Posts filtered by tags: Sec.[x]


 

SEC chief readies 'woke' rules and plan to curtail market's 'gamification'

Securities and Exchange Commission Chairman Gary Gensler unveiled an ambitious list of proposed reforms Friday including guidelines for “woke” corporate disclosures and rules to curtail the “gamification” of Wall Street as he embarks on his tenure as Wall Street’s top cop.
Tags: Finance, Article, SEC, Securities And Exchange Commission, FBN, Gary Gensler, Charles Gasparino, Fbn/markets, FOXBusiness, Fox-business/investing-and-transactions, Fox-business/markets/us-markets, Fox-business/politics/sec, Eleanor Terrett, Fox-business/money/legal, 07e061bd-060f-50c7-b648-5722a6c1a516


Investor Michael Brown, newly elected to chair the powerful lobbying group NVCA, shares his agenda

Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-old trade group — and what issues he sees as top of mind right now for the many American VCs he is now representing. TC: VCs are always concerned about tax treatments, but these are obviously even more t...
Tags: TC, Congress, California, Washington, America, Tech, Joe Biden, United States, Venture Capital, Michael Brown, SEC, Pfizer, Biden, National Venture Capital Association, Battery Ventures, Trump


Michael Brown, the new chair of the powerful lobbying group NVCA, shares his agenda

Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-old trade group — and what issues he sees as top of mind right now for the many American VCs he is now representing. TC: VCs are always concerned about tax treatments, but these are obviously even more t...
Tags: Startups, TC, Congress, California, Washington, America, Joe Biden, United States, Venture Capital, Michael Brown, SEC, Pfizer, Biden, National Venture Capital Association, Battery Ventures, Trump


Michael Brown, the new chair of the powerful lobbying group NVCA, shares its agenda

Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-old trade group — and what issues he sees as top of mind right now for the many American VCs he is now representing. TC: VCs are always concerned about tax treatments, but these are obviously even more t...
Tags: TC, Congress, California, Washington, America, Tech, Joe Biden, United States, Venture Capital, Michael Brown, SEC, Pfizer, Biden, National Venture Capital Association, Battery Ventures, Trump


Investor Michael Brown, the new chair of the powerful lobbying group NVCA, shares its agenda

Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-old trade group — and what issues he sees as top of mind right now for the many American VCs he is now representing. TC: VCs are always concerned about tax treatments, but these are obviously even more t...
Tags: Startups, TC, Congress, California, Washington, America, Joe Biden, United States, Venture Capital, Michael Brown, SEC, Pfizer, Biden, National Venture Capital Association, Battery Ventures, Trump


An Amazon employee's husband was sentenced to prison for insider trading- and earning a $1.4 million profit

Securities and Exchange Commission at the SEC in Washington on Thursday, March 28, 2019. Bill Clark/CQ Roll Call A former Amazon employee's husband was sentenced after pleading guilty to insider trading. Between 2016 and 2018, Viky Bohra illegally traded Amazon stock for a profit of $1.4 million. Bohra used confidential financial information ahead of eleven straight earnings announcements. See more stories on Insider's business page. The husband of a former Amazon employee was sent...
Tags: Amazon, Law, Washington, US, Trends, Markets, SEC, Seattle, Securities And Exchange Commission, Insider Trading, The Seattle Times, Western District of Washington, Bill Clark, Bohra, Tech Insider, DOMINICK REUTER


The CEO of Reddit darling Palantir was the highest paid chief executive of a public company last year

Palantir, under CEO Alex Karp's leadership, is continuing its push into life sciences after a raft of pandemic-related government deals. Drew Angerer/Getty Images Alexander Karp was awarded a compensation package worth $1.1 billion in 2020. The CEO has sold more than $300 million of Palantir stock in 2021 alone. Karp's total compensation was roughly 8,943 times greater than that of his average employee. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Alexa...
Tags: Trends, Reddit, SEC, Amd, Palantir, Alex Karp, Centers for Disease Control, Steven Cohen, Tony Xu, Lisa Su, Equilar, Karp, Payscale, IBM Amazon, Alexander Karp, Will Daniel


SEC tells investors to be wary of bitcoin futures due to volatility and fraud, as regulators ramp up crypto scrutiny

Gary Gensler heads the Securities and Exchange Commission. Photo by Chip Somodevilla/Getty Images The SEC warned investors over bitcoin futures, saying the cryptocurrency is volatile and speculative. It also said the market lacked regulation and had the potential for fraud and manipulation. Regulators around the world are stepping up their scrutiny of the market as bitcoin booms. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The US market regulator has warned in...
Tags: US, Trends, SEC, Cnbc, Securities And Exchange Commission, Gary Gensler, Greg King, Harry Robertson, Commodity Futures Trading Commission Among


