All by tag: SEC

Brad Garlinghouse criticized the official for failing to regulate the crypto industry

The regulator is seeking $2 billion for violating securities laws for selling the cryptocurrency to institutional investors

The company expects to reduce the payout to $10 million

The documents were submitted to the commission as early as the end of last month

Investment companies need to get approval of applications to launch new securities to start trading

The proceeding resulted in a determination that it was an abuse of power for the commission to propose such a rule

The Ministry of Justice has not yet decided whether the businessman will be extradited to the US or South Korea

At the same time, the president can still veto the refusal of Congress, leaving the SEC’s proposal in force

The demand was filed as part of a lawsuit filed by the commission

The commission had previously warned the developer of potential enforcement actions

Executives paid dividends to investors at the expense of newly recruited participants

The publication’s sources note the officials’ disinterest in clarifying the details of the new products