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SEC Charges Concord, the Money Manager Tied to Roman Abramovich
Posted inConcord Management LLC Embargoes and Sanctions Hedge Funds High Net Worth Individuals Private Equity Russian Invasion of Ukraine (2022) Securities and Exchange Commission

SEC Charges Concord, the Money Manager Tied to Roman Abramovich

The Securities and Exchange Commission charged Concord, which managed billions of dollars for Roman Abramovich, with failing to register as an investment adviser.
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Posted by By Matthew Goldstein
Supply of Clorox Wipes Could Be Affected After Cyberattack
Posted inCleansers, Detergents and Soaps Cyberattacks and Hackers Securities and Exchange Commission Shortages Supply Chain

Supply of Clorox Wipes Could Be Affected After Cyberattack

The company said a cyberattack discovered in August caused “wide-scale disruption” to its operations.
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Posted by By Christine Hauser
Senate Republicans Grill S.E.C. Chair on Pace of Rule Making
Posted inGensler, Gary S Regulation and Deregulation of Industry Securities and Exchange Commission Senate Committee on Banking United States Politics and Government

Senate Republicans Grill S.E.C. Chair on Pace of Rule Making

Gary Gensler told a Senate Banking Committee that he was not pushing through new rules without giving businesses time to respond.
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Posted by By Matthew Goldstein
Politicians to Shein: Not So Fast on U.S. Expansion
Posted inFashion and Apparel Initial Public Offerings Politics and Government Securities and Exchange Commission Shein (Fashion Label) Shopping and Retail United States Politics and Government

Politicians to Shein: Not So Fast on U.S. Expansion

A group of state attorneys general urged the S.E.C. to make the fast fashion company prove it doesn’t use forced labor if it files to go public.
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Posted by By Jordyn Holman

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