Securities And Exchange Commission

The Justice Department and the Securities and Exchange Commission have launched investigations into the collapse of Silicon Valley Bank, a person familiar with the matter told The Associated Press. The investigations - which are separate inquiries - are in the early stages and will also examine the actions of the bank's senior executives, the person said. The Justice Department's investigation involves federal prosecutors in California, along with prosecutors involved in fraud cases, the person said. The person was not authorized to publicly discuss the specific details of the ongoing investigations and spoke to the AP on condition of anonymity.

The judge handling the SEC case has refused to let Musk out of the deal, prompting the Tesla CEO to appeal to the 2nd US Circuit Court of Appeals

Growing pressure on global regulators to shorten settlement cycle, say experts

That tweak in the code got the attention of the US Securities and Exchange Commission (SEC), and charged Bankman-Fried with fraud

It's unclear exactly who's making the transactions, but you wouldn't expect to see these on-chain trades at this time: Alex Svanevik, chief executive officer at Nansen

The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd

Survey respondents also displayed a very broad church of opinions on crypto, emblematic of how despite the sector's relative infamy among traders, it's still a divisive topic

Most applications have either been withdrawn or stand rejected

Professional investors think the asset managers looking after their ESG allocations need more regulations to rein them in.

Kim Kardashian has agreed to settle charges brought by the Securities and Exchange Commission and pay USD 1.26 million for promoting a cryptocurrency on social media without disclosing the payment she received for the plug. The SEC said on Monday that the reality TV star and entrepreneur has agreed to cooperate with its ongoing investigation. The SEC said Kardashian failed to disclose that she was paid USD 250,000 to publish a post on her Instagram account about EMAX tokens, a crypto asset security being offered by EthereumMax. Kardashian's post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase EMAX tokens. The federal securities laws are clear that any celebrity or other individual who promotes a crypto asset security must disclose the nature, source, and amount of compensation they received in exchange for the promotion, Gurbir Grewal, director of the SEC's division of enforcement, said in a prepared statement. Kardashia

Is Oracle Corporation in trouble in India?

Oracle is accused of bribing govt officials in India, Turkey and UAE to grab business contracts. While multinationals are held accountable such violations in the US, does the same happen in India?

Amfi shall take necessary action i.e. blocking of such MF distributors for a period of six months: Sebi

The settlement, announced by the SEC on Thursday, concludes a probe into whether Boeing withheld key information from shareholders about a flawed software system linked to the 2018 and 2019 crashes

Rick Scott, a Republican, and Chris Van Hollen, a Democrat, said they'd introduced legislation to crack down on so-called variable interest entities that Chinese businesses commonly use for listings

Publicly traded firms will have to disclose additional details about how senior managers are paid, including performance incentives, the SEC said

U.S. securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform. The Securities and Exchange Commission in June asked the company about the methodology for calculating the false or spam accounts and "the underlying judgments and assumptions used by management. The agency's Division of Corporation Finance made the request in a June 15 letter, shortly before Tesla CEO Elon Musk raised the issue as grounds to back out of a deal to buy Twitter for $44 billion. Such questions can be routine, and it wasn't clear whether the SEC has opened a formal investigation into Twitter's fake accounts. Messages were left Wednesday seeking comment from the agency and Twitter. The law firm Wilson Sonsini of Palo Alto, California, replied in a June 22 letter saying the company believes it adequately disclosed the methodology in its annual report filed for 2021. The letter says that Twitter makes its estimates of false accounts with an internal re

For Coinbase investors, the news is a much-needed signal that its status as a giant in the crypto sector remains rock solid

SEC slams 'egregious' allocations of customer money that extracted 'hidden costs'

The stand-off, if not resolved, could see Chinese companies kicked off New York bourses

The SEC on Wednesday expanded the list, consisting of US-listed Chinese entities, on a provisional lineup under a 2020 law known as The Holding Foreign Companies Accountable Act.