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…
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…
Market maker Virtu brings a record-request lawsuit against the U.S. SEC
In an uncommon move, Virtu filed a lawsuit against the U.S. Securities and Exchange Commission on Tuesday, claiming that its chief regulator had failed to reply to a request for public documents. Virtu, a market maker with a sizable equity business, claimed it filed a Freedom of Information Act (FOIA) request in June to ascertain whether the SEC had complied with legal requirements to assess potential investor harm and market risks while taking new rules for the handling and execution of retail stock orders into consideration. “What we’re doing is exercising our rights as citizens … to understand what this Chair is looking at and who he’s meeting…
To resolve the Arizona diesel ad complaint, Mercedes-Benz will pay $5.5 million
In order to end a legal dispute involving promises made in diesel advertising, the German manufacturer Mercedes Benz and auto supplier Robert Bosch LLC have…
SEC, DOJ Examining FTX Crypto Platform
The probe focuses on potential securities-law violations by U.S. affiliate Following its abrupt collapse this week, the Securities and Exchange Commission and Justice Department are…
The SEC’s communication investigation’s latest targets include major private equity firms
A sweeping regulatory investigation into how financial organizations track employees’ digital communications has been expanded to include American private equity behemoths KKR & Co Inc,…
U.S. securities officials successfully prosecuted cryptocurrency business LBRY
A U.S. judge found on Monday that the firm sold its digital assets as securities, which gave the U.S. Securities and Exchange Commission the upper…
SolarWinds may face legal action from the U.S. SEC for its cyber disclosures
The software company SolarWinds Corp announced on Thursday that the U.S. Securities and Exchange Commission had recommended enforcement action against it for its public comments…
U.S. SEC accuses cannabis company Cronos and a former executive of accounting fraud
The Canadian cannabis business Cronos Group Inc. and its former chief commercial officer have been accused of accounting fraud, the U.S. Securities and Exchange Commission…