CoinDesk1d
It's Official: Gary Gensler Is Out at the SEC, and Crypto-Friendly Mark Uyeda Is In
President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
The Daily Hodl3d
$63,100,000 Penalty Hits 12 Financial Giants, Including Charles Schwab and Santander, As SEC Issues Major Enforcement Action
The U.S. Securities and Exchange Commission (SEC) is set to collect $63.1 million in fines from nine investment advisers and three broker-dealers over the use of unapproved communication methods.
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.
Securities and Exchange Commission sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
The has SEC said that starting in April 2022, it authorized an investigation into whether any securities laws were broken in connection with Musk’s purchases of Twitter stock and his statements and SEC filings related to the company.
Securities Law and Practice Need Reorienting Around Materiality
Cleary Gottlieb’s Adam Fleisher explains why the securities law framework needs simplification with a new approach to company registration.
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.
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.
JD Supra1d
U.S. Court of Appeals for the Fifth Circuit Vacates SEC’s Approval of Nasdaq’s Board Diversity Rules
On December 11, 2024, the U.S. Court of Appeals for the Fifth Circuit (“Fifth Circuit”) vacated the U.S. Securities and Exchange Commission’s
ABC News8d
Court tells SEC to lay out why it has declined Coinbase's request for crypto regulations
HARRSIBURG, Pa. -- A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the ...
Hindenburg Research says not under investigation by US Securities and Exchange Commission
Hindenburg is not under investigation by the SEC, to our knowledge, and any suggestion to the contrary is false, the firm said after a Canadian portal cited documents filed before a court in Ontario t
SEC sues Elon Musk for alleged securities violations stemming from his acquisition of Twitter
The Securities and Exchange Commission, which is responsible for enforcing laws against market manipulation, says the SpaceX and Tesla CEO ignored the deadline.
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.