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SEC reportedly probing whether OpenAI CEO Sam Altman misled investors

The Securities and Exchange Commission is reportedly looking into internal communications sent by OpenAI chief Sam Altman as part of an investigation into whether he misled investors. Federal regulators subpoenaed the creators of ChatGPT in December for internal records of current and former OpenAI executives and board members, The Wall Street Journal reported, citing people […]

SEC Approves Trump’s Truth Social Deal Worth Up To $10B

This photo illustration shows an image of former President Donald Trump on a phone screen displaying the Truth Social app on February 21, 2022 in Washington, DC. – Donald Trump’s new social media app will begin a gradual rollout later on February 21st and should be “fully operational” by late March, one day after being […]

Trader Peter Brandt blasts SEC boss Gary Gensler once again – crypto.news

Trader Peter Brandt expressed doubts about U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler and the agency’s ability to adequately protect investors. Brandt highlighted Gensler’s involvement in the MF Global bankruptcy on social media. Brandt said Gensler allowed his clients to commingle their funds. He also singled out Gensler, who was chairman of the […]

VanEck admits ETF marketing violation, agrees to SEC fine – Cointelegraph

VanEck will pay a $1.75 million fine to resolve charges from the U.S. Securities and Exchange Commission (SEC) related to the 2021 launch of a social media-focused exchange-traded fund (ETF). The SEC imposed a civil penalty on the investment adviser. The SEC disclosed this in a document on February 16th. statement When launching the VanEck […]

Ripple v. SEC: Next Key Deadline to Watch in Crypto Legal Battle – U.Today

Read U.TODAY google news The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is intensifying as both parties prepare for the next critical deadline in the litigation. As Ripple and the SEC enter the “relief” phase of a lawsuit focused on institutional sales, future deadline In this case, it would […]

Marco Rubio Urges ‘Extraordinary’ SEC Scrutiny of Fast Fashion Giant Shein

Sen. Marco Rubio (R-Fla.) called U.S. Securities and Exchange Commission Commissioner Gary on Thursday after reports that Chinese online retailer Shein was selling women’s clothing at deep discounts.・A letter was sent to Mr. Gensler. He is seeking an initial public offering (IPO) on the U.S. stock market, warning that the company is subject to the […]

SEC approves Truth Social, Digital World merger

The Securities and Exchange Commission (SEC) has approved a merger between former President Trump’s media startup and a blank check company seeking to take his platform, Truth Social, public. Digital World Acquisition Corporation (DWAC) announced Wednesday that its registration statement for its merger with Trump Media & Technology Group (TMTG) has been declared effective. The […]

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