Wells Fargo and Bank of America Agree to Pay Combined $60 Million to Settle SEC Probe
In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting or denying any wrongdoing.
SEC Settles Charges Against US Hedge Fund Over Investment Model Vulnerabilities
Two Sigma voluntarily repaid $165 million to impacted funds and accounts during the SEC's investigation and agreed to pay $90 million in civil penalties to settle the SEC's charges, the agency said in a statement.
Why Trump’s New Crypto Era May be Less Wild, and More Profitable, Than Investors Think
The end of the SEC’s regulate-by-enforcement strategy will be an improvement, however it shakes out, Howard Fischer and Liberty McAteer write in a guest commentary.
Robinhood Is Fined $45 Million Over a New Set of Securities Violations
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.
CoinDesk4d
U.S. Judges Demand SEC 'Explain Itself' for Rebuffing Requests for Crypto Rules
In another 11th-hour court loss for Chair Gary Gensler's tenure, judges in a Coinbase case again call the SEC's crypto position "arbitrary and capricious."
The Daily Hodl2d
US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’
A judge just ordered the U.S. Securities and Exchange Commission (SEC) to craft a more thorough response to a petition from Coinbase.
SEC sues Elon Musk for alleged securities violations stemming from his acquisition of Twitter
SEC Says Elon Musk Cheated Twitter Shareholders
US Securities and Exchange Commission sues Elon Musk for not disclosing early Twitter stock purchase
Former WWE CEO Vince McMahon, Securities and Exchange Commission reach settlement after lengthy probe
The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which requires he pay a civil penalty and reimburse the WWE $1.33 million following a yearslong probe over administrative charges.
UPI3d
SEC sues Elon Musk for alleged failure to file timely disclosure of Twitter share purchases
Jan. 14 (UPI) --The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of Twitter shares before buying the company, currently known ...
Crypto litigation brought against the SEC and the implications of a new administration
Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits against the Securities and Exchange Commission concerning the purchase and sale of crypto assets and a potential shift in enforcement activity with a change in administration.
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Cleveland-Cliffs Amends SEC Filing for Compliance
Cleveland-Cliffs Inc. operates in the mining and manufacturing industry, primarily focusing on producing iron ore pellets and steel products. The comp
SEC charges La Jolla’s LPL Financial with anti-money laundering violations
LPL Financial, a La Jolla-based investment and wealth management services firm, will pay $18 million to settle charges by the Securities and Exchange Commission for violations of anti-money laundering policies.