SEC News

Amazon Faces Shareholder Vote on Treatment of Warehouse Workers

Follows SEC backing for vote after guidance change Filed by retail activist platform Tulipshare Amazon.com Inc., the world’s biggest retailer, will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after the top U.S. …

U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability

Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule would strip SPACs of legal safe harbor for projections Wall Street’s watchdog on Wednesday unveiled a draft new rule to …

SEC Claims Authority to Subpoena Elon Musk About Tweets

U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets, and that Musk’s move to throw out a 2018 court agreement that his tweets be pre-approved is not valid. The Securities and …

U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday passes later this year, according to industry …

Investors Say U.S. SEC Climate Disclosure Rule to Clarify ‘Mixed Bag’ of Data

Investors, including several who run environmentally focused funds, welcomed the U.S. government’s proposed new rule on corporate disclosure of climate-related risks and emissions, saying it would standardize reports that now are voluntary and vary widely in quality and breadth. The …

U.S. SEC Unveils Landmark Climate Change Risk Disclosure Rule

The U.S. securities regulator on Monday proposed requiring U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions, part of President Joe Biden’s push to join global efforts to avert climate-related catastrophes. The U.S. Securities and Exchange …

SEC Weighs Four-Day Deadline for Firms to Disclose Major Hacks

Companies would face more pressure to alert the public of hacks or other significant cybersecurity incidents under a new plan from the U.S. Securities and Exchange Commission. The SEC will consider a proposal on Wednesday that would require publicly-traded firms …

Wall Street Regulator to Propose Climate Risk Rule As Early As March 16, Say Sources

The U.S. Securities and Exchange Commission (SEC) plans to propose its landmark climate risk rule as early as Wednesday, March 16, said two people familiar with the agency’s planning. One of the people, who spoke anonymously about private agency plans, …

Tesla’s Many Dockets of Litigation Keep Lawyers and Judges Busy

Elon Musk generates a near-constant barrage of news headlines because of his tweets. It’s a lot to keep up with. Last week, he posted a Hitler meme, only to delete it hours later. On Wednesday, Musk claimed he’s been “building …

Elon Musk, Tesla Attack SEC for ‘Unrelenting’ Harassment

Tesla Inc. TSLA.O and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of harassing them with an “endless” and “unrelenting” investigation to punish Musk for being an outspoken critic of the government. The …