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Tag: SEC

SEC commissioner opposes bailout of cryptocurrency companies – Crisis highlights innovators, says

SEC commissioner opposes bailout of cryptocurrency companies – Crisis highlights innovators, says SEC commissioner opposes bailout of cryptocurrency companies – Crisis highlights innovators, says

By Steven Ehrlich US Securities and Exchange Commission (SEC) commissioner Hester Peirce is among those who believe the recent cryptocurrency crash could put the industry on a more sustainable footing. “When the situation is a little more difficult in the market, you find out who is really creating something that may or may not last […]

SEC tightens reporting for cryptocurrency exchanges

SEC tightens reporting for cryptocurrency exchanges SEC tightens reporting for cryptocurrency exchanges

Previously, at the request of the Commission, trading floors reported on assets on behalf of clients. Now the regulator plans to oblige exchanges to bear responsibility for clients’ assets. Thus, from now on, they must register clients’ cryptocurrencies as assets, and their liabilities as liabilities. The aim is to provide a consistent and transparent accounting […]

New summons to Tesla by the US Securities and Exchange Commission for Musk tweets

New summons to Tesla by the US Securities and Exchange Commission for Musk tweets New summons to Tesla by the US Securities and Exchange Commission for Musk tweets

Tesla has received a new summons from the US Securities and Exchange Commission (SEC) regarding the legendary tweets of Elon Musk in 2018, in which it expressed its desire to “take” the company out of the stock market. The SEC issued the summons on November 16, requesting information on Tesla’s corporate governance practices and its […]

Climate crisis investors putting money towards sustainable future

Climate crisis investors putting money towards sustainable future

The dangers of local weather change are already impacting traders, with more and more frequent local weather disasters like wildfires, drought, flooding and heatwaves threatening enterprise operations and properties the world over.   Many traders are actually selecting to funnel their cash into investments that handle local weather change danger, and asset managers are dashing […]