Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M June 1, 2023 The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle...
Amsterdam’s Phillips to Pay $62M to U.S. for China Sales Misconduct May 12, 2023 The U.S. Securities and Exchange Commission reported that Amsterdam-based health technology firm Koninklijke Philips N.V. will pay more than $62...
SEC Issues Largest Ever Whistleblower Award of $279M May 8, 2023 The U.S. Securities and Exchange Commission (SEC) has issued its largest ever award of nearly $279 million to a whistleblower...
Coinbase Files Legal Challenge to Push SEC to Write Rules on Crypto April 25, 2023 By Hannah Lang Coinbase Global Inc filed a petition on Monday in an effort to compel the U.S. Securities and Exchange Commission to...
Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say April 20, 2023 By Sabrina Willmer and Austin Weinstein Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the...
SEC Sees Decentralized Crypto Platforms as Exchanges, Seeks Public Input April 18, 2023 By Chris Prentice and Hannah Lang The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the...
Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry March 24, 2023 By Chris Prentice and Hannah Lang Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler...
Lindsay Lohan, Other Celebs Settle With SEC Over Crypto Case March 24, 2023 By Alex Veiga Actress Lindsay Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle...
Trade Group Argues SEC Case Unfairly Labels Crypto as Securities February 23, 2023 By Hannah Lang Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S....
Stablecoin Regulatory Crackdown Sends Warning to Industry February 22, 2023 By Hannah Lang The U.S. Security and Exchange Commission’s warning shot on Binance’s stablecoin over whether or not it is a security could...