The Securities and Exchange Commission (SEC) has taken action against a group of high-profile celebrities for their alleged involvement in promoting cryptocurrencies without disclosing compensation.…
US prosecutors are looking into the Silicon Valley Bank’s demise
According to a source familiar with the situation, U.S. prosecutors are looking into the sudden demise of Silicon Valley Bank as regulators try to contain…
Suing a Wall Street regulator over a new proxy rule in Utah and other states
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…
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…
The SEC of the United States has awarded $5 million to a tipper
The top U.S. market regulator announced a $5 million award to a whistleblower whose tip-off resulted in a successful enforcement action on Friday. The whistleblower…