Tag Archives: SEC

For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and… Source link

With CFP still undecided on future format, SEC and Big Ten express doubts in commitment – Yahoo Sports Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

It was the moment that the crypto world had been waiting for. Then it wasn’t. The price of bitcoin (BTC-USD) soared to nearly $48,000 Tuesday afternoon after the Securities and Exchange Commission appeared to announce on X, formerly Twitter, that the regulator had granted approval for the launch of spot bitcoin exchange-traded funds. The SEC had been expected this week to rule on whether as many as 14 different money managers would be allowed to issue the ETFs, which would allow everyday… Source link

McDonald’s (MCD) former CEO Stephen Easterbrook agreed to repay more than $52.7 million in a settlement with the U.S. Securities and Exchange Commission over investor fraud allegations. The agency alleges that Easterbrook defrauded the company’s investors by lying about sexual relationships with company subordinates while he was CEO, resulting in a separation compensation that he should not have received because of the alleged fraud. The conflict — that the company at the time said was… Source link

The U.S. Department of Justice and the Securities and Exchange Commission filed parallel lawsuits against eight social media influencers, alleging they engaged in a pump-and-dump stock manipulation scheme that fleeced their followers out of $100 million. The SEC announced fraud charges on Wednesday against seven self-proclaimed “FinTwit” financial gurus on Twitter: Perry Matlock a/k/a “PJ Matlock;” Edward Constantin a/k/a “Edward Constantinescu” and “MrZackMorris;” Thomas… Source link

Early Tuesday morning, the Securities and Exchange Commission filed charges against Sam Bankman-Fried, alleging the 30-year-old disgraced founder of FTX orchestrated a scheme to defraud the company’s equity investors. “We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto,” SEC Chair Gary Gensler said in a release. “The alleged fraud committed by Mr. Bankman-Fried is a clarion call to… Source link

The Securities and Exchange Commission is sending a letter to U.S. public companies asking firms evaluate their disclosure obligations, including a “specific tailored disclosure,” about how recent crypto bankruptcies and broader financial distress across the digital asset market may have hit their business. The letter is intended to illustrate the type of comments the securities agency might send to public companies. “In meeting their disclosure obligations, companies should consider the… Source link

By John McCrank NEW YORK, Dec 7 (Reuters) – The U.S. Securities and Exchange Commission will vote on whether to propose some of the biggest changes to the American equity markets in nearly two decades at a Dec. 14 meeting, the agency said on Wednesday. The potential changes include new rules that would require marketable retail stock orders to be sent to auctions before they are executed, a new standard for brokers to show they get the best possible executions for client orders, and lower… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe September 23, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Who else is sick of talking about the Fed? Of course, the Federal Reserve and its battle against inflation using higher interest rates is vitally important. But I need a break. So, on to another crucial question:… Source link

Is the SEC still Alabama and Georgia and everyone else? The two teams that played for the national title enter the 2022 season as the overwhelming favorites in the SEC and among the top three favorites to win the College Football Playoff. That makes sense. While both teams lost a lot of talent to the NFL, they reloaded for another title run. Figuring out who is going to challenge Alabama and Georgia this season may be the biggest question in the conference. Both Kentucky and Ole Miss won 10… Source link