SEC Fines Six Credit Rating Agencies For Recordkeeping Failures
The U.S. Securities and Exchange Commission (SEC) has charged six credit rating agencies for failing to maintain and preserve electronic communications, resulting in combined penalties exceeding $49 million.
SEC Approves Nasdaq’s Revised Corporate Governance Rules
The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq’s proposed revisions to its corporate governance rules, specifically targeting the phase-in schedules for Independent Directors and committee requirements under various scenarios.
OpenAI Whistleblowers Urge SEC Investigation into Restrictive NDAs
OpenAI whistleblowers have lodged a complaint with the U.S. Securities and Exchange Commission (SEC).
The US Supreme Court Strikes Down SEC’s Use of In-House Tribunals in Fraud Cases
In a landmark decision on Thursday, the Supreme Court ruled against the Securities and Exchange Commission's (SEC) practice of using in-house tribunals to enforce rules against securities fraud.
The lawsuit alleges that the SEC is unlawfully monitoring American stock market investors
A recent complaint claims that the Securities and Exchange Commission (SEC) is gathering personal information about every individual who trades in the stock market illegally.
judge threatens to sanction SEC Lawyers For Misrepresentation
A federal judge warned the SEC's lawyers of sanctions after attorneys used "false" arguments to get a court to place a temporary restraining order on the cryptocurrency company Debt Box.
SEC Implements New Short Selling Rules for Greater Transparency
In response to the volatile GameStop trading episode earlier this year, the U.S. Securities and Exchange Commission (SEC) has greenlit stringent rules designed to enhance transparency in short-selling practices.
Musk has refused to testify in the Twitter stock probe, claiming that the SEC is harassing him
Elon Musk is being sued by the Securities and Exchange Commission (SEC) of the United States.
SEC Cracks Down on Deutsche Bank’s DWS for False ESG Claims, Imposes $25 Million Fine
In a significant setback for the credibility of ESG investments, the SEC has taken legal action against DWS Investment Management Americas Inc., a subsidiary of Deutsche Bank, for alleged false claims in relation to Environmental, Social, and Governance (ESG) practices.
US Private Funds Industry Takes Legal Action against Securities Regulator over New Rules
In a recent development, the U.S. private funds industry has taken legal action against the Securities and Exchange Commission (SEC) regarding new regulations introduced in September 2023.