Category: Securities and Exchange Commission

Harvey Pitt, S.E.C. Chair Who Resigned Amid Scandals, Dies at 78

Mr. Pitt, who served under President George W. Bush, oversaw a swift reopening of stock exchanges after 9/11 but was tarnished by later missteps.
Markets Rise as Debt Ceiling Deal Moves to the Senate

Global markets edged higher as the prospect of the United States defaulting on its debt grows more remote.
DeSantis’s Announcement Shows Twitter’s Move to the Right

The Florida governor’s plan to announce his presidential campaign on the social network is the latest sign of the company’s efforts to court conservatives.
DeSantis’s 2024 Campaign Announcement Shows Twitter’s Move to the Right

The Florida governor’s plan to announce his presidential campaign on the social network is the latest sign of the company’s efforts to court conservatives.
Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens

Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
Supreme Court Endorses Streamlined Challenges to Agency Power

In a unanimous decision, the justices ruled that people and companies need not wait for administrative rulings to press constitutional claims in federal court.
Justice Department Recently Looked Into Twitter, Lawsuit Says

The focus of the inquiry was unclear, but several former executives said they had racked up more than $1 million in expenses dealing with it and other legal issues.
S.E.C. Charges Frank Founder Charlie Javice for Defrauding JPMorgan Chase

Charlie Javice, the 31-year-old founder of Frank, a college financial planning company, was sued by JPMorgan Chase for falsifying customer data.
SPAC Tied to Trump Media Rushes to Complete Deal

The New York Times – Business:
The merger of Digital World and Trump Media has been held up by investigations, but executives are rushing to complete the deal by a Sept. 8 deadline.
All the Celebrities Facing Charges Over Crypto Promotion: What to Know

The New York Times – Fashion & Style:
Lindsay Lohan and Jake Paul are just two names who have encountered legal trouble for pushing crypto on their social media accounts.
Crypto Entrepreneur and Celebrity Promoters Face S.E.C. Charges

The New York Times – Business:
The agency charged Justin Sun with violations of securities law in a scheme involving the actress Lindsay Lohan and other celebrities.
Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

The New York Times – Business:
Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.