SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal July 26, 2023 By Douglas Gillison Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents,...
Elon Musk to Appeal Loss in SEC Case to Supreme Court July 25, 2023 By Jonathan Stempel Elon Musk plans to ask the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority...
Law Firm Must Name Clients Affected by 2020 Cyberattack, Judge Says July 25, 2023 By Andrew Goudsward Covington & Burling must identify some clients caught up in a 2020 hack on the law firm to the U.S....
Founder of Crypto Lender Celsius Network Arrested, Charged With Fraud July 13, 2023 By Niket Nishant, Hannah Lang and Elizabeth Howcroft Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a...
Gensler Asserts SEC Authority Over Crypto as Opponents Waver July 11, 2023 By Allyson Versprille Gary Gensler’s Securities and Exchange Commission is filling the crypto regulatory void, and the industry and its backers on Capitol...
SolarWinds Executives Receive Wells Notice From SEC June 26, 2023 SolarWinds said on Friday some of its former and current executives had been issued a Wells notice by the U.S....
SEC to Weigh New Artificial-Intelligence Rules for Brokerages June 15, 2023 By Lydia Beyoud Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients. The...
SEC Sues Crypto Exchange Coinbase, One Day After Suing Binance June 7, 2023 By Jonathan Stempel The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency platform of operating illegally because...
SEC Sues Binance and Founder Zhao Over ‘Web of Deception’ June 6, 2023 By Hannah Lang, Jonathan Stempel and Tom Wilson U.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further...
SEC to Dismiss 42 Enforcement Cases After Internal Data Mishap June 5, 2023 By Pete Schroeder The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had...