United States: SEC Charges Couple With Insider Trading - Cadwalader, Wickersham & Taft LLP

The SEC charged two individuals with insider trading in connection with a biopharmaceutical company's announcement of negative clinical trial results.
Tags: News, United States, SEC, Taft LLP


United States: SEC Chair Gary Gensler Directs Staff To "Freshen Up" Insider Trading Rule - Cadwalader, Wickersham & Taft LLP

In remarks before the Chief Financial Officer Network Summit, SEC Chair Gary Gensler reported that he directed staff to develop recommendations for revising SEA Rule 10b5-1 ("Trading 'on the Basis of' Material Nonpublic Information in Insider Trading Cases").
Tags: News, United States, SEC, Gary Gensler, Taft LLP


United States: SEC Removes PCAOB Member, Seeks Candidates For All Board Positions - Cadwalader, Wickersham & Taft LLP

The SEC removed William D. Duhnke III from the Public Company Accounting Oversight Board ("PCAOB"), and directed the Office of the Chief Accountant to solicit applications for candidates to all five of the board positions.
Tags: News, United States, SEC, PCAOB, Taft LLP, Public Company Accounting Oversight Board PCAOB, William D Duhnke III, All Board Positions Cadwalader Wickersham


United States: Gensler Plans To "Freshen Up" Rule 10b5-1 - Cooley LLP

Yesterday, in remarks before the WSJ's CFO Network Summit, SEC Chair Gary Gensler scooped the Summit with news of plans to address issues he and others have identified in Rule 10b5-1 plans.
Tags: News, United States, SEC, WSJ, Gensler, Gary Gensler, Cooley LLP


United States: Chair Gensler On 10b5-1 Trading Plans - Mayer Brown

Today, speaking at a conference, Securities and Exchange Commission Chair Gary Gensler shared some thoughts regarding Rule 10b5-1 plans and how the SEC might "freshen up" the rule.
Tags: News, United States, SEC, Securities And Exchange Commission, Gary Gensler, Mayer Brown


GameStop plunges 27% as company says it plans to sell up to 5 million shares and discloses SEC request for information on trading activity

Nick Zieminski/Reuters GameStop dropped 27% on Thursday on the company's plans to sell additional shares and as the SEC looks into trading activity of its stock. The video-game retailer, whose shares are part of a meme-stocks rally, said it will cooperate with the SEC's inquiry. The company could sell up to 5 million shares. See more stories on Insider's business page. GameStop sank by nearly 30% on Thursday after the video game retailer said it may sell millions of shares a...
Tags: Trends, Markets, SEC, Gamestop, Securities And Exchange Commission, FactSet, SEC Investigation, Carla Mozee, AMC Entertainment, Gamestop stock price, GME stock price, WallStreetBets, Meme stocks, MI Exclusive, Q1 Earnings, GameStop SEC


Companies are going public more than ever - here's how to buy IPO stock

Both 2020 and 2021 have produced record numbers of IPOs. See how to buy IPO stock. Tim Robberts IPOs trade on exchanges like NYSE and NASDAQ, and you can purchase them through online brokerages. Generally speaking, IPOs are a risky investment. Companies also go public through "direct listings" or special purpose acquisition companies (SPACs). Visit Insider's Investing Reference library for more stories The market for newly public companies is an exciting one. Who wouldn't want to e...
Tags: Ipo, US, Trends, SEC, Fidelity, Nasdaq, Nyse, SPAC, Baker McKenzie, IOI, US Securities and Exchange Commission SEC, Rickie Houston, SPACs Visit Insider s Investing Reference, IOI Brokerages


Clean Energy Fuels stock sinks 17% after the company's largest shareholder cuts its stake by 10 million shares

Clean Energy Fuels Clean Energy Fuels stock sank as much as 17% on Thursday. The fall came after the company's largest shareholder, TotalEnergies, sold more than 10 million shares. TotalEnergies still holds 53.4 million shares of Clean Energy Fuels. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Clean Energy Fuels stock sank as much as 17% on Thursday after regulatory filings revealed the company's largest shareholder, TotalEnergies SE, cut its stake by ...
Tags: Trends, Reddit, SEC, Newport Beach, FuelCell Energy, Needham Company, Clean Energy Fuels, Will Daniel, Shares of Clean Energy Fuels, Clean Energy Fuels Clean Energy Fuels, Opening Bell Clean Energy Fuels, TotalEnergies, Clean Energy Fuels Sign, ShortSqueeze com Clean Energy Fuels


