The Securities and Exchange Commission reversed a controversial accounting rule Thursday, which had helped deter banks from participating in crypto services. Why it matters: The move to rescind the ...
The notice from SEC staff wasn’t legally binding, but companies tend to take such guidance as writ rather than suggestion.
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He’s the world’s richest person, buddies with President-elect Donald Trump and now faces a fresh US regulatory lawsuit that raises questions about how the incoming administration will handle t ...
Notably, the surge came after the SEC filed an appeal to a 2023 ruling in its case against Ripple, the largest corporate holder of XRP. The Wall Street regulator officially filed an appeal to a ...
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 ...
The Securities and Exchange Commission (SEC) has filed its opening brief to escalate its legal battle against blockchain-based digital payment network Ripple. Court documents reveal the regulator ...
As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his ownership of more than 5% of Twitter’s shares.
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 ...
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The SEC on Wednesday filed an opening brief in its efforts to get the US Court of Appeals for the 2nd Circuit to overturn a previous court ruling that found XRP was not classified as a security when ...