Page 3 - Us Sec

Crypto wrap: Fed's rate hike comment, SEC cases drag Bitcoin to 3-month low

Bitcoin fell to its lowest in three months on Wednesday after US Fed's statement hinted that it may increase the rates in the upcoming policy announcements

Crypto wrap: Markets resilient amid SEC action against Binance, Coinbase

Despite the cases against two big crypto exchanges by the US SEC throughout the week, the crypto market cap was largely trading flat on Friday

US SEC charges Coinbase for operating as unregistered securities exchange

The Securities and Exchange Commission is charging Coinbase with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. Coinbase was also charged for failing to register the offer and sale of its crypto asset staking-as-a-service program. Users of trading platforms can stake their cryptocurrency, essentially locking up some of their assets, in exchange for payment later, much like earning interest rates in a savings account. Those assets are used by platforms like Coinbase Global to guarantee other transactions taking place on the blockchain. Coinbase has been critical of regulations related to staking, calling them vague. The SEC complaint also alleges that Coinbase's holding company, Coinbase Global Inc., is a control person of Coinbase and therefore is also liable for some of Coinbase's violations. Shares of Coinbase Global tumbled nearly 17% before the market open on Tuesday. The SEC, which had warned Coinbase

Crypto market cracks 5%, Bitcoin at 3-month low after US SEC sues Binance

In its complaint, the SEC alleged that Binance and Zhao had "free reign" over billions of dollars of crypto assets from the US

US SEC sues Binance, founder Zhao alleging securities law violations

The agency on Monday sued Binance and Zhao for failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls

US serves notice to Coinbase for allegedly breaking securities laws

Leading crypto exchange Coinbase has been put on notice by the US Securities and Exchange Commission for allegedly breaking securities laws

Credit Suisse Group reveals 'material' lapses in financial reporting

Credit Suisse was forced to delay the release of its annual report from last week after the Securities and Exchange Commission raised last-minute queries on cash-flow statements from 2019 and 2020

Crypto wrap: SEC's fine on Kraken poses wider threat to market, say experts

Following the SEC order, the crypto industry saw massive sellout, with Bitcoin falling nearly 4 per cent and Ethereum declining over 5 per cent in the last 24 hours

Wall Street's $43-trn stock trading to see major overhaul in over a decade

The regulator wants to reduce the rebates that exchanges can offer brokers in their own bid to pull more trades onto those platforms

Indian Railways may blacklist Oracle Corp if bribery claim proved

The US Securities and Exchange Commission (SEC), in a September 27 order, slapped Oracle with a fine of $23 million for breaking the Foreign Corrupt Practices Act that Indian Railway is investigating

Railways ministry launches probe into Oracle India corruption case

Oracle was fined $23 million by US SEC for paying bribes to officials of railway-owned PSU

Flipkart spent $1.1 billion from February to July, shows Walmart filings

The firm has also has been an active investor in the ecosystem and has a portfolio of investments in many companies

SEC fines Oracle $23 mn for bribing officials in India, Turkey, and UAE

Oracle India's employees used "an excessive discount scheme" in connection with a transaction with a transportation company, says the SEC order

Say on pay: Is your company's CEO worth it?

CEOs of American companies are gearing up to disclose if they're worth what they are being paid

Top executives at US companies face more scrutiny over pay in new SEC rule

Publicly traded firms will have to disclose additional details about how senior managers are paid, including performance incentives, the SEC said

US SEC files charges against several Indian-Americans for insider trading

The US SEC has filed insider trading charges against several Indian-Americans in connection with three separate schemes that together yielded more than $6.8 million in illicit gains

US SEC sends letter to Musk over tweets on $44 billion Twitter deal

Twitter experiences longest global outage in years

Tesla's Elon Musk files appeal to end SEC decree over Twitter posts

Musk, the world's richest person according to Forbes magazine, is trying to buy Twitter Inc for $44 billion

US SEC questions Musk over late disclosure about his stake in Twitter

The US Securities and Exchange Commission (SEC) is now after Tesla CEO Elon Musk over late disclosure about his substantial stake in Twitter.

Elon Musk's delay in disclosing Twitter stake triggers SEC probe

The Wall Street Journal reported on Wednesday that the SEC is investigating Musk's submission of a form that investors must file when they accumulate more than 5 per cent of a company