GameStop tumbles 22% as company says it plans to sell up to 5 million shares and discloses SEC request for information on trading activity

Nick Zieminski/Reuters GameStop dropped 22% on Thursday on the company's plans to sell additional shares and as the SEC looks into trading activity of its stock. The video-game retailer, whose shares are part of a meme-stocks rally, said it will cooperate with the SEC's inquiry. The company could sell up to 5 million shares. See more stories on Insider's business page. GameStop slumped more than 20% Thursday after the video game retailer said it plans to potentially sell mil...
Tags: Trends, Markets, SEC, Gamestop, Securities And Exchange Commission, FactSet, SEC Investigation, Carla Mozee, AMC Entertainment, Gamestop stock price, GME stock price, WallStreetBets, Meme stocks, MI Exclusive, Q1 Earnings, GameStop SEC


AMC board members cash in another $4.8 million worth of shares as meme-stock madness pushes the stock to eye-watering heights

Associated Press AMC Entertainment board members sold $4.8 million worth of shares this week, SEC filings showed. Howard Koch Jr. took home $1.6 million, and four others sold almost $1 million each. AMC executives and directors have sold about $13 million worth of shares in two weeks. See more stories on Insider's business page. AMC Entertainment board members dumped shares for a $4.8 million profit this week, adding to the company insiders selling as the stock price of the retail-tra...
Tags: Amc, Trends, Markets, Reddit, SEC, Philip Lader, AMC Entertainment, Wednesday Securities and Exchange Commission, Adam Sussman, Mudrick Capital, Natasha Dailey, WallStreetBets, Wall Street Bets, Meme stocks, Insider Sales, MI Exclusive


Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager

BlackRock Chief Executive Larry Fink. AP BlackRock, the largest money manager, is an increasingly influential player in Washington, DC. Insider has rounded up a rundown of fast facts to know about BlackRock. Sign up for the Insider Finance daily newsletter. BlackRock, the world's largest investment manager, has become an increasingly influential Wall Street player in Washington, DC as a poster child of the revolving door between finance and politics.The firm has hired notable policy...
Tags: Google, Japan, New York, Obama, California, China, US, Barack Obama, Trends, Linkedin, Bloomberg, Joe Biden, Aig, Hillary Clinton, Washington Dc, New York Times


GameStop stock falls sharply amid 5M-share sales plan, SEC investigation

Retailer names Amazon vets to executive team amid e-commerce turnaround plans.
Tags: Amazon, SEC, Gamestop


AMC board members cash in another $4.8 million of shares as meme-stock madness pushes the stock to eye-watering heights

Associated Press AMC Entertainment board members sold another $4.8 million worth of shares this week, SEC filings show. Howard Koch Jr. took home $1.6 million alone, as the four others sold almost $1 million each. Including sales from last week, AMC executives and directors have sold about $13 million of shares. See more stories on Insider's business page. Five of AMC Entertainment's board members dumped shares for a $4.8 million profit this week, adding to the number of company ...
Tags: Amc, Trends, Markets, Reddit, SEC, AMC Entertainment, Adam Sussman, Mudrick Capital, Natasha Dailey, WallStreetBets, Wall Street Bets, Meme stocks, Insider Sales, MI Exclusive, Retail Traders, Saich


SEC pursuing broad review of stock-market structure, chairman says

The Securities and Exchange Commission is considering changing rules that govern how U.S. stocks are traded, including pricing incentives that exchanges and high-speed traders use to attract orders, Chairman Gary Gensler said Wednesday.
Tags: Finance, Article, SEC, The Wall Street Journal, Securities And Exchange Commission, FBN, Gary Gensler, Fbn/markets, Fox-business/markets, Dave Michaels, Alexander Osipovich, Cbbb5ded-967a-5d56-9d33-c1996a4a0748


Bitcoin should carry toughest capital requirements for banks, given risks from volatility, global watchdog says

Bitcoin. KTS Design/Science Photo Library/Getty Images Bitcoin poses higher risks than stablecoins, so tougher capital set-aside is needed to safeguard banks, BIS said. Banks will need to hold $1 in capital for every $1 worth of bitcoin given the threat to stability from its volatility. But stablecoins should carry a lower risk weighting as given to stocks, BIS said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin should carry the tightest capital require...
Tags: Banks, China, US, Trends, Crypto, SEC, Bank Of International Settlements, Bis, Gary Gensler, Basel Committee on Banking Supervision, Opening Bell Bitcoin, Sophie Kiderlin, Basel Framework


