Page 3 - Us Sec

US judge rejects SEC's attempt to sanction Elon Musk over testimony

The SEC did not immediately respond to a request for comment after business hours. Lawyers for Musk did not immediately respond to similar requests

No mention of wrongdoing by SECI in Adani bribery case: CMD R P Gupta

SECI, the nodal agency for implementation of renewable projects in India, has not been mentioned for any wrongdoing in the Adani case, its CMD R P Gupta said on Thursday. Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay USD 265 million (about Rs 2,200 crore) bribe to Indian officials in exchange of favourable terms for solar power contracts. "There is nothing against SECI that SECI has done anything wrong. That is no where. There is no mention of any wrongdoing or irregularity on part of SECI," he said while responding to PTI queries on developments related to the Adani case. According to US prosecutors' document, Solar Energy Corporation of India Ltd (SECI), which originally awarded the solar manufacturing-linked power tender, entered into the sale agreements with Andhra Pradesh, Odisha, Chhattisgarh, and Tamil Nadu between July 2021 and December 2021. The indictment also names New Delhi-based Azure Power, which had won a simi

Adani Group sees $22 billion in value wiped off after US indictments

Adani group's 10 listed stocks had a total market capitalisation of about $147 billion at 0411 GMT, compared to $169.08 billion on Tuesday

Trump team considers creating first-ever White House cryptocurrency role

Discussions about the crypto role have included the person leading a small staff, and acting as a liaison between Congress, the White House and the various agencies with jurisdiction over crypto

Adani unit tapped US bond market hours before billionaire's indictment

The indictment came shortly after units of clean-energy arm Adani Green Energy Ltd sold a 20-year green bond in the US investment-grade market

Adani Group scraps $600 million bond, other notes drop on US SEC charges

Billionaire Adani, one of the richest men in the world, was charged with allegedly participating in a scheme that involved promising to pay more than $250 million in bribes to Indian govt officials

US SEC charges Gautam Adani, 7 others in alleged bribery, fraud scheme

Gautam Adani, Sagar Adani and Jaain were charged with securities fraud, securities fraud conspiracy and wire fraud conspiracy

SEC's WhatsApp probe expands as Moody's, S&P, Fitch hit with $48 mn fine

The Securities and Exchange Commission said Tuesday that Moody's and S&P will each pay $20 million to settle the cases, while Fitch will pay $8 million

SEC targets its own staff's texting, nixes WhatsApp office phones

The regulatory crackdown extracted at least $200 million apiece from Wall Street giants such as Bank of America Corp., JPMorgan Chase & Co and Goldman Sachs Group Inc, while also fining others

US SEC investigates whether OpenAI investors were misled, says WSJ

The SEC's probe may not lead to any finding of wrongdoing by the parties involved. OpenAI selected two lawyers from the firm WilmerHale to conduct its investigation into the events

Crypto wrap: High volatility in market after SEC's approval of Bitcoin ETFs

The crypto market witnessed many highs and lows during the week. Bitcoin touched its highest level in 22 months and soon wiped off the gains

Bitcoin at 21-month-high as US SEC approves Bitcoin ETF from heavyweights

After the announcement, Bitcoin briefly touched $47,600, the highest since December 2021, before cooling down to $46,600 for the first time since April 2022

US SEC authorises Bitcoin-spot ETFs in cryptocurrencies' breakthrough

The approvals mark a rare capitulation by the SEC following opposition that lasted for more than a decade, ever since Tyler and Cameron Winklevoss first proposed a Bitcoin ETF in 2013.

Crypto wrap: Markets highly volatile as ETF rumours take centre stage

Experts suggest that sustaining the level of $44,000 is important for Bitcoin to establish a positive momentum

Crypto wrap: Bitcoin gains on Argentina's endorsement, ETF anticipation

Experts suggest that Bitcoin may soon reach the $48,000 level if the momentum persists

Bitcoin breaches $44,000 mark, now on the same level as in March 2022

According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds

At $35,198, Bitcoin climbs to highest since May 2022 on ETF excitement

A Bitcoin ETF is expected to make buying and selling Bitcoin easier through the stock market

Crypto wrap: Ethereum outperforms Bitcoin as investors tread with caution

Apart from Ethereum, almost all the major crypto coins traded range bound in the last one week

US SEC sues Virtu Financial for policy lapses on trade information access

The SEC claimed on Tuesday that for a 15-month period "virtually all employees" at subsidiary Virtu Americas LLC could access confidential trade information

US court ruling on Grayscale ETF pushes crypto market up, Bitcoin jumps 5%

Grayscale had appealed against the US SEC's decision to reject its proposal for converting its Bitcoin Trust into a spot ETF