Page 36 - Exchanges Commission News Today

Bernie Madoff, an American investment advisor and convicted Ponzi scheme fraudster, is dead.

The Securities and Exchanges Commission (SEC) has been vocal about making changes to the SPAC industry. The latest change from the SEC could center around ...

The risks posed by large family offices came under the spotlight after the multibillion-dollar Archegos Capital Management was last week forced to unwind more than $20 billion in trades. The move led to a severe sell-off in certain stocks including U.S. media giants ViacomCBS and Discovery, rattling the broader market. Shares of several big banks said to be involved in the trades also saw their own stocks tank. "This could ... spread out into a much bigger problem because these family offices I...

Uber gives UK drivers minimum wage, holidays 1.21pm Normal text size Advertisement Uber will give its drivers in the United Kingdom the minimum wage, pensions and holiday pay following a recent court decision, which Labor and the transport union present as evidence the Morrison government could mandate the same rights in Australia, cost-free to users. The ride-hailing giant made the announcement on Tuesday after it lost an appeal last month at the UK Supreme Court following a years-long court b...

Is the net closing in on Bitcoin? Global regulators ramp up the rhetoric on cryptocurrency regulation How would new rules impact crypto investors? Regulators such as the FCA and the US SEC have been tightening rules on investing in cryptocurrencies Stephen Elam and Shelley Drenth 04 March 2021 There has been a flurry of political and regulatory engagement with cryptoassets in recent weeks. On 13 January, the European Central Bank President Christine Lagarde labelled Bitcoin as a "highly specula...

The Registrar General, Jemima Oware, has disclosed that she is waiting for more winding down orders from the court assigned to handling the liquidation cases for fund management, before making more payment to customers whose funds have been locked-up in the various defunct fund management companies.

The acting chair of the U.S. Securities and Exchange Commission (SEC) on Wednesday said the market regulator will review public companies' climate risk disclosures and begin to modernize climate guidance that is now more than a decade old.

The designated licensed financial institutions include all banks, finance houses and all other CBN licensed agencies operating customer accounts, while the implicated cryptocurrencies include Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Etherum, Perfectmoney as well as the NairaEx, the trending exchange where the Naira is traded for the cryptocurrencies. The recent circular itself referred to an earlier one on the same subject dated January 12, 2017. Expectedly, the latest action by the apex b...

Ahead of IPO, Rakesh Jhunjhunwala-backed Nazara Tech raises Rs 100 crore in funding The gaming platform has invested Rs 300 crore in the last five years in the Indian gaming ecosystem. February 11, 2021 / 07:45 AM IST Gaming firm Nazara Technologies, which is backed by ace investor Rakesh Jhunjhunwala, has raised Rs 100 crore in funding from Instant Growth Ltd (IGL). The fund was raised just weeks after it filed its preliminary papers with markets regulator Securities and Exchanges Commiss...

Tesla buys $1.5 billion worth of Bitcoin, says it plans to accept the cryptocurrency as payment The company also said it will now be open to customers paying in bitcoin for purchases of their products. February 09, 2021 / 10:25 AM IST Automaker Tesla bought $1.5 billion worth of Bitcoin, according to a filing with the Securities and Exchanges Commission (SEC). The carmaker said it would also start accepting Bitcoin as a payment method for its products in a bit to bring more flexibility to...