By Carolina Mandl NEW YORK (Reuters) – U.S. Securities and Exchange Commission has decided to withdraw its appeal of a decision by a federal judge late last year to vacate an overhaul of Treasury dealer rules, according to a court document filed on Wednesday. In a statement, the SEC said it decided to dismiss the […]
Beata Zawrzel | Nurphoto | Getty Images The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at “artificially low prices.” Musk, who is also CEO of […]
The U.S. Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media post on Thursday. The post included a copy of a letter sent by Musk’s attorney, Quinn Emanuel Partner Alex Spiro, to SEC Chair Gary Gensler. The letter said the federal agency had pressured […]
Entrepreneur Mark Cuban speaks at a campaign event for US Vice President Democratic presidential nominee Kamala Harris at University Wisconsin-La Crosse in La Crosse, Wisconsin, on October 17, 2024. Craig Lassig | Afp | Getty Images Billionaire investor Mark Cuban said Sunday that he is not eyeing a White House cabinet role even as he […]
