JPMorgan Chase to Pay USD 151 Million in SEC Settlements
JPMorgan Chase will pay USD 151 million to settle five SEC enforcement cases, addressing allegations of misleading brokerage clients.
SEC Enforcement Director Gurbir S. Grewal To Step Down
Gurbir S. Grewal, the Enforcement Director of the United States Securities and Exchange Commission (SEC), is stepping down following three years of intensive regulatory action against Wall Street and cryptocurrency firms.
SEC Appeals Reduced USD 125 Million Penalty in Ripple XRP Case
The Securities and Exchange Commission (SEC) has appealed a court decision ordering Ripple Labs to pay a USD 125 million civil penalty in a long-running case involving its XRP token.
SEC Seeks Sanctions Against Elon Musk for Defying Court Order in Twitter Acquisition Probe
The SEC has asked a federal judge to sanction Elon Musk for repeatedly violating a court order requiring him to attend a deposition related to his 2022 Twitter acquisition.
SEC Disbands Climate and ESG Enforcement Task Force Amid Industry Pushback and Legal Challenges
he Securities and Exchange Commission (SEC) has reportedly disbanded its Climate and ESG Enforcement Task Force, which was a key part of SEC Chair Gary Gensler’s initiative to improve investor access to environmental, social, and governance (ESG) data from public companies and registered investmen
A New Audit Quality Benchmark Is Approved By SEC Despite Republican Objections
On Monday, the U.S. Securities and Exchange Commission (SEC) approved new accounting standards proposed by a watchdog agency, aimed at addressing concerns over poor-quality audits.
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.
