States Take Aim at SEC’s New Broker-Dealer Adviser Rule September 11, 2019 By Erik Larson New York and a half dozen other states accused the Securities and Exchange Commission of botching a final regulation intended...
Safe Auto in Ohio Files Registration Statement with SEC for IPO May 20, 2019 Columbus, Ohio-based Safe Auto Insurance Group Inc. announced it has filed a registration statement on Form S-1 with the U.S....
Company Denies Responsibility for Vermont Ski Resort Fraud March 19, 2019 The former owner of Vermont’s Jay Peak resort is fighting claims from a court-appointed receiver that it should pay millions...
SEC Sues VW, Ex-CEO over Diesel Emissions Scandal, Alleging Massive Investor Fraud March 15, 2019 By David Shepardson and Edward Taylor The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the...
Supreme Court Weighs Liability for Sharing Fraudulent Securities Information December 4, 2018 By Andrew Chung U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for...
Bipartisan Senate Bill Would Regulate Proxy Advisors November 15, 2018 By Michelle Price Six U.S. senators on Wednesday introduced a bill that would require the U.S. securities watchdog to directly regulate firms such...
New York Says Exxon Misled Investors About Climate Risks October 26, 2018 By Cathy Bussewitz New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks...
Settlement with Tesla’s Musk Reflects SEC Strategy of Targeting Individual Executives October 1, 2018 By Michelle Price and Liana B. Baker A high-profile settlement with Tesla Inc. Chief Executive Elon Musk exemplifies a recent push by the U.S. Securities and Exchange...
SEC Public Company Actions, Settlements Continue to Decline May 17, 2018 Securities and Exchange Commission enforcement actions against public companies and their subsidiaries continued their downward trend through the first half...
Group Urges SEC Probe of California, Cites Climate Hypocrisy February 7, 2018 By Christopher Flavelle California officials are downplaying the risks of climate change to bond investors while citing those same risks as the basis...