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.…
In the case of Volkswagen’s emissions fraud, the SEC is requesting penalties
The U.S. Securities and Exchange Commission filed a motion for sanctions against Volkswagen AG on Friday, claiming that the German automaker disobeyed a court order…
Evoqua Water will pay $8.5 million to resolve charges of U.S. SEC accounting fraud
The U.S. Securities and Exchange Commission (SEC) has charged Evoqua Water Technologies Corp (AQUA.N) with using improper accounting to falsely inflate revenue in 2017 and…
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…
Abraaj founder loses appeal against extradition to the US on fraud-related charges
The founder of the defunct private equity firm Abraaj group failed in his attempt to stop his extradition from London to the US to face…
In order to end a U.S. SEC investigation, Rio Tinto will pay $15 million
Rio Tinto (RIO.AX) announced on Tuesday that it had consented to pay a $15 million civil penalty to resolve an SEC investigation into an alleged…
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…