Vanguard fined more than $100 million by SEC over violations involving target date retirement funds – CNBC
The Vanguard Group logo appears on communications from Zelinople, Pennsylvania. Keith Slakočić | AP Wealth management giant Vanguard has been fined more than $100 million. Pay the fee The Securities and Exchange Commission made an announcement Friday regarding disclosures regarding target date investment funds. The violations stem from a 2020 change in which Vanguard lowered […]
Crypto bros won’t throw off yoke of SEC regulations despite backing Trump
Cryptocurrency businesses, from top executives to individual holders, like to credit Donald Trump's surprise victory in November's presidential election with a margin of victory. Mr. Trump, of course, has used cryptocurrencies for votes and money, and has promised lighter regulatory measures than those imposed by Securities and Exchange Commission Commissioner Gary Gensler. Whether it's true […]
Trump Treasury Sec Nominee Fires Back At Dem Sen Who Tries Gotcha Question On ‘Clean Energy’ Race With China
Treasury Secretary nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden during his confirmation hearing Thursday that the United States is not in a clean energy “arms race” with China. President-elect Donald Trump intends to direct unused funds from President Joe Biden's climate change law, the Inflation Control Act (IRA), to infrastructure spending, the Daily […]
SEC Delays Decision on Bitwise’s Proposed Crypto Index ETF Until March – The Daily Hodl
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on asset management company Bitwise's proposed cryptocurrency index exchange-traded fund (ETF) until March of this year. Bloomberg ETF analyst James Seifert said in a post on social media platform say Regulators are delaying a decision on whether to allow Bitwise to convert its 10 […]
SEC Won't Postpone Ripple Lawsuit Appeal Until After Gensler's Departure – Decrypt
The leadership of the U.S. Securities and Exchange Commission (SEC) is scheduled to change on January 20, but that will not change the regulator's plans to proceed with enforcement cases. Ripple Chief Legal Officer Stuart Alderotti tweeted On January 14, the SEC announced that it had refused to postpone the hearing on appeal of the […]
Trump’s Energy Sec Pick To Unveil Three-Pronged ‘Energy Dominance’ Plan In First Senate Hearing
President-elect Donald Trump's nominee for energy secretary, Chris Wright, is expected to unveil three immediate goals during a hearing Wednesday morning that will begin the confirmation process. Wright — Founder and CEO of liberty energy In his first hearing before the Senate Energy and Natural Resources Committee, he spoke of restoring America's energy dominance in […]
Dem senator who bashed Hegseth’s qualifications stands by DOD sec who oversaw botched Afghan withdrawal
First appearance on Fox: Democratic senators said Tuesday that if Defense Secretary Lloyd Austin took a number of controversial actions and repeatedly criticized him earlier in the day over the qualifications of President Trump's defense secretary nominee Pete Hegseth, He acknowledged that he would again support the defense secretary's confirmation if a vote were held […]
Biden’s SEC Files Lawsuit Against Elon Musk
The Securities and Exchange Commission (SEC) announced Tuesday that it has filed an enforcement action against Department of Government Efficiency Co-Chairman Elon Musk over his acquisition of Company X, according to a lawsuit release. In October 2022, Musk announced that X, formerly known as Twitter, would lose its sole Became the owner. in Waiver of […]
Elon Musk sued by SEC over 2022 Twitter stock purchases
Elon Musk spoke out about DOGE's cost-saving potential during a livestream with Stagwell CEO Mark Penn. The U.S. Securities and Exchange Commission (SEC) filed a lawsuit this week against former Twitter owner Elon Musk X over his purchase of Twitter stock in 2022. The complaint alleges that Musk failed to timely disclose that he had […]
SEC sues Musk, alleging Twitter-related securities violation
The Securities and Exchange Commission (SEC) has charged tech billionaire Elon Musk with securities fraud by failing to disclose his ownership stake in Twitter Inc. According to the SEC's complaint filed Tuesday in Washington, D.C. District Court, Musk provided information that allowed him to underpay for Twitter stock he purchased “after the deadline for filing […]