Page 9 - He Sec News Today

The Supreme Court is hearing arguments in a challenge to the Securities and Exchange Commission's ability to fight fraud, part of a broad attack on regulatory agencies led by conservative and business interests. The case before the justices Wednesday involves the Biden administration's appeal of a lower-court ruling that threw out stiff financial penalties imposed on hedge fund manager George R. Jarkesy by the SEC. The high court's decision could have far-reaching effects on the...

The history is bogus. The arguments are baseless. Six justices are still gunning for the SEC.

The appeal from George Jarkesy has the potential to spill over and weaken the government's ability to enforce workplace and environmental regulations.

Why did the SEC suddenly dismiss dozens of cases?

Four U.S. lawmakers have asked the Securities and Exchange Commission to investigate whether Elon Musk committed securities fraud by allegedly misleading investors about the safety of a brain implant being developed by the billionaire’s firm Neuralink, according to a letter to the regulator. The request for an inquiry came from Democratic House Reps. Earl Blumenauer of Oregon, Jim McGovern of Massachusetts, and Barbara Lee and Tony Cardenas of California, according to the letter sent to ...

Saul Young/News Sentinel / USA TODAY NETWORK)

(Bloomberg) -- The US Securities and Exchange Commission accused crypto exchange Kraken of securities-law violations, less than a year after unveiling a $30 million settlement with the firm over other alleged conduct.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama...

The Securities and Exchange Commission (SEC) sued Kraken on Monday evening, accusing one of the world’s largest cryptocurrency exchanges of illegally operating as a securities exchange without first registering with the regulator. “We allege that Kraken made a business decision to reap hundreds of millions of dollars from investors rather than coming into compliance with…

Bitcoin enthusiasts eagerly awaiting the green light for a Bitcoin exchange-traded fund (ETF) will need to be patient.

The U.S. Securities and Exchange Commission (SEC) has communicated a postponement in its decision-making process for the Grayscale Ethereum futures exchange-traded fund (ETF).