A new rule from Wall Street’s top regulator that requires certain investment funds to disclose more information about their voting practices, including their votes on…
Trade group claims the U.S. SEC case incorrectly classifies cryptocurrency as securities
The U.S. securities regulator filed a lawsuit against former Coinbase (COIN.O) employees accusing them of insider trading. According to the cryptocurrency industry group Chamber of…
83 law firms join Covington in its fight against an SEC subpoena
83 significant American law firms have banded together to support Covington & Burling’s opposition to the US Securities and Exchange Commission’s (SEC) request for information…
Wall Street watchdog shortens the time period for stock trades and suggests new regulations for investment advisers
In an effort to reduce the risk seen in the GameStop scandal of 2021, in which retail investors suffered significant losses, Wall Street’s top regulator…
SEC filings reveal that Goldman Sachs sold a stake in the Russian company Cian
According to Securities and Exchange Commission filings, Goldman Sachs Group Inc. (GS.N) has sold its stake in the Russian real estate database Cian (CIAN.N), without…
U.S. SEC crackdown on Kraken targets cryptocurrency “staking”
Crypto exchange Kraken agreed to shut down its U.S. cryptocurrency staking service and pay $30 million in penalties to settle U.S. Securities and Exchange Commission…
UK lawmakers call plans to reimburse scam victims ‘fundamentally flawed’
Proposals to reimburse hundreds of millions of pounds to scam victims in the United Kingdom are “fundamentally flawed,” lawmakers said in a report released on…
A former Coinbase executive has pleaded guilty to insider trading
Ishan Wahi pleaded guilty to two charges of conspiracy to commit wire fraud. Ishan Wahi, a former Coinbase product manager, pleaded guilty Tuesday to charges…
An activist group claims Shell misled investors on renewable energy
In a complaint submitted to the U.S. Securities and Exchange Commission by activist organization Global Witness, oil giant Shell (SHEL.L) has been charged with deceiving…
U.S. securities regulator gives more than $28 million to whistleblowers
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday that it had given joint tipsters who provided “important information” for one of the agency’s…