Tag: U.S. Securities and Exchange Commission

Slammed for bribery, Siemens continued to ignore red flags

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German engineering giant Siemens ignored some of its own red flags for foreign bribery in the aftermath of a major corruption scandal in 2008,...

A year out, $60M bribery scandal felt in business, politics

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COLUMBUS, Ohio — The arrests one year ago Wednesday of then-Ohio House Speaker Larry Householder and four associates in connection with an alleged $60...

Pershing Square SPAC exits Universal Music deal

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Billionaire Bill Ackman is walking away from a deal announced last month that would have given him a 10% stake in Universal Music Group,...

NJ Attorney General Gurbir Grewal stepping down to join SEC

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TRENTON, N.J. — New Jersey Attorney General Gurbir Grewal, the nation's first Sikh state attorney general, is resigning to join the Securities and Exchange...

Top US regulators pledge to seek reforms for money markets

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WASHINGTON — Top regulators pledged Friday to push reforms in a key corner of U.S. financial markets that the Federal Reserve and Treasury had...

Bruised but unbowed, meme stock investors are back for more

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NEW YORK — After feeling the thrill of victory early this year by singlehandedly causing GameStop’s stock to soar — only to get crushed...

Bruised but unbowed, meme stock investors are back for more

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NEW YORK — After feeling the thrill of victory early this year by singlehandedly causing GameStop’s stock to soar — only to get crushed...

Ohio utility gets SEC subpoena regarding tainted energy bill

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CLEVELAND — The electric utility AEP Ohio said Tuesday that the Enforcement Division of the U.S. Securities and Exchange Commission has subpoenaed documents related...

AMC stock roils again on potential 11.6M share sale

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AMC may sell up to 11.6 million of its shares with a trading phenomenon pushing stock in the movie theater chain up almost 3,000%...

SEC says group illegally raised $2B in crypto offering

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WASHINGTON — Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion...