Securities And Exchange Commission

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

GQG Partners to pay $500,000 penalty to settle US regulator SEC charges

The investment firm settles alleged violation of whistleblower norms through consent

Philippine appeals court sides with news outlet against 2018 shutdown order

A Philippine appeals court side with a news agency in its fight against a 2018 shutdown order in a decision made public Friday, marking a legal victory for journalists who angered former President Rodrigo Duterte by reporting critically on his deadly crackdown on illegal drugs and alarming human rights record. The Court of Appeals ordered the Securities and Exchange Commission to restore the certificates of incorporation of Rappler, an online news outfit founded by 2021 Nobel peace prize co-winner Maria Ressa, in a decision issued July 23. It wasn't immediately clear if the SEC will appeal the ruling. Rappler has continued to operate during its legal fight, despite the closure order. Rappler was accused of violating a constitutional ban on foreign investments in local media agencies when it received funds through financial papers called Philippine depository receipts in 2015 from the Omidyar Network, a philanthropic organisation backed by eBay founder Pierre Omidyar. The government

OpenAI whistleblowers ask SEC to examine firm's agreements with employees

OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission and asked the agency to investigate whether the ChatGPT maker illegally restricted workers from speaking out about the risks of its artificial intelligence technology. A letter to SEC Chair Gary Gensler representing one or more anonymous and confidential whistleblowers asks the agency to swiftly and aggressively enforce its rules against non-disclosure agreements that discourage employees or investors from raising concerns with regulators. The July 1 letter references a formal whistleblower complaint recently filed with the SEC. The Washington Post was the first to report on the letter. US Sen. Chuck Grassley's office shared a copy of the letter with The Associated Press, noting it was provided to his office by legally protected whistleblowers. OpenAI's policies and practices appear to cast a chilling effect on whistleblowers' right to speak up and receive due compensation for their protected .

BlackRock, Citadel Sec-backed group to start new stock exchange in Texas

The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year

Tesla shareholder sues Elon Musk for alleged $7.5 bn insider trading

According to the lawsuit, Musk sold the shares on various dates in November 2022 and December 2022

JPMorgan failed to monitor billions of client orders between 2014-21: CFTC

The Commodity Futures Trading Commission (CFTC) said Thursday the bank would pay $100 million to settle a multiyear probe into the JPMorgan's trade monitoring

Elon Musk ordered to resume testimony in X acquisition probe by SEC

Musk previously testified twice in July 2022, the SEC said, but failed to show up last year for follow-up questioning

Musk's X acquisition: Judge rejects idea billionaire too busy for SEC probe

A federal judge in San Francisco seemed unpersuaded by arguments that Musk shouldn't have to devote more of his time meeting with the SEC because he already spent two partial days

US SEC investigates Boeing's safety claims after panel blew off plane

The probe adds to legal headaches for Boeing, whose stock has lost about one third of its value in 2024

Asian shares stabilise after solid China trade data, yen steadies

Chinese shares see earlier gains, with bluechip stocks rising 1 per cent and Hong Kong's Hang Seng index increasing 1.2 per cent