Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
Category: Securities and Exchange Commission
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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.
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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.
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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.
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U.S. Is Said to Open Investigation Into Silicon Valley Bank Collapse
The New York Times – Business:Legal experts said a possible focus of the investigation could be insider sales by several bank executives in the weeks before the bank’s failure.
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Chinese Tech Giants Promise Their Own ChatGPT-Style Chatbots
The New York Times – Business:A wave of Chinese tech companies are announcing their own A.I.-powered chatbots — but face hurdles imposed by their own government.
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Government Cracks Down on Crypto Industry With Flurry of Actions
The New York Times – Business:State and federal agencies have levied fines, brought new cases and issued policy statements to rein in freewheeling practices in recent weeks.