Securities and Exchange Commission

Timelines
AOC urges US Congress to investigate Robinhood's GameStop freeze

29 Jan 2021

AOC urges US Congress to investigate Robinhood's GameStop freeze

Alexandria Ocasio-Cortez called on the US Congress to investigate trading app Robinhood over its GameStop freeze.

Carnival, world's largest cruise line operator, falls victim to cyberattack

18 Aug 2020

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'

06 Jul 2020

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

02 Nov 2019

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

13 Oct 2019

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

07 Oct 2019

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.

Elon Musk lost $1 billion in just two minutes

05 Apr 2019

Elon Musk lost $1 billion in just two minutes

Elon Musk lost $1 billion in just two minutes after shares of his electric-car company Tesla tumbled on Thursday due to poor deliveries.

Tesla replaces Elon Musk, appoints Robyn Denholm as chairman

08 Nov 2018

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

30 Sep 2018

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

28 Sep 2018

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

25 Aug 2018

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

18 Aug 2018

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.

Indian-origin ponzi schemer charged in US with $250,000 fraud

25 Mar 2018

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

15 Mar 2018

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.

Wells Fargo CEO steps down

13 Oct 2016

Wells Fargo CEO steps down

In the wake of the fake account creation scandal, Wells Fargo announced that their CEO John Stumpf would retire, "effective immediately."

$200 million settlement for Well Fargo's CEO, Stumpf

23 Sep 2016

$200 million settlement for Well Fargo's CEO, Stumpf

As calls for the stepping down of Wells Fargo and Co.'s CEO John Stumpf grew louder, sources revealed that he may be entitled to a $200 million severance payout.

Senator says Wells Fargo CEO "should resign"

22 Sep 2016

Senator says Wells Fargo CEO "should resign"

A US senator lambasted Wells Fargo and Co.'s CEO John Stumpf over his involvement in the unauthorized opening of over 2 million accounts to meet sales targets.

Warren Buffet loses $1.4 billion on Wells Fargo's accounting scandal

16 Sep 2016

Warren Buffet loses $1.4 billion on Wells Fargo's accounting scandal

Warren Buffet's Berkshire Hathaway scripted massive losses of $1.4 billion over Wells Fargo's accounting scandal in just one day.