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Blockchain payments firm Ripple has not experienced any fallout in its Asia Pacific business after being sued by the U.S. Securities and Exchange Commission (SEC), the company's chief executive officer said on Friday. In late December, the SEC charged Ripple, which is associated with cryptocurrency XRP, with conducting a $1.3 billion unregistered securities offering. After that, the top U.S. cryptocurrency exchange Coinbase shut down trading in XRP, which is the world's seventh-largest cryptocurrency by market value.

The U.S. Securities and Exchange Commission suspended trading in 15 companies on Friday, citing questionable trading and social media activity. What Happened: In a statement, the SEC said that the suspension is part of the agency's ongoing effort to prevent attempts to exploit investors amid market volatility spinning around the so-called meme stocks such as GameStop Corp (NYSE: GME). "Today's action follows the recent suspensions of the securities of numerous other issuers, many of which may also have been targets of apparent social media attempts to artificially inflate their ...

The conference tournaments are beginning to take shape.

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 agency's staff will review the extent to which public companies address topics related to climate change matters and assess companies' compliance with their disclosure requirements, Acting Chair Allison Herren Lee said in a statement. The SEC will use the review to update guidance on climate change matters from 2010, taking into account ...

(Bloomberg) -- On Jan. 28, the day after GameStop Corp. mania hit its crescendo on the back of a short squeeze for the record books, about $359 million worth of shares were caught in limbo.More than 1 million shares were deemed failed-to-deliver that day due either to buyers lacking cash to complete purchases or sellers not having the shares to settle trades, according to U.S. Securities and Exchange Commission data.The SEC report, which covers trading from Jan. 15 through the end of the month, is just one more indication of the dislocation in the market for the video game retailer’s sh...