Securities and Exchange Commission (SEC): News
Musk misled investors on Tesla's affordable EV, preventing stock decline
Tesla executives were reportedly alarmed last year when CEO Elon Musk denied a Reuters report about the cancellation of a planned all-new $25,000 electric vehicle (EV), the publication reveals.
Adani seeks Trump's help to end bribery probe in US
Representatives of Indian billionaire Gautam Adani have met officials of US President Donald Trump's administration, to seek the dismissal of criminal charges in a bribery investigation, Bloomberg News reported.
NASDAQ to offer round-the-clock stock trading from next year
NASDAQ has announced plans to introduce round-the-clock trading on its equities exchange to cater to the growing global demand for US stocks.
Help in Adani fraud probe: US to Modi government
The US Securities and Exchange Commission (SEC) has sought the Indian government's help to serve a complaint against Gautam Adani, founder of the Adani Group, and his nephew Sagar Adani.
This Canadian investor in India has ties to Hindenburg Research
Anson Funds, a Toronto-based hedge fund which is under investigation for alleged collusion with short-seller Hindenburg Research, is registered as a foreign portfolio investor (FPI) in India.
Hindenburg's Nate Anderson faces scrutiny over alleged hedge fund ties
Nate Anderson, the head of research firm Hindenburg, is reportedly under investigation for alleged ties with hedge funds.
Elon Musk faces SEC lawsuit over Twitter deal disclosure timing
Elon Musk is being sued by the US Securities and Exchange Commission (SEC) in a federal lawsuit over his purchase of Twitter (now called X).
Robinhood agrees to $45M settlement with SEC: What went wrong?
Robinhood Markets Inc. has reached a $45 million settlement with the US Securities and Exchange Commission (SEC).
Bitcoin crosses $100,000 mark for the first time
Bitcoin has crossed the all-important $100,000 mark for the first time ever.
US: EY fires employees for attending 2 training sessions simultaneously
EY, one of the top accounting and auditing firms, has fired a number of US employees for attending two online training sessions at the same time.
Donald Trump's cryptocurrency platform now open for sign-ups
World Liberty Financial, a cryptocurrency platform linked to former US President Donald Trump and his associates, has kicked off its sign-ups.
SEC may sanction Musk over missed testimony in X investigation
The Securities and Exchange Commission (SEC) is preparing to impose sanctions on Elon Musk, following his failure to attend a court-ordered testimony.
After Adani, Hindenburg accuses this IT giant of accounting fraud
Hindenburg Research, a US-based renowned investment research firm and short-seller, has published a report accusing Super Micro Computer Inc. of alleged accounting manipulation and sanctions evasion.
Cisco announces second round of layoffs, impacting 7% of workforce
Cisco, the American multinational technology conglomerate, has announced plans to lay off approximately 7% of its global workforce.
OpenAI under fire for allegedly suppressing AI safety concerns
OpenAI is currently under investigation for allegedly concealing potential risks associated with its technology.
Coca-Cola to pay $6B in back taxes in US
Coca-Cola has announced it will pay $6 billion in back taxes and interest to the Internal Revenue Service (IRS) in the US, while challenging a final federal tax court ruling.
OpenAI accused of imposing illegal restrictions on employees
OpenAI is facing allegations of imposing illegal restrictions on its employees' communication with government regulators.
Why gamified investment apps are risky for beginners
A recent study from the University of Toronto suggests that gamified investment platforms, which mimic games and offer rewards to maintain user engagement, could pose risks for inexperienced investors.
SEC charges Silvergate Bank with fraud over unmonitored cryptocurrency transactions
The Securities and Exchange Commission (SEC) has accused Silvergate Bank, a former cryptocurrency financial sector giant, of defrauding investors.
Meesho secures $275 million in funding, eyes further capital infusion
Meesho, an Indian e-commerce start-up, has successfully secured funding of $275 million from its existing investors, as per regulatory filings with the Securities and Exchange Commission (SEC).
Elon Musk may testify again in SEC's Twitter takeover probe
Elon Musk could be called to testify once more in the US Securities and Exchange Commission's (SEC) investigation into his $44 billion acquisition of Twitter.
SEC investigates OpenAI's internal communications for proof of misleading investors
The US's Securities and Exchange Commission (SEC) is currently looking into internal messages from OpenAI CEO Sam Altman.
US SEC approves Bitcoin ETFs: What exactly are they?
The US Securities and Exchange Commission (SEC) has approved the first US-listed exchange-traded funds (ETFs) for Bitcoin, marking a major milestone for the cryptocurrency world.
SEC's X account hijacked to falsely announce Bitcoin ETF approval
The US Securities and Exchange Commission (SEC) recently experienced a security breach when its official X account posted a false claim about the approval of Bitcoin ETFs for listing on national securities exchanges.
Musk, SEC to face off in court today: Here's why
The US Securities and Exchange Commission (SEC) is taking billionaire Elon Musk to court in San Francisco on Thursday.
US SEC sues Musk for not cooperating in Twitter probe
The US Securities and Exchange Commission (SEC) is taking legal action against Elon Musk, after the billionaire said he would no longer cooperate with SEC's investigation into his $44 billion acquisition of Twitter, now called X.
