Page 3 - He Sec News Today

(Bloomberg) -- Publicly traded companies need to avoid “AI washing” when talking to investors about their use of the technology, according to the head of the US Securities and Exchange Commission. Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillS&P 500 Set for Worst CPI Day Since September 2022: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options Mar...

(Reuters) -A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission's probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview. U.S. Magistrate Judge Laurel Beeler's order, issued on Saturday night, formalized a tentative ruling she made in December that sided with the regulator. The SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify as par...

(Bloomberg) -- A new Securities and Exchange Commission market-tracking database is a “massive, unprecedented government surveillance system” that could cost the financial services industry billions of dollars and compromise investors’ privacy, Citadel Securities told a US appeals court.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeChina’s Property Crisis Is Starting to Ripple Across the WorldA 99% Bond Wipeout Hands He...

Ether price jumps after Ark/21 Shares proposal adds language about crypto staking.

(Bloomberg) -- Hedge funds and proprietary trading firms that regularly trade US Treasuries are set to be labeled as dealers by the Securities and Exchange Commission — a tag that brings greater compliance costs and scrutiny.Most Read from BloombergXi to Discuss China Stocks With Regulators as Rescue Bets BuildKing Charles Treated for Cancer in New Royal Health ScareTrump Denied Immunity in DC Election Case by Appeals CourtWall Street Snubs China for India in a Historic Markets ShiftWhy N...

Three different catalysts could send XRP soaring. But just how likely are they?

(Bloomberg) -- The founder of an online crypto trading course called the American Bitcoin Academy scammed students out of more than $1 million by persuading them to invest in a fake hedge fund, the Securities and Exchange Commission claimed Friday.Most Read from BloombergMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoThe Most Popular Man in Ukraine ...

Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy. The deal will help Genesis avoid the costs and risks of defending itself from an SEC lawsuit that had accused the company of illegally selling securities. The settlement will allow Genesis to focus on repaying customers and other creditors, accor

The Securities and Exchange Commission (SEC) of Thailand is transitioning towards more crypto-friendly regulations with the publication of an updated framework earlier this month.

JBS wants to join the New York Stock Exchange. The move could lead to rapid deforestation, critics say.