Sec

OpenAI whistleblowers urge US SEC to investigate restrictive NDAs

The AI company made employees sign agreements that required them to waive their federal rights to whistleblower compensation, according to the letter seen by the Washington Post

822 companies of central forces for Bengal rural polls: SEC to Calcutta HC

The State Election Commission (SEC) on Friday informed Calcutta High Court that it has requisitioned 485 companies of central forces in addition to 337 companies already asked for, taking the total to 822 companies for the July 8 panchayat polls in West Bengal. Hearing a contempt petition that the high court's orders were willfully disobeyed by the commission, a division bench presided by Chief Justice T S Sivagnanam directed the SEC to file an affidavit stating whether it has complied with the court's orders with regard to holding free and fair panchayat polls or there was any attempt to make the orders unworkable at different stages. SEC counsel Kishore Dutta submitted before the bench that the commission has sent a letter to the Union Home ministry seeking 485 companies of central forces in addition to the requisition already sent for 315 and 22 companies, taking the total to 822 companies. The court had on June 21 directed the SEC to requisition more than 82,000 central forces .

Justice Department, SEC to probe into collapse of Silicon Valley Bank

The Justice Department and the Securities and Exchange Commission have launched investigations into the collapse of Silicon Valley Bank, a person familiar with the matter told The Associated Press. The investigations - which are separate inquiries - are in the early stages and will also examine the actions of the bank's senior executives, the person said. The Justice Department's investigation involves federal prosecutors in California, along with prosecutors involved in fraud cases, the person said. The person was not authorized to publicly discuss the specific details of the ongoing investigations and spoke to the AP on condition of anonymity.

US President Joe Biden's SEC nominee vows review of GameStop trading issues

As many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities, Yes Bank said in a regulatory filing

SEC chief to step down when Obama leaves office

Mary Jo White has stepped to the front of the line of financial regulators moving aside for Donald Trump's administration