Despite a soaring stock price, GameStop is still facing major issues - and the company's new leadership won't say how it plans to fix the ailing video game retailer

A man walks in front of a GameStop store in the Jackson Heights neighborhood of New York City in January, 2021. Nick Zieminski/Reuters GameStop's stock value remains absurdly high as retail investors hold their positions. That stock value is completely disconnected from the business of GameStop. The ailing game retailer is in the middle of a "transformation," but new leadership isn't talking plans. Visit the Business section of Insider for more stories. Forget about the absurdly hi...
Tags: Amazon, Gaming, Video Games, Entertainment, New York City, Trends, Retail, SEC, Gamestop, Cohen, Sam Goody, Tower Records, Chewy, Ben Gilbert, Jackson Heights, Tech Insider


Reddit co-founder Alexis Ohanian talked meme stocks, his support for cryptocurrencies, and his new VC firm 776 in a recent interview. Here are the 10 best quotes.

Web Summit Alexis Ohanian said meme stocks are here to stay in a new interview with CNBC on Thursday. The Reddit co-founder recommended regulators take a soft approach to meme stock traders and cryptocurrencies. Ohanian also talked up his new VC firm 776 and said a lot of his personal holdings are in ethereum. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Reddit's co-founder Alexis Ohanian sat down for an interview with CNBC's Andrew Ross Sorkin on Thur...
Tags: Trends, Reddit, SEC, Alexis Ohanian, Cnbc, Andrew Ross Sorkin, Ohanian, Will Daniel, Opening Bell Reddit


The SEC is reviewing changes to share trading after an explosion of interest in meme stocks, including the use of payment for order flow

SEC Chairman Gary Gensler. Evan Vucci/Associated Press The SEC will review a host of rules related to the equity market structure, Gary Gensler said. That includes the compensation Wall Street brokers receive for executing stock trades. Shares in high-speed trader Virtu Financial fell 7.7% after the SEC chairman's speech. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The Securities and Exchange Commission is looking at changing rules around share trading aft...
Tags: New York, Amc, US, Trends, Reddit, SEC, Robinhood, Gamestop, Securities And Exchange Commission, Gensler, Citadel, Gary Gensler, Piper Sandler, Shalini Nagarajan, Gary Gensler Evan Vucci, Virtu Financial and Citadel


10 things you need to know before the opening bell

Spencer Platt/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get the day's top stock and crypto news in your inbox every morning.Sign up for Insider Investing for your weekly markets analysis.1. Tech stock futures slip as investors brace for a jump in inflation. See what markets are doing today.2. China arrested over 1,100 suspects in a crypto-related money-laundering crackdown. Criminal clients paid up to 5% commission for the conversion of dirty money into...
Tags: China, US, Trends, Tech, Reddit, SEC, SoFi, Gamestop, Gerry Frigon, Hester Pierce, Shalini Nagarajan, Spencer Platt Getty Images Welcome, Fintel, Chamath Palihapitiya s SPACs, Wilton Risenhoover


The other PayPal mafia: 20 women who helped build the payments giant

Facade with sign at headquarters of payment processing company Paypal in the Silicon Valley, San Jose, California, March 15, 2019. Photo by Smith Collection/Gado/Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:The PayPal Mafia, with members like Elon Musk and Peter Thiel, has been well covered, but these 20 women also played a key role in the payment giant's early years. SoFi is underwriting Chamath Paliha...
Tags: Elon Musk, Ipo, Trends, Paypal, Peter Thiel, SEC, Fidelity, Silicon Valley, Morgan Stanley, Vox Media, SoFi, Chamath Palihapitiya, SPAC, Brennan, PayPal Mafia, Samantha Lee


United States: SEC Commentary Highlights Increased Focus On Data Analytics In Identifying Potential Securities Law Violations - Troutman Pepper Hamilton Sanders

Recent commentary by Diana Tani, an Assistant Regional Director for the SEC, at the Securities Enforcement West web conference emphasized the agency's focus on data-driven investigations.
Tags: News, United States, SEC, Diana Tani, Securities Enforcement West


United States: SEC Removes Duhnke As PCAOB Chair - Cooley LLP

On Friday, the SEC announced that it had "removed" William D. Duhnke III from the PCAOB and designated Duane M. DesParte to serve as Acting Chair, effective Friday.
Tags: News, United States, SEC, PCAOB, William D Duhnke III, PCAOB Chair Cooley LLP, Duane M DesParte