The Securities and Exchange Commission and the Irvine-based company on July 25 agreed to "full relief" sought by the SEC -- the delisting of the company's stock on the OTC Markets after Ubiquity failed to provide adequate information on its financial standing.
The Securities and Exchange Commission roiled the blockchain industry last week when it announced that so-called Initial Coin Offerings are considered securities offerings. While some firms are embracing a strategy of open defiance,Show More Summary
Initial coin offerings, the hot blockchain-based investing trend, are set to face increased scrutiny following an announcement by the US Securities and Exchange Commission. But ICO enthusiasts in Asia think the news could be good for...Show More Summary
Federal regulators have some serious questions for Chipotle after the chain suffered yet another food poisoning outbreak at a Virginia restaurant this month. The burrito shop revealed in a Securities and Exchange Commission filing on...Show More Summary
FIGHT THE FUTURE: US regulators just dealt a blow to the most hyped area in tech investing right now. On Tuesday, the Securities and Exchange Commission (SEC) said that “ICOs” (Initial Coin Offerings) can sometimes be considered securities — and as such are subject to strict laws and regulations. For the uninitiated, ICOs are a […]
One of the most-hyped areas in tech investing right now looks certain to come under additional scrutiny after a decision by US regulators. On Tuesday, the Securities and Exchange Commission (SEC) said that "ICOs" (Initial Coin Offerings)...Show More Summary
The U.S. Securities and Exchange Commission has finally waded into the murky, unregulated world of Initial Coin Offerings by ruling that a recent ICO offered a security and was therefore subject to securities law. The particular case,...Show More Summary
Och-Ziff Capital Management put a five-year-long investigation by Department of Justice and Securities and Exchange Commission to rest last year when it agreed to pay a $412 million fine to settle allegations that its Africa unit violated the Foreign Corrupt Practices Act by paying more than $100 million in bribes to corrupt government officials. Show More Summary
The chairman of Pakistan's financial regulator was arrested Friday, accused of forging documents in a corruption case against Prime Minister Nawaz Sharif that has gripped the country. Head of the Securities and Exchange Commission Zafar Hijazi was accused by investigators of doctoring the records of a sugar mill owned by the Sharif family. Show More Summary
A former AuthenTec worker has reached a $278,773 settlement with the U.S. Securities and Exchange Commission, resolving insider trading charges following Apple's buyout of his employer.
Two whistle-blowers are set to share a record $61 million award from the Securities and Exchange Commission for helping make the case that JPMorgan Chase & Co. failed to disclose to wealthy... To view the full story, click the title link.
Chicago-based Tribune Media execs will benefit handily if Sinclair Broadcast Group’s proposed $3.9 billion acquisition goes through. In a filing this week with the U.S. Securities and Exchange Commission, Sinclair disclosed plans for...Show More Summary
The man behind the alleged Bar Works scam is on the run. Renwick Haddow, a British citizen who was charged with fraud last week by both the Securities and Exchange Commission and federal... To view the full story, click the title li...
The Securities and Exchange Commission has settled its fraud case against ITT Educational Services, but it continues to pursue top executives from the defunct for-profit college firm for deceiving investors about high rates of late payments and defaults on student loans backed by the firm. A final...
The U.S. Securities and Exchange Commission on Friday filed criminal charges against a man alleged to have been running a dubious bitcoin trading business along with a related co-working space company. Renwick Haddow (pictured), described as a U.K. Show More Summary
It used to take months from the day a company filed its paperwork to go public to the day it sold shares, giving potential investors loads of time to decide whether to buy in. But under a new Securities and Exchange Commission rule set to take effect next month, big private companies such as Uber...
Seattle-based tech brokerage Redfin has filed to go public, today registering its S-1 with the Securities and Exchange commission and pricing its initial public offering at $100 million...
The elusive Renwick Haddow is real, it turns out, but his pitch to investors was not, the Securities and Exchange Commission alleged Friday. Haddow, a U.K. citizen living in New York, raised money... To view the full story, click the title link.
The Securities & Exchange Commission this month invited the public to comment on a proposal by Bats—a U.S. stock exchange operator—to offer an alternative closing auction for securities listed on other U.S. exchanges. Bats claims broad...Show More Summary
In a major blow to proponents of “clean coal” technology, Southern Co., parent company of Mississippi Power, announced in a Securities and Exchange Commission filing today that it's throwing in the towel on efforts to generate electricity...Show More Summary