The SEC argued in a Jan. 15 filing to the Second Circuit Appeals Court that a New York District Court was wrong to rule that XRP (XRP) sold to retail investors wasn’t an unregistered securities ...
Paul Atkins, Trump's crypto-friendly pick for SEC chair and former agency commissioner, is widely expected to end a crypto crackdown led by President Biden's Democratic SEC chair Gary Gensler ...
According to a Jan. 15 Reuters report citing “people briefed on the matter,” the SEC may review its existing court cases against crypto firms in the first few days after US President-elect ...
Musk has called the SEC "just another weaponized institution doing political dirty work." Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd ...
The complaint alleges Musk "failed to timely file with the SEC a beneficial ownership report" disclosing his purchase of Twitter shares before he announced his ownership of the company.
Investors who acquire more than 5 percent of a public company are required to disclose their stakes to the SEC within 10 days of hitting that threshold. The SEC claims that Musk made his stake in ...
This time last year, the SEC was preparing to enter the year of the returning quarterbacks: Quinn Ewers, Jalen Milroe, Carson Beck, Jaxson Dart and Brady Cook all were ranked in the top 20 ...
Musk has called the SEC "just another weaponized institution doing political dirty work." Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd ...
The SEC’s lawsuit, filed in federal court in the District of Columbia, says Musk’s delayed disclosure of his ownership allowed him to save more than $150 million on buying Twitter stock.
The Securities and Exchange Commission (SEC) sued Tesla (TSLA) CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter in early 2022—allowing him to "underpay by at least $150 ...
By mid-March 2022, he owned more than 5% of the company’s common stock and was required to disclose that to the SEC within 10 calendar days. The filing alleged that Musk failed to disclose that ...
Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and April 1, 2022 ...