Securities and Exchange Commission
Elon Musk goes on trial, accused of defrauding Tesla investors
Musk could take the stand in a San Francisco court as early as Wednesday over a 2018 tweet in which he floated the possibility of taking Tesla private.
Kim Kardashian Crypto Case Is Giving Kendall Jenner Fyre Festival Vibes
The SEC announced a $1.26 million settlement with Kardashian on Monday over her promotion of EthereumMax. Her little sister ran into similar trouble in 2020.
New Jersey Deli Owners Accused of Inflating Shop's Value to $100M: SEC
The three men also face criminal charges from the U.S. Attorney's Office in New Jersey for "conspiracy to commit securities fraud" and "securities fraud."
Twitter Stock Slides as Elon Musk Seeks to Kill $44B Deal Over Spam Bots
Twitter has vowed to "pursue legal action to enforce the merger agreement."
Elon Musk Wants Twitter Board to Hear His Views, Despite Not Joining Group
The news came after Twitter's CEO said Musk had decided he would not be joining Twitter's board.
Russian Tied to $82M Hacking Scheme in U.S. Deemed Flight Risk, Denied Bail
Vladislav Klyushin allegedly took part in a scheme to steal information on computer networks to use for insider trading, illegally profiting, authorities say.
Loophole Allowing for Insider Trading in the Crosshairs After SEC Proposal
Under the new proposal, executives will have to disclose their predetermined trading plans and any modifications made to them.
Donald Trump's New Media Company Now Under SEC Scrutiny Over Stock Trading
Trump met with DWAC Executive Patrick Orlando before the company started raising funds for their merger, which could be in violation of SEC rules.
Congress Needs To Provide Guardrails for the Cryptocurrency Revolution
Massive, economic paradigm-shifting industries require the most rudimentary of guidelines to best channel their comprehensive societal value-add.
SEC to Investigate Digital Communication Lines of Wall Street Bankers
With many employees working remotely since the onset of the pandemic, enforcement of bans on the usage of personal emails, texts, and social media channels has become inhibited.
Nikola Founder Trevor Milton Charged With Securities Fraud
Despite knowing the prototype of the Nikola One was inoperable, Milton said the semi-truck was "fully-functioning."
Mark Cuban Rips SEC for 'Zero Understanding' of Cryptocurrency
"One certainty is crypto will continue to positively impact business more than the SEC," the billionaire entrepreneur tweeted.
Mark Cuban on Why You Should Still Hold Onto Your GameStop Stock
In an AMA on r/WallStreetBets, the billionaire touched on a bunch of points to the aspiring traders.
Deutsche Bank to Pay $130 Million Over Bribery and Fraud Charges
Deutsche Bank will pay the Department of Justice and the Securities and Exchange Commission the fine for taking part in "a criminal scheme to conceal payments to so-called consultants worldwide who served as conduits for bribes to foreign officials."
Companies Increasingly Warning of Mass Shootings as Risk to Investors
Many service-oriented companies have taken notice of the uptick in mass shootings, and they're making sure investors are aware.
Bitcoin Passes $7,000—But Jordan Belfort Warns of Scams
"I would say 95 percent of people in bitcoin are legit, but it's the 5 percent that kills you every time," Belfort said.
Bitcoin Price: What Caused the Cryptocurrency Crash?
The value of the world's most popular cryptocurrency has plunged.
Jared Kushner Company Investors Subpoenaed, Report Says
Kushner Companies "is not under investigation for any tax issues," its attorney stated.
Kushner Real Estate Company Investigated By SEC
Kushner Cos. has been subject to federal inquiry multiple times in recent months
Sports Radio Host Scammed Investors of $3.6M, Feds Say
A federal complaint accuses WFAN New York's Craig Carton of using investments to pay off gambling debts and other investors.
Senate Grills SEC Pick Clayton on Conflicts of Interest
Clayton said his Wall Street legal experience is a "strength," adding he did not think conflicts of interest would present problems in leading the U.S. Securities and Exchange Commission.
Theranos Under Investigation By the SEC, U.S. Attorney
The federal government is asking the biotech unicorn company for documents following regulatory probes from California.
Martin Shkreli Out as Turing CEO After Arrest
Shkreli faces up to 20 years in prison if convicted.
Martin Shkreli Arrested on Fraud Charges
The CEO came into the spotlight this year when he raised the price of a pharmaceutical drug acquired by his company from $13.50 to $750.
The Explosion in Executive Pay Is Not Justified
In 1965, CEOs earned 20 times more than the average worker. Now they earn 300 times more.
How High-Frequency Trading Firms Can Rig the Game
Athena Capital case gives a glimpse of how algorithms can be used to manipulate markets