The Securities and Exchange Commission on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud, accusing them of improperly booking sales and overstating revenue Read more
Tag: SEC
Inaugural Honeywell survey reveals strong corporate efforts to cut energy waste
Companies are setting aside more budget for energy and environmental sustainability as investors, consumers and boards will only increase their expectations for these efforts. That’s just one of the findings Read more
SEC accuses ex-CEO of NewAge, which shot to pot-stock fame, of ‘multi-year fraud’
The Securities and Exchange Commission has filed charges against former NewAge Inc. Chief Executive Brent David Willis, accusing him of a “multi-year fraud” that included misleading public statements meant to Read more
Jon Stewart, Gary Gensler spar on SEC oversight: ‘It’s not a level playing field’
Jon Stewart, comedian and former host of “The Daily Show,” released an podcast interview he conducted with U.S. Securities and Exchange Commission chair Gary Gensler on Wednesday, where the two Read more
Sam Bankman-Fried says FTX could move headquarters to U.S. after SEC registration
Sam Bankman-Fried, chief executive at Bahamas-based cryptocurrency exchange FTX said its possible his company could move its corporate headquarters to the U.S. under the right regulatory circumstances, in an interview Read more
Why Bored Ape creators Yuga Labs is being investigated by the SEC
Yuga Labs, founder of the Bored Ape Yacht Club NFT collection, is being probed by the U.S. Securities and Exchange Commission as to whether the nonfungible tokens are considered unregistered Read more
SEC to reopen comment periods for several rules after tech glitch
The Securities and Exchange Commission announced Friday that it reopened the public comment period for 11 rulemaking releases after a “technological error” that resulted in some comments getting lost. The Read more
Elon Musk’s legal battle with Twitter may be over, but his war with the SEC continues
Elon Musk has agreed to end his legal standoff with Twitter Inc., but that doesn’t mean his lawyers will take it easy. The Tesla Inc. TSLA, +2.90% chief executive’s decision Read more
SEC fines Kim Kardashian $1.26 million over Instagram post touting crypto — and yet over one-third of people rate online-investing sources as ‘extremely important’
Kardashian is no stranger to the spotlight, but this case puts a hard glare on emerging challenges related to “finfluencers” — and, more broadly, it’s a timely reminder that there’s Read more
Deloitte China to pay $20 million SEC penalty for audit failures ‘at the most basic level’
The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to select Read more