Keyword: sec
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Paul Atkins, President Trump’s nominee as the new chairman of the Securities and Exchange Commission, faced a key question [...] Would the long-time securities lawyer and regulator investigate Chinese companies for what one senator believes are wanton and blatant violations of US disclosure laws that have gone unchecked for years? ... The crackdown would be significant, probably one of the biggest the SEC has undertaken in its history. Nearly 300 Chinese companies, representing more than $1 trillion in market value, trade on US markets, namely the New York Stock Exchange and the Nasdaq Composite. Many or maybe all of them,...
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WASHINGTON, March 28 (Reuters) - The U.S. Securities and Exchange Commission is beginning to bring on officials with billionaire Elon Musk's Department of Government Efficiency, according to an email sent on Friday to department staff. SEC staff were informed that the DOGE task force had contacted the regulator, and that they would be treated as staff for the purposes of network, system and data access. The SEC is establishing a liaison team with the "intent to partner" with DOGE, the email said. The memo was first reported by Reuters. "Our intent will be to partner with the DOGE representatives and...
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[Caption] The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025. Wall Street’s top regulator said on Thursday it had voted to cease legal efforts to defend regulations that require companies to disclose climate-related emissions, risks and spending, and had been hotly contested by industrial lobby groups. The decision by the Republican-dominated U.S. Securities and Exchange Commission had been widely expected following public remarks last month by its acting chairman, Mark Uyeda. Since taking office, President Donald Trump has acted to roll back virtually all of the prior administration’s efforts to address climate change....
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FORT COLLINS — A Larimer County woman has found herself part of a nationwide investigation into an alleged “smurfing” campaign by ActBlue, an online fundraising platform for Democrat candidates, progressive organizations and nonprofits. In a report by the American Spectator, Sonia Immasche, of Fort Collins is shown to have donated $234,441 over a period of six years and two months in 57,138 separate ActBlue contributions under five different versions of her name, averaging out to $4.10 per donation. “Smurfing” is a form of identity theft that uses the names of legitimate political donors to report numerous small donations repeatedly without...
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Yesterday President Trump signed what could prove to be his most important executive order to date. The order addresses the so-called “independent agencies” of the Executive Branch–the SEC, the Federal Reserve, the FDIC, the Federal Trade Commission, the Federal Communications Commission, and so on. The purpose of the order is to bring these agencies under presidential control. It begins: Section 1. Policy and Purpose. The Constitution vests all executive power in the President and charges him with faithfully executing the laws. That is correct. The first sentence of Article II is: The executive Power shall be vested in a President...
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Benny Johnson @bennyjohnson 🚨BREAKING: DOGE just announced an audit into the SEC for fraud, abuse, and waste. 11:32 AM · Feb 17, 2025
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Former Biden Education Secretary Miguel Cardona said Thursday on MSNBC’s “Ana Cabrera Reports” that the United States had gone from a democracy to a monarchy under the Trump administration. Cabrera said, “Let’s talk about what we know of that’s happening inside your old building. CNBC reports that Elon Musk’s DOGE team has taken over some of the departments highest officials offices. In fact, they describe it as what’s happening in there rearranging furniture, setting up white noise machines to muffle their voices. DOGE says it’s already terminated roughly $900 million worth of contracts, writing on social media that it’s terminated...
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FAYETTEVILLE, Ark. — As the SEC reviews ways to halt field and court storming, Alabama athletic director Greg Byrne has come up with a proposal, according to a recent interview. "I truly believe [in forfeiting wins] — if we said that the home team, if they storm the field or the court, they're going to lose that game right then and there, that will stop it."Alabama AD Greg Byrne told ESPN The league has seen rise in recent years of fans taking celebration to playing surfaces and Arkansas is one of them. After upsetting then No. 4 Tennessee in Razorbacks...
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pressured out in Dec. Hodgman, a Hillary supporter, never recused herself from SEC probes of Trump Media & Technology. Strzok ran FBI's Russiagate op against Trump
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Hunter Biden is once again embroiled in mor controversy as newly surfaced bank records and corporate documents link him to a fraudulent bond transaction involving Burnham Asset Management. The firm, tied to a multi-million-dollar securities fraud scheme, saw Biden’s business partners arrested and convicted while Hunter himself avoided accountability. The fraud centered on a scheme to defraud the Oglala Sioux Native American tribe out of tens of millions of dollars. Hunter’s former business partners, Devon Archer and Jason Galanis, were convicted for misappropriating funds meant for the tribe.
