US SEC

A US government shutdown has furloughed SEC staff and delayed filings in the civil securities lawsuit against Gautam Adani, even as related criminal proceedings continue

US SEC Chairman Paul Atkins said the regulator will consider proposing a rule change in financial reporting, allowing companies to choose whether to report quarterly or semi-annually

US President Donald Trump said he wants US companies to report earnings every six months instead of quarterly, but critics warn it may hurt transparency

The US Securities and Exchange Commission (SEC) has granted exemptive relief for Infosys' share buyback as requested by the company, according to a statutory filing on Friday. The exemptive relief from the US securities' regulator is on certain aspects of the tender offer procedures, due to conflicting regulatory requirements between Indian and US laws for tender offer buybacks, Infosys said in the BSE filing. The Board of India's second largest IT services company on Thursday green-lit its largest-ever share buyback programme worth Rs 18,000 crore. The record buyback entails Infosys buying 10 crore fully paid-up equity shares of a face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at Rs 1,800 per share. "We would like to inform you that, by way of a letter from the SEC dated September 11, 2025, the company has obtained the requested exemptive relief from the SEC," it said. The letter, it said, will be publicly available on the SEC

The US Securities and Exchange Commission (SEC), in a filing before a federal court in New York, said it has sought assistance from India's Ministry of Law and Justice to serve legal documents to billionaire Gautam Adani and his nephew Sagar in connection with a civil securities case filed last year. The status update filed on August 11 is the same as the last hearing on June 27. In the latest update submitted to Magistrate Judge James R Cho of the US District Court for the Eastern District of New York (EDNY), the SEC said it is continuing to pursue formal service of the summons and complaint under the provisions of the Hague Service Convention. The defendants, who are based in India, are yet to be officially served with the summons. The US SEC has to serve the summons to Adani Group founder and chairman Gautam Adani and his nephew Sagar in the alleged USD 265 million payoffs to win lucrative renewable power supply contracts through proper diplomatic channels, as it has no ...

Securities and Exchange Commission Chair Paul Atkins said in remarks that he has directed commission staff to craft guidelines to determine when a crypto token is a security as well as proposals

Gautam Adani dismissed allegations of US bribery and obstruction, reaffirming the group's compliance and governance standards while highlighting record-breaking growth

According to NATO estimates, some of the continent's big economies, such as Italy and Spain, are among those below the current 2 per cent target, at around 1.5 per cent and 1.3 per cent respectively

The reports, published independently by seven of the group's listed entities, detail direct and indirect tax contributions across global

Adani bribery case, Adani share price: US federal prosecutors have accused Gautam Adani of bribing Indian government officials to buy electricity from Adani Green Energy

Last year, federal prosecutors in Brooklyn unsealed an indictment accusing Adani of bribing Indian officials to convince them to buy electricity produced by Adani Green Energy

Nate Anderson, 'activist' short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario. In a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the head of Canada's Anson hedge fund, Moez Kassam said his firm has shared research "with a wide variety of sources" including Hindenburg's Nate Anderson. The Market Frauds portal said that court documents allegedly revealed that Hindenburg colluded with Anson while preparing a report. The preparation of bearish reports without disclosure of participation can be charged as securities fraud by the US Securities and Exchange Commission (SEC). While short sellers borrow a security, sell it on the open market, and expect to repurchase it for less money after their damning report against the compan

By keeping his purchase quiet, Musk was able to buy shares at 'artificially low prices,' allowing him to underpay for at least $150 million worth of stock, the SEC said

Adani, his nephew Sagar Adani, and another Adani Group executive were charged with securities fraud and conspiracy

On Thursday, Musk tweeted a copy of a letter sent by his lawyer to the chair of the SEC saying agency staff had given him 48 hours to agree to pay a penalty or face charges

Musk has long sparred with SEC and last year four lawmakers asked to investigate whether Musk committed securities fraud by allegedly misleading investors about brain implant developed by Neuralink.

According to the SEC, in 2020 and 2021 a team of Cantor Fitzgerald executives managed and controlled two SPACs that raised $750 million from investors through IPOs ahead of the SPACs' eventual mergers

That represents an 11.5 per cent premium to the stock's closing price of $6.34 on Nasdaq on Dec. 10. The offer's valuation is based on a total of 398.61 million diluted shares outstanding as of Aug 1

A swift response from the Indian regulatory system will be crucial to prevent delays in India's strategic progress

The Congress on Friday accused the Solar Energy Corporation of India (SECI) of favouring the Adani Group, alleging that Adani Green is not suffering one bit even though it is yet to supply a single unit of the contracted 3 gigawatts of electricity to Andhra Pradesh. Congress general secretary in-charge communications Jairam Ramesh said Adani Green Energy's solar power project has not supplied a single unit of power to Andhra Pradesh two months after the original schedule to supply 3,000 MW. "It is amazing that even though it has yet to supply a single unit of the contracted 3 gigawatts of electricity to Andhra Pradeshdespite the alleged ?1,400 crore bribe to secure the contractAdani Green is not suffering one bit, thanks to the Central Government," Ramesh said in a post on X. Adani will start supplying one-third of the promised amount to Andhra Pradesh seven months late, he said. "But Solar Energy Corporation of India (SECI) has permitted it to sell the power on power exchanges in