Securities And Exchange Commission
latest news & developmentsTrump suspends anti-corruption law. Is this ‘make corruption great again’?
The Foreign Corrupt Practices Act prohibits companies operating in the US from bribing foreign officials to secure business deals
Musk argues regulators overstepped in tweet contempt quest
Lawyers for Tesla chief Elon Musk on Monday argued that US regulators overstepped their bounds by calling for him to be held in contempt for a tweet.
Rise, fall and suspense: Bitcoin’s wild first decade
Here is a look back at some of the trials and tribulations of the world’s most popular virtual currency
Judge rejects Citigroup’s settlement
Citigroup faces a day of reckoning in court over its selling of financial instruments in the run-up to the subprime mortgage crisis.
Is your divorce a corporate risk?
When your high-profile divorce hits the media, it may hurt your company. Here’s why.
US Senate panel releases Goldman Sachs emails
A United States Senate investigative panel has released several emails that could prove embarrassing to Goldman Sachs.
US finance regulators grilled over Madoff saga
State and industry regulators were put on the defensive on Tuesday at a Senate hearing over their failure to uncover Bernard Madoff’s fraud scheme.
Investor may run Yahoo! proxy campaign
Billionaire investor Carl Icahn is considering mounting a proxy campaign to replace Yahoo! board members after the company failed to reach a deal to merge with Microsoft. The…
Bank chief blames rumours for Bear’s collapse
The head of the crisis-hit investment bank Bear Stearns has blamed short sellers and market manipulators for spreading negative financial rumours to induce a collapse of the…
Crisis inflicts fresh wounds, UBS cut deepest
Fresh write-offs at big European and Japanese banks on Wednesday drove investors’ attention firmly back onto the credit crunch after days gazing at Société Générale’s stunning…
Nigerians lose millions to phoney investment funds
Aduke Komolafe, a 58-year-old Nigerian civil servant, put an end to her life by swallowing rat poison, mortified at the loss of her savings to a phoney investment fund. Lured by…