SEC leaders spar at testy House hearing
Republican members of the Securities and Exchange Commission on Tuesday sharply criticized the agency's operations under Democratic Chairman Gary Gensler, who defended his tenure in a joint address by all five commissioners. SEC Commissioner Hester Pierce, who has been mentioned as a possible replacement for Gensler under a second Trump administration, criticized the SEC’s approach […]
SEC plans to reprimand Musk for skipping testimony on Twitter takeover
The Securities and Exchange Commission (SEC) plans to discipline billionaire Elon Musk for missing scheduled testimony in September as part of an investigation into his $44 billion acquisition of Twitter Inc. The SEC said in a filing Friday that the Tesla CEO was scheduled to testify before three SEC lawyers on Sept. 10. One of […]
SEC approves options for BlackRock's spot Bitcoin ETF – Cointelegraph
The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of equity options in BlackRock’s Spot Bitcoin exchange-traded fund (ETF) on the Nasdaq. In a Sept. 20 notice, the SEC Approved Options on the iShares Bitcoin Trust will begin trading on Nasdaq under the ticker symbol IBIT. According to Nasdaq, the exchange […]
No. 1 Georgia ekes out narrow comeback victory over SEC rival Kentucky
LEXINGTON, Ky. — Branson Robinson scored a 3-yard game-winning touchdown early in the fourth quarter and top-ranked Georgia overcame a lackluster performance to beat Kentucky 13-12 on Saturday night before holding off the rest of the way. The Bulldogs (3-0, 1-0 SEC) couldn't find consistency on both offense and defense, letting the Wildcats trail 9-3 […]
SEC backtracks on ‘crypto asset securities’ claim in Binance suit – crypto.news
In an amended complaint against cryptocurrency exchange Binance and its former CEO Changpeng Zhao, the U.S. Securities and Exchange Commission said it never intended to classify cryptocurrencies as securities. While expanding Binance Litigation In response to the request to include the three additional tokens, the Securities and Exchange Commission withdrew the “cryptocurrency securities” assertion it […]
Can true freshman QB D.J. Lagway lead Florida to success in the SEC?
When it comes to a true freshman quarterback's collegiate debut, there won't be many performances that top five-star recruit DJ Lagway's 45-7 win over Samford in Week 2 against the Florida Gators. Lagway, who started in place of the injured Graham Mertz, didn't disappoint on Saturday, completing 72 percent of his passes for 456 yards […]
Ex-Labor Sec Nominee Says Those Who Follow Dems’ Economic ‘Talking Points’ Don’t ‘Deserve’ Credibility
Former Labor Secretary nominee Andy Puzder said on Fox Business on Friday after President Joe Biden announced billions of dollars in spending through the Inflation Control Act (IRA) that anyone who “listens” to Democrats' economic policy talking points “can't be trusted.” in Thursday's speech In Wisconsin, Biden announced that his administration would allocate $7.3 billion […]
6 credit rating agencies to pay over $49M over recordkeeping failures: SEC
Six credit rating agencies have agreed to pay a combined total of more than $49 million in civil penalties for allegedly violating record-keeping rules, the Securities and Exchange Commission said Tuesday. According to the SEC, Moody's Investors Service, S&P Global Ratings, Fitch Ratings, HR Ratings de Mexico, AM Best Rating Services and Demotec admitted to […]
Citadel’s Ken Griffin attacks SEC cash grab for surveillance
Hedge fund mogul Ken Griffin is reportedly leading a campaign to block U.S. regulators' efforts to force traders to fund a new market-surveillance system. Griffin's Citadel Securities wants to block new rules that would require investors to put money aside for a so-called integrated audit trail system that has already cost an estimated $1 billion. […]
Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit – Yahoo Finance
