Securities And Exchange Commission

Adani Group stocks: Enterprises, Ports, Green hit 52-week highs; here's why

Adani Green Energy in an exchange filing said the US SEC, Gautam Adani and Sagar Adani filed their request for entry of final judgment, on consent, before the US Eastern District NY Court on May 15.

Elon Musk agrees to pay $1.5 million to settle SEC case over Twitter stake

An SEC spokesperson said the deal, if finalised, would be the largest penalty the agency has levied against an entity or individual for allegedly failing to file a beneficial ownership report on time

SEC clears Nasdaq plan for benchmark index-linked prediction market options

New York-based exchange operator's products are cash-settled contracts that pay a fixed amount at expiration depending on whether the index finishes above or below a set level

SEC, Adanis seek extension, propose new briefing schedule in US case

The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani have jointly requested a US court for more time to file key submissions in a civil securities case, proposing a revised schedule for motions and responses. In a filing before the US District Court for the Eastern District of New York, the parties said they had conferred in line with the court's April 7 directive and agreed on a new timeline, which has been submitted for approval to Judge Nicholas G Garaufis. The SEC had sued Adani Group founder Gautam Adani and his nephew, Sagar, in November 2024, alleging they had misled investors by failing to disclose an alleged bribery scheme tied to Indian state officials, framing the case under US securities laws. Denying all allegations, the two, through their lawyers, on April 7, filed a pre-motion letter ahead of a planned April 30 motion, seeking dismissal of a fraud lawsuit, arguing the case represents an impermissible extraterritorial applicatio

US SEC approves plan removing day-trading limit for small investors

New margin standards, which require customers to have enough equity in their account to cover the risks they run at that moment, will apply to all investors rather than just small ones

Elon Musk, US SEC head toward trial over Twitter investor fraud case

US Securities and Exchange Commission sued Elon Musk, alleging he delayed disclosing a 5% stake in Twitter, costing shareholders over $150 million

US SEC fraud case against Adani to proceed after procedural issue resolved

In a Friday filing in a Brooklyn federal court, the SEC and US lawyers for Gautam and Sagar Adani said they agreed to accept legal papers, removing the need for a judge's ruling on service

Adani hires prominent Wall Street lawyer as SEC case set to advance

The SEC's lawsuit alleges that Gautam and his nephew Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

Adani Group shares under pressure; Adani Ent, Green, Energy slip up to 10%

Adani Green Energy stock slipped 10% to ₹814 in intra-day deal, while Adani Energy Solutions (₹840) and Adani Enterprises (₹1,895.50) were down 9% each.

US SEC seeks alternative pathway to advance stalled Adani fraud case

The SEC's lawsuit, filed in November 2024, alleges that Gautam and Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd

Trump revives plan to end quarterly reports: What it means for US markets

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

Sebi says Jane Street probe could be wider as firm demands release of docs

Jane Street told SAT Sebi ignored its own surveillance report and sought access to NSE communications and regulator emails in the ₹4,840-cr case

Delhi HC appoints receiver for 95 EVs leased to BluSmart amid dispute

The Delhi HC appointed a receiver to oversee 95 EVs leased to BluSmart Cabs by Clime Finance, restricting Gensol from creating third-party rights amid a lease payment dispute

Musk loses bid to block investor lawsuit over Twitter stock manipulation

A Manhattan federal judge on Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission

US SEC requests help from Indian authorities in Adani fraud probe

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

Pause of FCPA unlikely to affect investigations by US SEC, say experts

The FCPA is jointly enforced by the Department of Justice (DOJ) and the SEC in the United States, applying criminal and civil penalties, respectively

SEC sues Elon Musk for failure to disclose growing Twitter stake on time

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

SEC 'reopens' investigation into Neuralink, says Elon Musk's lawyer

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.

Cantor Fitzgerald pays $6.75 mn to settle 'misleading' SPAC disclosures

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

What is the US SEC and its Indian counterpart Sebi in market regulation?

The US Securities and Exchange Commission ensures market transparency and investor protection. India's Securities and Exchange Board of India plays a similar role of regulating the financial markets