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May 7, 2024
The company said it received a so-called "Wells notice," which the SEC issues when it is planning to bring enforcement action against them. Such notices do not necessarily mean the company has engaged in wrongdoing.
February 29, 2024
The regulator has been seeking internal records from current and former OpenAI officials and directors, and sent a subpoena to the company in December, the report said, citing people familiar with the matter, adding that it followed OpenAI boards decision in November to fire Altman as CEO and oust him from the board.
February 28, 2024
The agency rewrites the law to invent a new offense: ‘shadow trading.’
February 23, 2024
Tyler Loudon, husband of a BP Plc manager, has been charged with insider trading, faces possible federal prison time and fines. He profited $1.76 million or Rs 14 crore from investing in a truck stop company.
February 13, 2024
The price of the world’s largest cryptocurrency hit an all-time high of $68,789 in November 2021 before crashing to $15,760 in December 2022. It’s now back around $50,000, but why?
February 1, 2024
Nasdaq, CBOE and NYSE Arca, which list the ETFs, in January sought SEC approval to launch the options
January 23, 2024
The U.S. Securities and Exchange Commission (SEC), a Wall Street regulator, revealed that its social media account on the platform X was hacked using the SIM swapping technique. The SEC had removed multi-factor authentication (MFA) six months prior to the attack and reinstated it only after the incident.
January 18, 2024
The recent approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has sent ripples of excitement through the global crypto community.
January 14, 2024
A big block of shares would come up for sale, and block-trading head Pawan Passi would tip off the funds. One even told Passi he had put that investor “in the game” (adding a colorful modifier) and that the investor “would be at the kiddie table” if not for him.
January 12, 2024
Like any investment, Bitcoin ETFs come with their own set of pros and cons. However, one notable advantage is that investors can gain exposure to Bitcoin through regulated entities, alleviating concerns about cryptocurrency storage.