Musk Settles SEC Lawsuit Over Delayed Twitter Stake Disclosure
Elon Musk has agreed to settle a civil lawsuit brought by the U.S. Securities and Exchange Commission over his delayed disclosure of Twitter share purchases in 2022. Under the agreement, a trust in Musk’s...
SEC Delays Approval of Prediction-Market ETFs Amid Growing Scrutiny
More than two dozen exchange-traded funds (ETFs) tied to real-world events such as elections, recessions, and tech layoffs are awaiting regulatory clearance from the U.S. Securities and Exchange Commission. Asset managers including Roundhill Investments,...
U.S. Supreme Court to Examine SEC’s Disgorgement Powers in Key Fraud Case
The U.S. Supreme Court is set to hear arguments on the scope of the Securities and Exchange Commission’s authority to recover profits from illegal activities, known as disgorgement. The case centers on whether the...