U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Read more
Tag: Securities and Exchange Commission (USA)
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% Read more
SEC votes to propose major overhaul of U.S. stock-trading rules
The Securities and Exchange Commission on Wednesday voted to propose a package of rule changes, including measures that could affect, but not block, the controversial practice known as payment for Read more
Alameda appeared to have shorted Tether, as the stablecoin briefly fell off peg
Alameda Research, a crypto trading firm affiliated with embattled crypto exchange FTX, appears to have shorted the dollar-pegged stablecoin Tether (USDT) on Thursday, according to blockchain data. However, FTX’s chief Read more
‘Bedazzled by money’: Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse
Sam Bankman-Fried’s fall from grace has dealt an unprecedented blow to the crypto industry’s reputation — and some of this infamy may rub off on politicians who took his money, Read more
SEC, Justice Department investigating beleaguered crypto platform FTX
The Securities and Exchange Commission and Justice Department are investigating cryptocurrency platform FTX following its sudden implosion this week, a person familiar with the matter said. Staff at the two law-enforcement Read more
Elon Musk sells Tesla stock worth nearly $4 billion following Twitter purchase
Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Read more
LBRY loss against SEC threatens to make ether a security, crypto boosters fear
A federal judge ruled Monday that video-hosting platform LBRY Inc. illegally sold its native token to U.S. investors, in a win for the Securities and Exchange Commission that could pave Read more
Sen. Pat Toomey accuses ESG ratings firms of ‘stonewalling’ Republican investigation
Companies that rate publicly traded stocks based on environmental, social and governance scores will come under heightened scrutiny if Republicans are able to take over Congress in the upcoming elections. Read more
SEC to make it easier to know how your funds vote
Regulators were prepared Wednesday to adopt a new rule that would change the way fund managers report how they vote on potentially controversial proxy questions ranging from executive pay to Read more