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…
SEC sues Covington law firm seeking the names of 300 clients who were hacked
According to court records, the Securities and Exchange Commission has sued law firm Covington & Burling for information on roughly 300 clients whose information was…
The SEC has charged McDonald’s former CEO
The Securities and Exchange Commission accused Stephen J. Easterbrook, former CEO of McDonald’s Corporation, today of making false and misleading statements to investors regarding the…
Binance is opposed by the SEC in purchase of Voyager Digital by the United States
The Securities and Exchange Commission (SEC) of the United States has protested the proposed $1 billion acquisition of bankrupt crypto lender Voyager Digital by the…
Finance in the United States is facing an ESG backlash, with more to come in 2023
In 2022, a movement led by Republican U.S. legislators to confront financial firms and activists over their work on climate change and social inequality faced…
TIAA trader charged with Securities Fraud for alleged Insider Trading Scheme
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…