Hints and tips:
...“Our rules — like any other exchange — are approved by the SEC and provide companies with specified criteria and procedures to maintain compliance,” said a Nasdaq spokesperson....
..., sending expenses to its funds that they managed rather than retaining those expenses at the management company....
...In addition to the DoJ and SEC investigations, the incident prompted probes by the California DMV, the California Public Utilities Commission and the National Highway Traffic Safety Administration....
...Grayscale’s bitcoin ETF accounted for about half of the action, according to Bloomberg Intelligence and the company, which said $1bn in trading occurred within 90 minutes of markets opening....
...The companies charged on Friday admitted the SEC’s findings and acknowledged that they violated US securities laws, the regulator said....
...But it was North Dakota’s securities regulator that gave the company a cease-and-desist order earlier this year, so the SEC may have some leeway here....
...Then SEC chair Gary Gensler used his personal X account to shoot down what turned out to be a hack....
...Further reading— The rise of the sloppy SEC filing...
...Genesis Global Capital LLC agreed to pay a $21mn civil penalty to settle charges that it engaged in the unregistered offer and sale of securities through its Gemini Earn program, the SEC announced on Tuesday...
...founder really doesn’t like the US Securities and Exchanges Commission’s proposals for tackling the Treasury basis trade that has caused plenty of angst in regulatory circles in recent years: “If the SEC...
...According to the SEC, Stoner Cats 2 LLC’s offering raised roughly $8mn from investors by selling more than 10,000 NFTs for roughly $800 each. The offering sold out in 35 minutes....
...Back in 2012 the SEC halted trading in almost 400 “dormant companies” after a wave of Chinese companies with dubious accounting had listed in the US via reverse merger....
...The regulated investment companies structured under the 1940 Act are only permitted to invest in securities, not commodities....
...And last month came our latest chapter on how firms are pawning assets to raise cash to deleverage individual companies. But wait, there’s more....
...for companies which raised over $1bn in an IPO....
...competitors to the Citadel LLC hedge fund....
...VinFast said in its filing to the SEC published on Tuesday that a further portion of its revenue came from sales of goods and battery-related spare parts to VinES and from sales of e-buses to VinBus....
...Besides the fact that the company claimed the 10,000 NFTs sold out within minutes — what is this supposed to mean?...
...On Monday it charged media and entertainment company Impact Theory LLC with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens....
...“What seems odd to me now is that Illumina disclosed the Insurance Matters Agreement a few months later in an SEC filing....
...Related reading:— SEC rule S7-28-98 on a bidder’s ability to finance a transaction (SEC, 2000)(Story updated at 6.24am BST to add Creditsights comment)...
...In 2018, NYSE was fined $14mn by the SEC over a series of problems, including trading outages....
...Former SEC chair Mary Schapiro leads its secretariat....
...Shares in big, well-known companies, such as AT&T and Wells Fargo, experienced huge surges or plunges in value as markets opened, before trading was halted seconds later....
...Still, one to watch if the SEC’s new rules are passed?...
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