Securities And Exchange Commission

Biden Names Allison Herren Lee As Chief Of US Market Regulator

World News | Reuters | Friday January 22, 2021

U.S. President Joe Biden has named U.S. Securities and Exchange Commission Commissioner Allison Herren Lee, a Democrat, as acting chief of the financial industry regulator, the SEC said in a statement.

Telegram to Pay $18.5 Million, Return Investor Money to Settle US SEC Charges

Reuters | Saturday June 27, 2020

Telegram Group has agreed to return $1.2 billion (972.84 million pounds) to investors and pay an $18.5 million civil penalty to resolve charges over an unregistered digital token coin offering, the US Securities and Exchange Commission (SEC) said on Friday.

Indian Silicon Valley Techie, Friends Charged With Insider Trading In US

Indians Abroad | Press Trust of India | Thursday December 19, 2019

An Indian IT professional and his four friends have been charged by the Securities and Exchange Commission (SEC) with insider trading for repeatedly trading on confidential earnings information about a Silicon Valley cloud-computing company, reaping millions of dollars in trading profits.

WeWork Said to Be Facing US SEC Inquiry Into Possible Rule Violations

Matt Robinson, Robert Schmidt, Ellen Huet, Bloomberg | Saturday November 16, 2019

WeWork is drawing scrutiny from the US Securities and Exchange Commission over whether the co-working company violated financial rules in the run-up to its failed initial public offering.

Infosys Says No Prima Facie Evidence On Whistleblower Complaints

Business | Reuters | Tuesday November 5, 2019

Infosys said last month that the US Securities and Exchange Commission (SEC) had launched a probe into whistleblower claims that the software services firm used "unethical practices" to boost revenue and profit.

Fiat Chrysler To Pay $40 Million Over Inflated Sales Figures

Reuters | Saturday September 28, 2019

Fiat Chrysler Automobiles NV and its U.S. unit will pay $40 million for misleading investors about its monthly sales figures and will resolve a lengthy probe by the U.S. Securities and Exchange Commission (SEC).

U.S. Judge Urges Volkswagen, SEC To Resolve Civil Dieselgate Suit

NDTV | Saturday August 17, 2019

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its Dieselgate emissions scandal.

Indian IT Contractor Charged With Insider Trading In US To Pay $800,000 Fine

Indians Abroad | Press Trust of India | Friday June 28, 2019

An Indian IT contractor has agreed to settle insider trading charges brought against him by the Securities and Exchange Commission (SEC) by paying nearly $800,000 in penalties.

Former Indian CEO Charged In US With Securities Fraud

Indians Abroad | Press Trust of India | Thursday June 6, 2019

An Indian ex-CEO of a publicly traded American fintech firm has been charged for orchestrating a multi-million dollar accounting fraud to inflate the revenue of the now-defunct cryptocurrency company to get it listed on the Nasdaq, a US attorney has said.

Kik Sued by US SEC for 'Illegal' Initial Coin Offering

Reuters | Wednesday June 5, 2019

US Securities and Exchange Commission sued Kik on Tuesday, alleging it conducted an illegal $100 million securities offering of digital tokens in 2017.

Tesla CEO Elon Musk Strikes Deal With US Market Regulators Over Tweets

World News | Agence France-Presse | Saturday April 27, 2019

Elon Musk and US stock market regulators told a US court on Friday that they have reached a deal to settle their differences over the Tesla chief executive's Twitter use.

Tesla's Elon Musk, US SEC Get Another Week to Work Out Deal on Twitter Use

Reuters | Friday April 19, 2019

Telsa CEO Elon Musk and the US Securities and Exchange Commission will get another week to settle a dispute over Musk's use of Twitter, a federal judge ruled Thursday.

Tesla's Musk, US SEC Ordered by Judge to Meet for an Hour on New Settlement

Reuters | Saturday April 6, 2019

A federal judge in Manhattan on Friday ordered Tesla Chief Executive Elon Musk and the US Securities and Exchange Commission to meet for at least an hour.

Put Your "Reasonableness Pants On", Judge Tells Elon Musk

World News | Indo-Asian News Service | Friday April 5, 2019

A US District Court judge has asked electric car maker Tesla, its CEO Elon Musk and the Securities and Exchange Commission (SEC) to iron out their differences within two weeks and come with a new resolution.

Elon Musk, US SEC Get 2 Weeks to Settle Case Over Tesla CEO's Tweets

Faiz Siddiqui, Renae Merle, The Washington Post | Friday April 5, 2019

A US federal judge on Thursday ordered Elon Musk and the US Securities and Exchange Commission to meet over the next two weeks to settle their dispute over the Tesla CEO's use of Twitter.