Securities and Exchange Commission (SEC): News

13 Jul 2024

Stock Market

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.

02 Jul 2024

Cryptocurrency

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.

11 May 2024

Startups

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).

10 May 2024

Elon Musk

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.

29 Feb 2024

OpenAI

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.

11 Jan 2024

Bitcoin

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.

10 Jan 2024

Bitcoin

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.

14 Dec 2023

Elon Musk

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.

06 Oct 2023

Elon Musk

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.

23 Jun 2023

Adani Group

Adani Group faces regulatory scrutiny in US; stocks plunge

Adani Group seems to have landed in troubled waters again.

07 Jun 2023

Coinbase

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.

06 Jun 2023

Cryptocurrency

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.

11 Apr 2023

Parag Agrawal

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.

06 Mar 2023

Zoom

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.

03 Mar 2023

Cryptocurrency

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.

02 Mar 2023

Cryptocurrency

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.

04 Feb 2023

Nirmala Sitharaman

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.

07 Oct 2021

Facebook

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.

16 Mar 2021

Elon Musk

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).

18 Aug 2020

Canon

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.

06 Jul 2020

Elon Musk

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'.

02 Nov 2019

X

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.

13 Oct 2019

Pakistan News

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.

07 Oct 2019

India

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.

08 Nov 2018

Elon Musk

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.

30 Sep 2018

Elon Musk

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.

28 Sep 2018

Elon Musk

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.

25 Aug 2018

Elon Musk

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.

18 Aug 2018

Elon Musk

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.

10 Jun 2018

ICICI Bank

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.

25 Mar 2018

New Jersey

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.