 11,000 investment accounts over the past decade. Without admitting to the violation, the bank agreed to pay the SEC $35 million.

17/08 Mike Pence explains Georgia's 2020 election was 'not stolen' after Donald Trump's indictment

Former Vice President Mike Pence explained that "the Georgia election was not stolen" after former President Donald Trump's indictment in the state.

14/08 How The SEC’s Charge That Cryptos Are Securities Could Face An Uphill Battle

The regulator could struggle to show all token profits are derived from the “labor of others” in Coinbase, Binance court cases.

09/08 US regulators fine Wall Street firms $549 million in latest texting probe

US regulators on Tuesday fined nine Wall Street companies, including Wells Fargo, BNP Paribas and Société Générale $549 million over employees’ use of personal messaging apps to discuss deals…

02/08 WWE's McMahon served with subpoena by federal agents

Federal law enforcement agents executed a search warrant and served a federal grand jury subpoena to WWE Executive Chairman Vince McMahon last month, according to a regulatory filing.

26/07 What is Tottenham Hotspur billionaire Joe Lewis accused of?

Joe Lewis has been accused of 16 counts of securities fraud in the US. We examine the allegations through the companies he invested in

26/07 UK billionaire Joe Lewis charged in US with insider trading

Owner of Tottenham Hotspur accused of tipping off associates including employees on his superyacht

21/07 One Equity boss Dick Cashin faces legal battle with fired top deputy

The probe has added to mounting tensions between OEP’s president, Cashin – a 70-year-old buyout baron who spun off the fund from JPMorgan in 2015 — and one of his top deputies, sources told On The …

12/07 Bitcoin Banking: European Banks Are Beating U.S. Banks In The Crypto Custody Race

European banks are currently leading the global race in providing bitcoin custody services, in sharp contrast to the regulatory challenges faced by U.S. banks.

04/07 Trump-tied SPAC reaches agreement with SEC staff over merger

A blank-check firm, which was set to merge with former U.S. President Donald Trump’s media company and under regulatory investigation, has reached an agreement with the staff of the Securitie…

29/06 SEC Suits Say Nearly 70 Cryptos Are Securities But Proving It Will Be Difficult

When the SEC targeted Binance and Coinbase in lawsuits, the fallout cost more than a dozen of cryptos about $5 billion in market value. Some believe stablecoins and DeFi could be next.

23/06 Adani Group faces US scrutiny over alleged stock manipulation, accounting fraud

A scathing report published earlier this year claims “Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.”

22/06 SEC boss Gary Gensler faces ethics scrutiny over Sam Bankman-Fried sitdown

A document recently obtained through the Freedom of Information Act shows that there is no record that Gensler ever requested permission from the SEC’s Office of the Ethics Counsel to meet with SBF…

15/06 Goldman Sachs Under Federal Investigation Over Role In SVB Collapse, Report Says

The probe is the latest into SVB’s collapse, which sent shockwaves through the banking industry as fears of a system-wide contagion emerged.

15/06 Goldman Sachs reportedly probed by Fed, SEC over Silicon Valley Bank collapse

Goldman Sachs is being scrutinized for buying up Silicon Valley Bank’s debt while advising it to raise capital, according to a report.

15/06 Bitcoin Drops To 3-Month Low Following Fed Rate Decision

Bitcoin fell to its lowest point since mid-March after the Fed's latest meeting stoked fears of more aggressive policy—sending several other cryptocurrencies on a downward slope.

13/06 The US is clamping down on cryptocurrency – is the UK next?

Regulators have launched two big lawsuits against Binance and Coinbase, and Rishi Sunak could mine the benefits

07/06 Binance and Coinbase CEOs lose billions over SEC suit

In the wake of back-to-back SEC lawsuits, Binance CEO Changpeng Zhao had $1.4 billion slashed from his fortune, while Coinbase boss Brian Armstrong saw his net worth dip by $361 million.

