SEC Ramps Up Massive-Hack Probe With Focus on Tech, Telecom Companies March 27, 2024 By Ava Benny-Morrison and Austin Weinstein The US Securities and Exchange Commission is asking tech and telecom companies how they handled the sprawling 2020 SolarWinds cyberattack,...
SEC Charges 2 Investment Firms, Doles Out $400,000 in Fines, for ‘AI Washing’ March 21, 2024 By Chad Hemenway The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to “AI washing.”...
Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges March 19, 2024 By Chris Prentice Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold...
Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules March 15, 2024 By Clark Mindock A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public...