Wall Street in Quandary Over New SPAC Equity Contracts After SEC Crackdown June 10, 2021 By Chris Prentice Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check...
SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield April 28, 2021 By Anirban Sen, Chris Prentice and Joshua Franklin U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when...
SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters March 25, 2021 By Chris Prentice The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on...
Analysis: SEC’s Crackdown on Climate Risk Disclosure Easier Said Than Done March 18, 2021 By Chris Prentice and Ross Kerber With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead...
Wells Fargo to Pay $3B to U.S. to Settle Fake Accounts Scandal February 24, 2020 By Chris Prentice, Pete Schroeder and Imani Moise Wells Fargo & Co. has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices...
SEC Enforcement Activity Up From Last Year; One Case Affected 8,400 Investors November 7, 2019 By Pete Schroeder and Chris Prentice Enforcement activity by the U.S. Securities and Exchange Commission in fiscal 2019 resulted in $4.3 billion in fines and disgorgements,...
Thousands of Safer Ethanol Rail Tank Cars Sit Idle: Reuters March 17, 2017 By Chris Prentice and Jarrett Renshaw While crossing a small wooden bridge in northwestern Iowa last Thursday, 20 rail tank cars in a mile-long train transporting...
Health Official: Zika Virus Could Spread Across U.S. Gulf States August 23, 2016 By Chris Prentice One of the top U.S. public health officials on Aug. 21 warned that the mosquito-borne Zika virus could extend its...
El Nino Could Strike as Early as Summer Says U.S. Forecaster CPC March 7, 2014 By Chris Prentice The much-feared El Nino phenomenon, the warming of sea surface temperatures in the Pacific which can trigger drought in Southeast...