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The Latest Breaking News from SEC

Elon Musk turned to some shady pals to fund his Twitter takeover

Among them is Prince Alwaleed bin Talal of Saudi Arabia, a country not exactly known for its support of free speech.

Mic

SEC: Nvidia failed to disclose crypto as revenue generator

Nvidia, a major tech company that has expanded aggressively into gaming, will pay a $5.5 million penalty for failing to disclose that cryptomining was a significant source of revenue growth from the sale of graphics processing units produced and marketed for gaming

The Independent UK

US Regulators Reach China For Audit Deal Discussions: Reuters

U.S. regulatory officials arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, Reuters reported, citing sources. The stand-off, if not resolved, could see Chinese firms kicked off New York bourses. This week the SEC added over 80 firms to the list of companies…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Tennessee Senator Blasts Outgoing NCAA President Mark Emmert

Sen. Marsha Blackburn said Emmert’s resignation will “enable the NCAA to support our student-athletes.”

Sports Illustrated

College Football Win Total Projections For All 131 Teams: Spring Version

College football win totals - the projection of what they should be after spring football and before what should be a wild summer.

USA Today Sports Media Group

Largest US Pension Fund Sold FAANG Stocks In Q1: Which Chip Stock Did It Buy Instead?

The largest pension fund in the U.S. reduced its FAANG holdings in the first quarter amid the tech rout at the start of the year, the 13-F filed with the SEC late Wednesday revealed.

Benzinga

Irn-Bru fans 'horrified' after Ru Paul's Drag Race star boils it in kettle as throat cure

Talent series winner Trixie Mattel performed her live show at the SEC Armadillo in Glasgow on Sunday April 24.

Daily Record

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Why Alibaba Shares Are Sliding Today

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading lower Thursday alongside several Chinese companies amid renewed delisting concerns after the U.S.

Benzinga

Why Nio Shares Are Falling

NIO Inc (NYSE: NIO) shares are trading significantly lower Thursday alongside several Chinese companies amid renewed delisting concerns after the U.S. Securities and Exchange Commission widened its regulatory crackdown on U.S.-listed Chinese companies for not disclosing audit reports.

Benzinga

Legal debate over SEC’s authority clouds climate rule proposal

WASHINGTON — Republican lawmakers and scholars are ratcheting up their arguments that the Securities and Exchange Commission lacks the statutory authority to require public companies to disclose climate-related financial risks.

Tribune News Service

PFF releases way-too-early 2022 college football rankings

The Georgia Bulldogs are one of three SEC teams in top 10 of Pro Football Focus' way-too-early 2022 college football rankings

USA Today Sports Media Group

Morning Brief: Top Financial Stories Dominating on Thursday, May 5

CNBC

Benzinga

Legal debate over SEC's authority clouds climate rule proposal - Roll Call

Critics of the SEC say the agency is overreaching its authority in proposing standards for climate emissions.

Roll Call

JD, Nio, Pinduoduo Among 80 Chinese Companies Identified By SEC For Potential Delisting: What Investors Should Know

The SEC continued to crack the regulatory whip on U.S.-listed Chinese companies for non-compliance with audit requirements necessitated by the "Holding Foreign Companies Accountable Act."

Benzinga

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Sports Illustrated

SEC, Pac-12 to Pitch Senate on Hail Mary for NIL Legislation

Two Power 5 commissioners are set to lobby lawmakers Thursday about creating federal legislation to regulate the name, image and likeness landscape.

Benzinga

Crypto Mom To The Rescue? Hester Peirce Snubs SEC Plan For Increased Crypto Enforcement

U.S. Securities and Exchange Commission (SEC) member Hester Peirce — nicknamed "Crypto Mom" for her pro-crypto stances — voiced her opposition to recent decisions by the SEC.

Benzinga

6 Stocks Halted In Wednesday's Session: Here's Why

A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.

Businessweek

Wall Street Isn’t Ready for the Crackdown Coming Its Way

Federal investigations into questionable trading practices are on the rise—and the fate of Bill Hwang and his firm, Archegos, may await others in the finance industry.

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news in one place.

100’s of premium titles.
One news app.

Axios

New York City sues Activision, targeting CEO Bobby Kotick

The suit alleges a rushed takeover deal with Microsoft to escape liability

Glasgow Live

Glasgow to get £50m boost to economy as thousands descend on city for conferences

Glasgow has successfully bid for 71 new conferences, which will bring more than 36,000 delegates to the city and boost the local economy by some £53 million in delegate spend.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

Insider UK

Glasgow's economy sees multimillion-pound boost from conferences

The city received 71 successful bids for conferences last financial year - estimated to be worth more than £50m in attendee spending

USA Today Sports Media Group

How To Fix College Football: CFP, NIL, Transfer Portal. 22 Thoughts For 2022, No. 12

How does college football fix the CFP, transfer portal, and NIL? Here's a shot in the 22 College Football Thoughts for 2022, No. 12d

Bangkok Post

SEC, Fetco sound alarm on investment scams

The Securities and Exchange Commission (SEC) and the Federation of Thai Capital Market Organizations (Fetco) warn the public to be wary of investment scams and suggest checking the list of authorised persons on the SEC Check First application.

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