Mark Uyeda, commissioner at the US Securities and Exchange Commission (SEC), speaks during the 2024 Financial Markets Quality Conference at Georgetown University in Washington, DC, US, on Tuesday, Sept. 17, 2024. Al Drago | Bloomberg | Getty Images The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency….
The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change where…
The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had an accumulated an active stake in Twitter, a secrecy that allowed him to buy shares at “artificially low prices.” Musk, who is also CEO of Tesla and SpaceX, purchased Twitter for…
Aytac Unal/ | Anadolu | Getty Images President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening. Trump did not receive any money for the gift of his 114,750,000 shares of Trump Media stock to…