06/06 SEC crypto crackdown: US regulator sues Binance and Coinbase

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

06/06 Coinbase becomes second crypto firm sued by feds in two days: ‘Wild West’ of investing

The SEC said Coinbase has since at least 2019 made billions of dollars by operating as a middleman on crypto transactions, while evading disclosure requirements meant to protect investors.

06/06 Binance Out $790 Million As Investors Move Assets After SEC Lawsuit, Research Firm Reports

Investors pulled out of the crypto giant at a record pace and its cryptocurrency stock plummeted following a lawsuit alleging regulatory violations.

06/06 SEC accuses Coinbase cryptocurrency exchange of breaking US regulations

Securities and Exchange Commission sues platform for allegedly operating as unregistered broker

06/06 S.E.C. Accuses Coinbase of Breaking Market Rules

The regulator said that the cryptocurrency trading platform allowed users to trade unregistered securities, a day after it accused the crypto platform Binance of mishandling funds.

05/06 SEC Charges Crypto Trading Site Binance with 13 Securities Violations

The U.S. government on Monday charged cryptocurrency trader Binance and its founder, Changpeng Zhao, with a handful of security law violations, saying it established a web of deception with U.S. business practices.

05/06 Cryptocurrency exchange Binance hits back at SEC lawsuit, saying allegations ‘simply wrong’ – live

US watchdog SEC says company mixed billions in customer funds and secretly sent them to separate company controlled by CEO Changpeng Zhao

05/06 Feds sue crypto giant Binance, CEO Changpeng Zhao for ‘operating web of deception’

The SEC’s complaint also alleged that Binance and Zhao secretly control customers’ assets, allowing them to commingle and divert customer funds.

31/05 Harvey Pitt, former SEC chair during Enron and 9/11, dead at 78

Harvey Pitt headed the SEC from 2001 to 2003 and then moved to head business consulting firm Kalorama Partners.

15/05 Elon Musk loses bid to end SEC ‘muzzle’ over Tesla tweets

In the appeal, Musk’s lawyers called the pre-approval mandate a “government-imposed muzzle” that amounted to an illegal prior restraint on his speech.

08/05 SEC whistleblower gets record $279M payout — name, case withheld

The Securities and Exchange Commission has awarded the largest lump sum of money yet — nearly $279 million — to a whistleblower who helped bring enforcement actions. The previous record…

05/05 Feds probing First Republic executives’ trading before government seizure: report

The development comes a day after Sen. Elizabeth Warren accused First Republic executives of “mismanagement.”

29/03 Crypto Crackdown: Here Are All The Major Crypto Firms Facing Charges From Regulators This Year

Major cryptocurrency exchanges like Binance and Coinbase are drawing scrutiny from regulators, and executives of the failed exchange FTX are facing criminal charges, as U.S. officials seek to tame the “Wild West” of crypto.

29/03 Crypto Exchange Beaxy Shuts Down Amid SEC Charges

The SEC also accused Beaxy’s founder of illegally raising money and using company money for personal use—the latest charges in a broader crackdown on cryptocurrency.

21/02 Mormon Church Will Pay Millions In SEC Settlement Over Investment Portfolio Allegedly Saving For ‘Second Coming Of Christ’

A whistleblower said the church had deceived the public and SEC about funds preparing for the second coming of Christ.

14/02 Founder Of Goldman Sachs-Backed Tech Company Slync Is Charged With $67 Million Fraud

Charges brought by the SEC and DOJ come months after Forbes reported that Chris Kirchner misrepresented company finances to the board.

20/01 Musk Calls Short Selling ‘Evil’ In Testimony Defending 2018 Tweet To Take Tesla Private

Short selling is a way for “bad people on Wall Street to steal money from small investors," Musk asserted in his testimony Friday.

09/01 Former McDonald’s boss fined $400,000 over employee relationship

Shareholders were misled by Steve Easterbrook ‘concealing extent’ of his misconduct, says US regulator

04/01 ‘He’s a financial serial killer’: how Bernie Madoff became the monster of Wall Street

New Netflix docuseries details the crimes of the man who crafted a $64bn Ponzi scheme and those who protected him