Prosecutors accuse the trader of passing stolen confidential information to an associate to make millions in illegal profit The Justice Department accused a Teachers Insurance…
Photos show disgraced FTX founder Sam Bankman-Fried handcuffed on his way to jail in the Bahamas
The Bahamas’ prime minister, Philip Davis, once cited FTX’s debut as proof of the expertise of Bahamian securities regulators in ensuring “good actors, as opposed…
Authorities in the U.S. have charged 8 social media influencers in a securities fraud scam
US authorities announced on Wednesday that they had charged eight people in a securities fraud scheme, alleging that they made $114 million by manipulating stocks…
U.S. Supreme Court considers the Justice Department’s ability to dismiss whistleblower claims
The United States Supreme Court debated whether and how the Justice Department can dismiss cases launched on the government’s behalf by whistleblowers over their objections…
Santander fined $132 million by the UK authorities for anti-money laundering safeguards
Santander was fined 107.7 million pounds ($132 million) by the Financial Conduct Authority for “serious and persistent” deficiencies in the Spanish bank’s anti-money laundering systems…
Bankman-Fried and Ellison hire counsel as FTX investigations heat up
According to a spokesperson for Bankman-Fried and a source familiar with Ellison’s selection, FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head…
A French watchdog compels Amazon to pay fines totaling $3.5 million
The U.S. online retailer Amazon.com (AMZN.O) has been fined 3.3 million euros ($3.5 million) by a French watchdog for failing to amend clauses in contracts…
AT&T will settle a complaint with the SEC for $6 million regarding analyst leaks
The Securities and Exchange Commission filed a court document accusing AT&T Inc. (T.N) of selectively disclosing financial information to Wall Street analysts and demanding a…
The SEC accuses Goldman Sachs Asset Management of violating its regulations for ESG investing
The U.S. Securities and Exchange Commission penalized Goldman Sachs Asset Management $4 million on Tuesday after accusing it of breaking rules for investments in the…
Founder of Iconix found guilty of securities fraud at second trial
A little over a year after a different jury was unable to reach a verdict in his initial trial, a Manhattan jury on Monday found…