Adani Group faces regulatory scrutiny in US; stocks plunge
Adani Group seems to have landed in troubled waters again.
SEC sues Coinbase: What's prompting the crackdown on crypto exchanges
The Securities and Exchange Commission (SEC) is on a crypto crusade. A day after it sued Binance, the most powerful force in the cryptocurrency world, the regulator has decided to go after Binance's rival Coinbase.
Binance and founder Changpeng Zhao sued by SEC: Here's why
World's largest crypto exchange Binance is facing multiple legal challenges in the US. Now, the Securities and Exchange Commission (SEC) has sued the exchange and its founder Changpeng Zhao for violating security rules.
Former CEO Parag Agrawal, other executives sue Twitter: Know why
Former Twitter CEO Parag Agrawal was among the first to be fired from the company after Elon Musk's takeover.
Zoom fired its president Greg Tomb before completing a year
Popular video conferencing platform Zoom fired about 15% of its workforce a month ago. The company has now axed its president Greg Tomb.
What is Silvergate fallout that is pulling down crypto market
The crypto world has been slowly moving toward normalcy after a disastrous 2022. However, the period of calm could be short-lived.
How Indian-origin techie Nishad Singh got involved in FTX storm
The FTX story, as much a cautionary tale as it is, is also about dreams, friendship, and betrayal. Nishad Singh, the former director of engineering at FTX, has pleaded guilty to six fraud charges.
Regulators monitoring Adani-Hindenburg crisis, FPO pullout hardly impacted economy: Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said that market regulators are independently monitoring the crisis around Adani Group, which is facing allegations of stock manipulation and accounting fraud.
Whistleblower alleges RSS promotes fear, anti-Muslim narratives on Facebook
Facebook whistleblower Frances Haugen has kicked up a storm in the US with her leaks highlighting how Facebook's internal decisions are detrimental to individual well-being and society at large.
Elon Musk officially crowns himself Technoking through Tesla's regulatory filing
Elon Musk's love for bizarre names and antagonizing investors continues with its latest regulatory filing. Tesla has given its CEO Musk the peculiar title Technoking through its new filing with the Securities and Exchange Commission (SEC).
Carnival, world's largest cruise line operator, falls victim to cyberattack
As the world struggles with the COVID-19 pandemic, hackers are using the opportunity to attack unsuspecting organizations and their customers.
Now, Elon Musk is selling Tesla-branded 'short shorts'
After selling fancy electric cars, setting up an underground rapid movement system, and renting rocket and space capsule to NASA for manned missions, the maverick Elon Musk is onto selling something absurd - 'short shorts'.
Going offline: Elon Musk says he's disconnecting from Twitter
As far as his social media activities are concerned, Elon Musk seems perplexed, at best.
Has Pakistan curbed terror financing? FATF to decide soon
Pakistan, already having a bad reputation for encouraging terrorism in its land, is facing a testing time.
FATF notes Pakistan's actions against terrorism haven't been enough
The global-watchdog Financial Action Task Force (FATF) gave Pakistan months to act strongly against terrorism, but the country failed to do so.
Chanda Kochhar case: Whistleblower says it's just "tip of iceberg"
On Thursday, the Central Bureau of Investigation (CBI) charged former ICICI Bank CEO Chanda Kochhar with criminal conspiracy, but the whistleblower has said this is just the tip of the iceberg.
Tesla replaces Elon Musk, appoints Robyn Denholm as chairman
Tesla has appointed 55-year-old Robyn Denholm to chair the board of the company after founder Elon Musk was ousted from the post a month back.
Elon Musk to resign as Tesla Chairman, will remain CEO
Elon Musk has reached a settlement with Securities and Exchange Commission (SEC) over fraud charges, as a result of which he will step down from the Chairman post of Tesla. Musk will continue to remain the CEO of the electric car making company.
Elon Musk sued for fraud, might be ousted from Tesla
Tesla CEO Elon Musk has been sued for fraud by US federal regulators, the Securities and Exchange Commission (SEC), over his Tesla privatization tweet.
Tesla to remain public, Elon Musk announces
After about two weeks of commotion over Musk's claim of taking Tesla private, the South African-born entrepreneur, on Friday night, announced that Tesla isn't going private after all.
Following Musk's interview, Tesla shares plummet again
There has been a lot of speculation about Tesla's future of late, and on Friday, the company's stocks took a pounding after a lengthy Elon Musk interview raised further questions about the company's future.
Chanda Kochhar probe extends to US, SEC now investigating case
The probe against ICICI Bank chief Chanda Kochhar and her family's allegedly illegal business dealings with the Videocon group is going international.
Indian-origin ponzi schemer charged in US with $250,000 fraud
An Indian-origin man in the US has been charged with stealing more than $250,000 in a Ponzi scheme in which his friends and coworkers invested.
Theranos founder, her Indian-American boyfriend charged with $700m fraud
US Federal regulators charged the blood-testing company Theranos, its Founder and CEO Elizabeth Holmes, and her Indian-American boyfriend-turned-Theranos President Ramesh Sunny Balwani with $700m fraud.