SEC
US SEC rejects Apple bid to block shareholder proposal on forced labour
The US Securities and Exchange Commission has declined an effort by Apple Inc to skip a shareholder proposal asking tech titan to provide greater transparency in its efforts to kee...
Reddit jumps on IPO bandwagon with confidential filing
Reddit Inc, whose message boards became the go-to destination for day traders during this year’s meme stock frenzy, has said it had confidentially filed for an initial public...
US financial regulators investigate Trump social media deal
Wall Street’s top financial regulators are investigating former US President Donald Trump’s $1.25 billion deal to float his new social media venture on the stock market...
Didi’s New York exit a further blow to Chinese listings in US
Ride-hailing giant Didi Global’s plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ li...
Facebook’s struggle with Gateway Pundit highlights key challenge
For years, Facebook has imposed sanctions on controversial Conservative news outlet Gateway Pundit’s account to limit the spread of what its critics describe as misinformation.
Sources: President Trump’s social media venture seeks $1 billion raise
Controversial former President Donald J Trump’s new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several t...
Former Apple worker inspires Washington state measure seeking to curb NDAs
A former Apple Inc employee who had filed a whistleblower complaint related to Apple’s use of non-disclosure agreements (NDAs) has inspired draft legislation in Washington st...
Robinhood, others win dismissal of meme stock ‘short squeeze’ lawsuit
A US judge dismissed a lawsuit accusing Robinhood Markets and other brokerages of wrongly preventing retail investors from buying fast-rising “meme stocks,” triggering ...
US securities regulator halts Wyoming crypto firm’s tokens
The US securities regulator has halted registration for two digital tokens offered by Wyoming-based American Cryptofed DAO LLC, accusing the company of providing misleading informa...
SolarWinds investors allege board knew about cyber risks
SolarWinds Corp investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that...
US futures-based bitcoin ETF rises in first day of trading, bitcoin nears record
The first US bitcoin futures-based exchange-traded fund began trading yesterday, sending bitcoin to a six-month high and just off its all-time peak, as traders bet the ETF could bo...
Why did the SEC release a report on GameStop?
The The SEC has released a report examining the frenzied trading in shares of retailer GameStop Corp, and other ‘meme’ stocks, in January, and recommended some areas fo...
US SEC praises equity market structure, absolves short sellers in GameStop report
The US markets functioned well during January’s GameStop volatility, while short selling was not the main cause of the unprecedented rise in the ‘meme stock,’ acc...
Bitcoin hovers near 6-month high on ETF hopes, inflation worries
Bitcoin hovered near a six-month high Monday morning on hopes that US regulators would soon allow cryptocurrency exchange-traded funds to trade, while global inflation worries also...
US SEC charges BitConnect founder with $2 billion cryptocurrency fraud
The top US securities regulator has sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion f...