Page 2 - Securities And Exchange Commission

Under shareholder pressure, Twitter begins deal talks with Elon Musk

The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said

DiDi Global plans shareholder meeting in May to vote on US delisting

The Chinese government was angered by DiDi's US listing in mid-2021, and days later launched a cybersecurity probe into the firm and forced its services off domestic app stores

BitConnect's indicted founder Satish Kumbhani has disappeared, says SEC

BitConnect used money from new investors to pay earlier ones, the U.S. said.

Not targeting Tesla CEO Elon Musk with endless probes, says US SEC

This month, Tesla disclosed in a regulatory filing that on Nov 16 the agency sought information about the company's governance processes and compliance with the settlements

Elon Musk, Tesla attack SEC for 'endless' and 'unrelenting' harassment

The accusation came in a letter to US District Judge Alison Nathan in Manhattan, who presided over a 2018 SEC settlement stemming from Musk's tweet about a potential buyout of Tesla

Regulators are probing block trading on Wall Street, but what is a block?

The New York Stock Exchange defines a block as at least 10,000 shares or a quantity of stock having a market value of $200,000 or more, whichever is less

Better.com CEO's infamous firings in US added 1,000 employees in India

Factors including the workforce reduction and negative media coverage 'detrimentally affected Better's productivity and financial results,' the company said

WarnerMedia, Discovery get US nod to create new streaming giant

The $43 bn Discovery, WarnerMedia deal to create the next big content streaming giant has cleared an antitrust review from the US government agencies

SEC probes Tesla over whistleblower claims on solar panel defects

The probe raises regulatory pressure on the world's most valuable automaker, which already faces a federal safety probe into accidents involving its driver assistant systems

Musk sells more shares than he needs to pay current tax bill

As of early Wednesday, Musk had sold roughly 8.2 mn shares in the electric car and solar panel maker in the past nine days, worth a total of just over $8.8 bn

Elon Musk asks Twitter followers whether he should sell 10% of Tesla stock

Musk tweeted that he will abide by the results of the poll, whichever way it goes

Bitcoin crashes as El Salvador rollout falters: Check details here

SEC issued Coinbase with a Wells notice, indicating the US regulator will sue if the crypto exchange goes ahead with the launch of its interest-bearing "Lend" product for crypto assets

Cognizant inks $95 mn deal with US shareholders over India bribery charges

In February 2019, Cognizant agreed to pay $25 million to settle a related U.S. Securities and Exchange Commission civil probe

SEC threatens to sue Coinbase Global over crypto lending programme

The SEC has threatened to sue Coinbase Global Inc if the crypto exchange goes ahead with plans to launch a programme allowing users to earn interest by lending crypto assets, Coinbase said

SEC chief Gary Gensler warns 'clock is ticking' on delisting Chinese stocks

Securities and Exchange Commission Chair Gary Gensler has a warning for hundreds of Chinese companies that have raised billions of dollars in US markets

DRL seeks a booster from Sputnik V but hurdles in scaling up remain

Even as the company investigates complaints of malpractice in the Ukraine, hurdles in scaling up the Russian vaccine remain the bigger challenge in the near term

SEC brings its first DeFi case over unregistered digital token sales

The SEC sued Cayman Islands-based Blockchain Credit Partners and two of its top executives for illicitly offering securities through its DeFi Money Market platform from February 2020 to February 2021

Bill Ackman abandons Universal Music SPAC deal after SEC backlash

The original deal would have valued the home of Taylor Swift, Drake and Billie Eilish at 35 billion euros ($41.3 billion) including debt.

Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing

Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10

SEC chairman proposes review of rules underpinning stock trading

Trading rules have come under scrutiny amid wild swings for GameStop Corp., AMC Entertainment Holdings and other companies