The Securities and Exchange Commission (SEC) has recently ended an investigation into online mortgage lender Better.com, allowing the company to continue operating without legal trouble. Better.com has been struggling financially and has been bleeding cash as it prepares to go public via a Special Purpose Acquisition Company (SPAC) vote. The SEC had opened the investigation… Continue reading SEC ends investigation into Better.com, which continues to bleed cash ahead of planned SPAC vote
Tag: sec
New SEC rules put a time limit on reporting hacks and data breaches
Companies of all sizes and industries now face a greater challenge in the wake of new Security and Exchange Commission (SEC) rules established this month. In the wake of the 2017 Equifax data breach and other massive hacks, the SEC is now putting a time limit on reporting hacks and data breaches. The new rules… Continue reading New SEC rules put a time limit on reporting hacks and data breaches
SEC puts Coinbase on notice and other TC news
Since officially launching in 2012, Coinbase has become one of the world’s most respected and trusted cryptocurrency exchanges. But, the venerable exchange may be in for some trouble after the U.S. Securities and Exchange Commission (SEC) put them on notice regarding potential action. In the first quarter of 2021, Coinbase’s stock price skyrocketed after the… Continue reading SEC puts Coinbase on notice and other TC news
Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months
Accenture, a global professional services company, filed with the U.S. Securities and Exchange Commission (SEC) to disclose plans to downsize its workforce by nearly 20,000 people over the next 18 months. This was revealed in a recent SEC filing, which was released on February 14th and comes at a time when the company is simultaneously… Continue reading Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months
Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’
Coinbase has been on the rise in recent weeks, with its stock price nearly doubling in the days leading up to its direct listing on April 14th. However, the cryptocurrency exchange’s stock price plummeted recently after it disclosed that it had received a Wells notice from the U.S. Securities and Exchange Commission (SEC). A Wells… Continue reading Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’
SEC sues Justin Sun for his crypto schemes, along with Lindsay Lohan, Jake Paul, and Soulja Boy
The Securities and Exchange Commission (SEC) has filed a lawsuit against Justin Sun and three other well-known celebrities, Lindsay Lohan, Jake Paul, and Soulja Boy for their part in a crypto scheme. The SEC has alleged involvement in a crypto scam and has accused them of participating in a fraudulent unregistered offering of digital asset… Continue reading SEC sues Justin Sun for his crypto schemes, along with Lindsay Lohan, Jake Paul, and Soulja Boy
SEC says Elon Musk still needs lawyer to approve his tweets
Recently, the US Securities and Exchange Commission (SEC) has made a shocking announcement that Tesla CEO Elon Musk will still need approval from lawyers before publishing tweets that are related to the company. This news comes in response to Musk’s frequent Twitter activity and its impact on Tesla’s stock value. Musk has been under the… Continue reading SEC says Elon Musk still needs lawyer to approve his tweets
SEC Complaint Says Do Kwon Transferred 10,000 Bitcoin From Terra to a Swiss Bank
The Securities and Exchange Commission (SEC), the U.S. government regulator responsible for protecting investors and ensuring compliance with capital market rules, has filed a complaint against Do Kwon, a South Korean national who allegedly transferred 10,000 Bitcoin (BTC) from Terra Exchange to a Swiss bank account. The complaint was filed in the U.S. District Court… Continue reading SEC Complaint Says Do Kwon Transferred 10,000 Bitcoin From Terra to a Swiss Bank
SEC Charges Crypto Firms Genesis and Gemini With Selling Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has charged two prominent cryptocurrency operations, Genesis Global Trading and Gemini Trust Company, with selling unregistered securities. This enforcement action highlights the regulatory scrutiny of these digital asset firms as the SEC looks to protect retail investors from fraud and manipulation. The SEC began its investigation into Genesis… Continue reading SEC Charges Crypto Firms Genesis and Gemini With Selling Unregistered Securities