Tag Archives: Securities

Sam Bankman-Fried pleaded not guilty to eight different counts of wire fraud, securities fraud, and conspiracy before a U.S. federal court in the Southern District of New York on Tuesday. U.S. prosecutors allege that under Bankman-Fried’s direction, FTX, once considered one of the largest and most-trusted cryptocurrency exchanges, transferred billions in customer assets to his trading firm, Alameda Research. If convicted of these charges, Bankman-Fried faces up to 115 years in prison. A trial… Source link

Securities & Exchange Commission Chair Gary Gensler suggested Wednesday in an exclusive interview with Yahoo Finance Live failed crypto exchange FTX violated securities laws by using customer assets to trade at its affiliated hedge fund, Alameda Research. “I can’t speak to any one case or any one situation, but our securities laws say that you need to properly segregate customer funds,” Gensler said. “You also shouldn’t be running a broker dealer or a hedge fund, and an exchange. The New York… Source link

The FTX collapse that is ballooning into arguably the biggest financial story of 2022 is worsening for Tom Brady, Steph Curry and other major endorsers of the now-bankrupt cryptocurrency platform. The director of enforcement for the Texas State Securities Board has announced that state regulators are investigating multiple celebrity endorsers tied to the FTX trading platform. The probe is an an effort to determine whether securities laws were violated by Brady, Curry and others while… Source link

DENVER, September 06, 2022–(BUSINESS WIRE)–UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that the Company will participate in the Bank of America Securities 2022 Global Real Estate Conference being held at the Conrad New York Downtown on September 13-14, 2022. The UDR Executive Team will host a roundtable discussion on Tuesday, September 13, 2022, at 12:40 p.m. Eastern Time. The Company’s roundtable discussion will be made… Source link

SG Americas Securities LLC raised its stake in Yandex (NASDAQ:YNDX – Get Rating) by 24.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,440 shares of the information services provider’s stock after purchasing an additional 11,304 shares during the quarter. SG Americas Securities LLC’s holdings in Yandex were worth $862,000 at the end of the most… Source link

Daiwa Securities Group Inc. boosted its position in Yandex (NASDAQ:YNDX – Get Rating) by 8.6% in the first quarter, HoldingsChannel reports. The firm owned 43,925 shares of the information services provider’s stock after buying an additional 3,473 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Yandex were worth $832,000 as of its most recent SEC filing. Other institutional investors have also added to or reduced their stakes in the… Source link

NEW YORK, NY / ACCESSWIRE / October 13, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against The Boston Beer Company, Inc. (“Boston Beer” or the “Company”) (NYSE:SAM). On September 8, 2021, after the market closed, Boston Beer announced that it was withdrawing its 2021 financial guidance issued on July 22, 2021 as a result of a decrease in demand for its hard seltzer… Source link

BEIJING (Reuters) – China’s securities regulator said on Sunday it will seek closer cooperation with its U.S. counterpart and will support overseas listings, after U.S. regulators tightened disclosure for Chinese companies and voiced concern about Beijing’s regulatory actions. The China Securities Regulatory Commission (CSRC) said in a statement that it had taken note of the U.S. Securities and Exchange Commission’s (SEC) new requirements for disclosure regarding Chinese companies’ listings… Source link

TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link

TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link