SEC

The U.S. Securities and Exchange Commission is an independent agency of the United States federal government.

Source: en.wikipedia.org

This Week in Web3: Blockchain Succeeds Where Crypto Can’t

This Week in Web3: Blockchain Succeeds Where Crypto Can’t
This Week in Web3: Blockchain Succeeds Where Crypto Can’t
September 18, 2024  |  Blockchain

People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies...

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SEC and Prager Metis Settle Charges Related to FTX Audits
SEC and Prager Metis Settle Charges Related to FTX Audits
September 17, 2024  |  Legal & Regulation

The Securities and Exchange Commission (SEC) has announced a settlement with audit firm Prager Metis that includes charges related to the firm’s audits of FTX....

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eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
eToro Pares Down Crypto Biz in $1.5 Million SEC Settlement
September 12, 2024  |  Cryptocurrency

Cryptocurrency trading platform eToro has agreed to pay a $1.5 million government settlement. As the U.S. Securities and Exchange Commission (SEC) announced Thursday (Sept. 12), the settlement stems from...

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US Accounting Giants Ready Themselves for New Quality Control Standards
US Accounting Giants Ready Themselves for New Quality Control Standards
September 10, 2024  |  Legal & Regulation

Where there is smoke, there tends to be fire. But where there exists the repeated appearance of deficiencies in the audit process of a business,...

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Big Lots Declares Bankruptcy as Consumers Chase Deals
Big Lots Declares Bankruptcy as Consumers Chase Deals
September 09, 2024  |  Retail

Discount retailer Big Lots has declared bankruptcy and sold itself to an investment firm. The company announced Monday (Sept. 9) that it had entered voluntary Chapter 11 proceedings in...

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Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
September 06, 2024  |  Legal & Regulation

A proposed class action lawsuit brought against Coinbase by shareholders is reportedly moving forward. The cryptocurrency exchange’s bid to have the suit dismissed was rejected Thursday...

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SEC Says 6 Credit Rating Agencies Failed to Preserve Electronic Communications
SEC Says 6 Credit Rating Agencies Failed to Preserve Electronic Communications
September 03, 2024  |  Legal & Regulation

The Securities and Exchange Commission (SEC) has charged six credit rating agencies with “significant” recordkeeping failures in maintaining and preserving electronic communications. The firms have agreed...

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Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs
Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs
September 02, 2024  |  Legal & Regulation

A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. The court order — issued last week and the subject...

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