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SEC pauses climate disclosure rule pending court challenge

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it is suspending implementation of a final rule requiring companies to disclose climate-related risks pending the outcome of legal challenges from Republican-led states. The SEC said in its ruling that the suspension does not represent a waiver of the rule and that it will continue […]

SEC moves to rein in huge crypto exchange with Coinbase

A federal judge in Manhattan said Wednesday that the U.S. securities regulator’s case against Coinbase could move forward, but dismissed one of the claims the agency had brought against the largest U.S. cryptocurrency exchange. . U.S. District Judge Katherine Polk Feira partially granted Coinbase’s motion to dismiss a Securities and Exchange Commission lawsuit alleging that […]

SEC scores big win in lawsuit against crypto exchange Coinbase – CNBC

The Securities and Exchange Commission has scored a major victory in its case against Coinbase. A judge ruled that the SEC’s claims that virtual currency exchanges engaged in unregistered sales of securities can be tried by a jury at trial. Coinbase shares fell about 2.5% on news of the ruling in Manhattan federal court. This […]