Showing posts with label SEC. Show all posts
Showing posts with label SEC. Show all posts

Thursday, March 20, 2025

SEC drops case against crypto firm with ties to Trump, CEO says - ABC News

The move, which was not confirmed by the SEC, prevents Ripple from potentially facing a $125 million fine -- and comes less than two weeks after Garlinghouse was at the White House for President Donald Trump's crypto summit…

https://abcnews.go.com/US/sec-drops-case-crypto-firm-ties-trump-ceo/story


 

Tuesday, February 18, 2025

SEC rule suspension is early gift for Trump’s oil and gas supporters - The Washington Post

President Donald Trump's energy secretary and two of his major donors won a key victory last week when the Securities and Exchange Commission moved to back off a rule requiring large companies to disclose their greenhouse gas emissions and any plans to reduce them...


Sunday, December 15, 2024

Elon Musk's SEC fight reaches tipping point with Twitter penalty claim

Elon Musk's ongoing feud with the Securities and Exchange Commission escalated Thursday when he publicly challenged the agency, claiming it gave him 48 hours to pay a penalty or face charges related to his Twitter acquisition…

Monday, April 8, 2024

Trump STOCK CRASH is JUST THE TIP of Lawsuit ICEBERG

Trump likely violated securities laws by “pumping and dumping” his Truth Social stock by praising the business in public statements in contradiction of the company’s ACTUAL REQUIRED SECURITIES FILINGS about its finances the disclosed that it’s actually in the “red” by $50 million. Michael Popok, a former Wall Street attorney, explains why talking up your publicly traded stock will lead to an SEC investigation AND plaintiffs class action lawsuits that could ruin Trump and his board members.

Wednesday, June 7, 2023

SEC sues Coinbase for allegedly operating as an unregistered broker - The Washington Post

"Coinbase's alleged failures deprive investors of critical protections, including rule books that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC," the commission's chairman, Gary Gensler, said in a statement...


Wednesday, June 1, 2022

5th Circuit Tells SCOTUS Hold My Beer (Opening Arguments podcast OA597)

The 5th Circuit has never been in the top 10 circuits in terms of not being insane, but now it has gone even more off the rails. Andrew takes us through the deep dive on a terrible decision that will decimate the SEC’s ability to do anything, and why the logic will be applied elsewhere. Before that, a quick update on how much Elon Musk sucks and has completely blown it with the Twitter deal. And a quick word on primaries.
Interview: 


Wednesday, December 29, 2021

Why the controversy surrounding Trump's media venture matters

…The SEC took a closer look and came to the conclusion that these companies were, for all intents and purposes, fake — which is a problem, because in the United States, fake companies are not supposed to be publicly traded…


Sunday, June 6, 2021

SEC fires Republican audit watchdog after push from Warren, Sanders - POLITICO

…In a letter to Gensler on May 25, the lawmakers said the new board was populated with "partisan cronies with a deregulatory agenda and little relevant experience." They said the PCAOB under Duhnke moved to weaken audit standards and that enforcement actions plummeted. Duhnke himself has faced internal complaints about his conduct and a wrongful termination lawsuit…

Monday, January 8, 2018

Report: SEC Probing Kushner Company Role In Visas-For-Money Program | HuffPost

As Donald Trump battles to build a wall to keep Mexican immigrants out of America, the Securities and Exchange Commission is probing the real estate company owned by the family of his son-in-law, Jared Kushner, and its link to a lucrative federal visa program, The Wall Street Journal reported.....
https://www.huffingtonpost.com/entry/kushner-investigation-invisas-formoney_us_5a51ad55e4b01e1a4b15a93e


Wednesday, March 8, 2017

State AGs vow to reject Lamar Smith’s ‘staggering’ new subpoena on climate communications

Rep. Lamar Smith’s (R-TX) probe into the multi-state “Exxon Knew” investigation was already considered by many an overreach of his authority, and state attorneys general have flat-out rejected his subpoenas. But the fossil-fuel backed congressman is not backing down — instead, he’s doubling down.

Since last spring, Smith has been questioning states’ investigation into Exxon, which has allegedly known the climate impacts of its business since the 1970s. States are investigating whether the company illegally misinformed its shareholders by failing to disclose this risk. The federal Securities and Exchange Commission is also investigating....
https://thinkprogress.org/rep-smith-cpp-subpoena-990767b5b704#.nf1v83ofm


Sunday, January 22, 2017

Trump's HHS pick introduced legislation to help medical device company days after investing in it

Immediately upon popular vote loser Donald Trump's decision to nominate Georgia Rep. Tom Price to be his health and human services secretary, Democrats pointed out there was a big ol' ethics problem there. Namely, he was making a lot of money off of shares in companies in the medical arena while legislating on issues affecting those companies. That concern escalated into calls for an SEC investigation to determine whether he's been dabbling in insider trading. That investigation now looks inevitable:...
http://www.dailykos.com/stories/1621242


Sunday, September 25, 2016

The SEC is reportedly investigating Exxon

The Securities and Exchange Commission (SEC) is reportedly investigating Exxon on allegations that the company is not accounting for the longterm risks of climate change.

According to multiple reports, Exxon might not be accurately valuing its assets during the current spate of low oil prices or, in the longer term, in the face of climate change disruptions and decreased fossil fuel use....
https://thinkprogress.org/sec-exxonknew-4bd7b1f68500#.vsr3p8g6a









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