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securities and exchange commission

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While its price has risen significantly over the past year, bitcoin remains highly volatile. The virtual currency smashed through $58,000 on Feb. 21 then fell back by as much as 25%.(MINT File photo )

CBOE seeks approval from US Security & Exchange commission to list Bitcoin ETF

Reuters |
PUBLISHED ON MAR 02, 2021 11:52 AM IST
The filing came as Citi analysts said the most popular cryptocurrency was at a "tipping point" and could become the preferred currency for international trades.
"I have long believed that the business model of Wall Street is flawed," Bernie Sanders said.(Reuters)
"I have long believed that the business model of Wall Street is flawed," Bernie Sanders said.(Reuters)

GameStop: US senators Sanders, Warren call for Wall Street reform

AFP |
PUBLISHED ON FEB 01, 2021 12:47 AM IST
"We need an SEC investigation," Warren told CNN, referring to the federal Securities and Exchange Commission.
Musk has repeatedly joked about “short shorts” to short sellers who took positions against Tesla.(Bloomberg File Photo)
Musk has repeatedly joked about “short shorts” to short sellers who took positions against Tesla.(Bloomberg File Photo)

Who has short shorts: Elon Musk sells them for real at $69.42

By Bloomberg | Posted by Kanishka Sarkar
UPDATED ON JUL 06, 2020 10:29 AM IST
A pair of the limited edition satin shorts would cost “Only $69.420” Musk tweeted -- a likely reference to the $420 per share price that he had offered shareholders in 2018 to take the company private.
Pakistan’s economy is going through a familiar boom-and-bust cycle with growth slowing and inflation is rocketing after a deficit blowout.(PTI File Photo)
Pakistan’s economy is going through a familiar boom-and-bust cycle with growth slowing and inflation is rocketing after a deficit blowout.(PTI File Photo)

Pakistan stocks to get a big bold buyer: The Government

Bloomberg | By Faseeh Mangi
UPDATED ON MAY 29, 2019 01:51 PM IST
Prime Minister Imran Khan’s administration is putting together a fund with contributions from banks and insurance firms to buy stocks through a state-owned asset management company.
The Elon Musk who announced Tesla Inc. job cuts sounded a lot less bullish than the Musk investors have read or heard from lately.(REUTERS)
The Elon Musk who announced Tesla Inc. job cuts sounded a lot less bullish than the Musk investors have read or heard from lately.(REUTERS)

Elon Musk’s whiplash in tone on profit sends Tesla shares sliding

By Bloomberg
UPDATED ON JAN 19, 2019 09:51 AM IST
The comments sent Tesla shares plunging 13 percent, the biggest drop since the Securities and Exchange Commission sued him in September over his tweets about taking the company private.
An Indian IT contractor, his wife and father have been charged by SEC in the US with insider trading after he illegally tipped them with confidential client information he stole while working in the Singapore branch of an investment bank.(AP)
An Indian IT contractor, his wife and father have been charged by SEC in the US with insider trading after he illegally tipped them with confidential client information he stole while working in the Singapore branch of an investment bank.(AP)

Indian IT contractor, wife and father charged in US with insider trading

New York | By Press Trust of India
PUBLISHED ON DEC 07, 2018 10:48 PM IST
The SEC obtained a court-ordered freeze of assets in three US brokerage accounts and one US bank account connected to the alleged trading.
Elon Musk, with 22.8 million followers on Twitter, went into overdrive with about 15 tweets targeting the Securities and Exchange Commission and short sellers within five hours.(AFP)
Elon Musk, with 22.8 million followers on Twitter, went into overdrive with about 15 tweets targeting the Securities and Exchange Commission and short sellers within five hours.(AFP)

Elon Musk ridicules SEC in tweet storm days after settling suit

Bloomberg | By Melissa Cheok
UPDATED ON OCT 05, 2018 04:15 PM IST
Elon Musk, with 22.8 million followers on Twitter, went into overdrive with about 15 tweets targeting the Securities and Exchange Commission and short sellers within five hours. Less than a week after settling a lawsuit with the SEC
Elon Musk has reached a deal over fraud charges that will see him step down as electric automaker Tesla's chairman of the board and pay a $20 million fine, US securities regulators said.(AFP File Photo)
Elon Musk has reached a deal over fraud charges that will see him step down as electric automaker Tesla's chairman of the board and pay a $20 million fine, US securities regulators said.(AFP File Photo)

New chairman needed: Challenges remain for Tesla after Elon Musk settles suit

San Francisco | By Associated Press
UPDATED ON SEP 30, 2018 09:27 AM IST
Under an agreement announced Saturday by the Securities and Exchange Commission, Elon Musk gets to remain Tesla CEO but must relinquish his chairman’s role for at least three years.
Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive.(Reuters File Photo)
Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive.(Reuters File Photo)

Elon Musk to step down as Tesla chairman, will remain CEO

Washington/San Francisco | By Reuters
UPDATED ON SEP 30, 2018 06:55 AM IST
Investors and corporate governance experts said on Saturday that the securities fraud agreement, announced by the Securities and Exchange Commission (SEC) on Saturday, could strengthen Tesla, which has been bruised by Elon Musk’s recent volatile behaviour.
A trader waits on a nearly empty trading floor at the New York Stock Exchange (NYSE) after trading was halted due to a 'technical glitch' in New York City.(AFP)
A trader waits on a nearly empty trading floor at the New York Stock Exchange (NYSE) after trading was halted due to a 'technical glitch' in New York City.(AFP)

Ratings agency Moody’s to pay $16 mn over flawed credit ratings

AFP, Washington | By HT Correspondent
PUBLISHED ON AUG 28, 2018 10:39 PM IST
Moody’s failed to establish and enforce proper internal controls for models used to rate mortgage backed securities between 2010 and 2013, says regulator.
Cables running into cryptocurrency miners are seen at the HydroMiner cryptocurrency farming operation in Austria April 25, 2018.(Reuters File Photo)
Cables running into cryptocurrency miners are seen at the HydroMiner cryptocurrency farming operation in Austria April 25, 2018.(Reuters File Photo)

Indian-origin man in US indicted in multi-million dollar cryptocurrency scam

Press Trust of India, New York | By Press Trust of India
UPDATED ON MAY 15, 2018 03:54 PM IST
Sohrab Sharma is among the three co-founders of a start-up called Centra Tech indicted with conspiring to defraud investors.
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