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Elon Musk was sued on Tuesday by the Securities and Exchange Commission for having failed to timely disclose purchasing more than 5% of Twitter’s common stock in March 2022 — a parting shot at the mogul by lame-duck SEC boss Gary Gensler. In a complaint filed in Washington, DC, federal court, the SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.A lawyer for Musk said the billionaire did nothing wrong and called the SEC case a “sham.”The SEC wants Musk — who has since rebranded...
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NEWS: The SEC has sued Elon Musk in federal court over an alleged securities violation, according to a court docket. The SEC alleges Elon "committed securities fraud in 2022 by failing to disclose his ownership in Twitter and buying shares at “artificially low prices.” This lawsuit will likely go nowhere with a new head of the SEC about to come in
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(The Center Square) – Years after a watchdog group raised ethics questions about a former top Securities and Exchange Commission director, the agency's inspector general issued a report on the matter, but has yet to release it publicly. Empower Oversight, a nonprofit organization dedicated to improving independent government oversight, raised questions about William Hinman, who served as director of the SEC's Division of Corporation Finance from May 2017 to December 2020. Empower Oversight obtained documents that it said showed Hinman may have violated federal ethics rules regarding conflicts of interest. The group's investigation resulted in a referral of evidence to...
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The Securities and Exchange Commission has issued a "settlement demand" to Elon Musk, according to a Thursday social media post by the tech billionaire. The federal financial regulator is asking Musk to agree to terms including a fine, or "face charges on numerous counts" regarding "Certain Purchases, Sales and Disclosures of Twitter Shares." The SEC has been investigating whether Musk committed securities fraud in 2022 as he sold shares in Tesla and shored up a stake in social network Twitter, ahead of his leveraged buyout. The Securities and Exchange Commission has issued a "settlement demand" to Elon Musk, the tech...
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John Solomon @jsolomonReports Breaking: Trump taps Paul Atkins to lead SEC From justthenews.com 12:30 PM · Dec 4, 2024
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President-elect Donald Trump, keeping with his promise for a crypto-friendly administration, plans to nominate former SEC Commissioner Paul Atkins to head the agency, according to his Truth Social post. Currently the CEO at Patomak Global Partners, Atkins is a well-known veteran of the financial world and Republican political circles specifically. He had been widely expected to get the position as the nation’s top financial market regulator. If confirmed, Atkins would succeed Gary Gensler, a widely reviled figure in the digital currency community for his many efforts to clamp down on the $3.5 trillion crypto market. Trump has promised a easier...
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Let's all be clear on one thing. Gary Gensler is evil. He should never again have a position of influence, power, or consequence. Any company, university, or organization that hires or works with him post-SEC is betraying the crypto industry and should be boycotted aggressively. This the only way to prevent this kind of misuse of government power from happening again in the future. Gensler’s behavior can't be explained away as a good faith mistakes. It was entirely thought out, intentional, and purposeful to fulfill his personal, political agenda at any cost. Even if this meant nuking an industry, tens...
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President Trump on Thursday nominated former SEC Chairman Jay Clayton to be US Attorney for the Southern District of New York.“I am pleased to announce that Jay Clayton, of New York, the Chairman of the US Securities and Exchange Commission during my first term, where he did an incredible job, is hereby nominated to be the US Attorney for the Southern District of New York,” Trump said.
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SEC Chairman Gary Gensler will resign as 33rd Chair of the US Securites and Exchange Commission by the end of December according to an anonymous source. Chair Gensler was appointed by President Joe Biden in 2021 ... Gary going to drop a new lawsuit the day before he resigns? And then take a high paying job at some crypto fund?
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Jimmy Kimmel's attempt to sway Republicans with a 19 minute anti-Trump monologue has backfired with viewers. The talk show host delivered a special plea to those thinking of voting for the former president, in which he promised to avoid, 'liberal virtue signaling'. But the almost 20 minute rant ended up irritating some viewers so much they pledged to vote Trump anyway, just to spite Kimmel. The comedian used clips from the former president's speeches, interviews and rallies to try and illustrate several aspects he believes make Trump unfit to lead. 'Am I biased against Donald Trump? Yes,' Kimmel admitted. 'Do...
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