CoinDesk1d
It's Official: Gary Gensler Is Out at the SEC, and Crypto-Friendly Mark Uyeda Is In
President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
Wells Fargo and Bank of America Agree to Pay Combined $60 Million to Settle SEC Probe
In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting or denying any wrongdoing.
The Daily Hodl3d
$63,100,000 Penalty Hits 12 Financial Giants, Including Charles Schwab and Santander, As SEC Issues Major Enforcement Action
The U.S. Securities and Exchange Commission (SEC) is set to collect $63.1 million in fines from nine investment advisers and three broker-dealers over the use of unapproved communication methods.
Securities and Exchange Commission sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
The has SEC said that starting in April 2022, it authorized an investigation into whether any securities laws were broken in connection with Musk’s purchases of Twitter stock and his statements and SEC filings related to the company.
JD Supra1d
U.S. Court of Appeals for the Fifth Circuit Vacates SEC’s Approval of Nasdaq’s Board Diversity Rules
On December 11, 2024, the U.S. Court of Appeals for the Fifth Circuit (“Fifth Circuit”) vacated the U.S. Securities and Exchange Commission’s
Former WWE CEO Vince McMahon, Securities and Exchange Commission reach settlement after lengthy probe
The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which requires he pay a civil penalty and reimburse the WWE $1.33 million following a yearslong probe over administrative charges.
ABC News8d
Court tells SEC to lay out why it has declined Coinbase's request for crypto regulations
HARRSIBURG, Pa. -- A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the ...
Businessman Elon Musk sued by the Securities and Exchange Commission by his purchase of Twitter
Katie Barlow discusses the Securities and Exchange Commission recently suing Elon Musk over his purchase of social media app, Twitter.
HeartSciences grants stock options to executives and directors
HeartSciences Inc. (NASDAQ:HSCS), a medical technology company with a market capitalization of $3.4 million, has disclosed the issuance of stock options to its executive officers and non-employee directors through an 8-K filing with the U.
Robinhood Is Fined $45 Million Over a New Set of Securities Violations
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.
SEC sues Elon Musk for alleged securities violations stemming from his acquisition of Twitter
The Securities and Exchange Commission, which is responsible for enforcing laws against market manipulation, says the SpaceX and Tesla CEO ignored the deadline.
Crypto litigation brought against the SEC and the implications of a new administration
Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits against the Securities and Exchange Commission concerning the purchase and sale of crypto assets and a potential shift in enforcement activity with a change in administration.