The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency exchange of operating illegally because it failed to first registered with the regulator.
Tag: SEC
SEC Dismisses Dozens of Enforcement Cases Amid Internal Data Mishap
The Securities and Exchange Commission has dismissed 42 pending enforcement cases after discovering that enforcement personnel had improper access to materials intended for commission officials ruling on those cases.
SEC Awards $279M in Largest-ever Whistleblower Payout
The SEC announced a $279 million award to a whistleblower, the largest the agency has ever given someone who stepped forward with information benefiting an investigation.
Proposed Climate Disclosure Rule Exposes Surprising Splits Among Businesses
When regulators announced a plan to require businesses to disclose their carbon emissions and other climate data, they knew they were stirring up a political storm.
Hagerty Trims Staff by 4%
The Traverse City-based company will lay off 83 employees, according to a Securities and Exchange Commission filing submitted Wednesday morning.
SEC Planning Lawsuit Against Coinbase, Crypto Exchange Claims
The SEC has told Coinbase Global it plans to take enforcement action against the company, escalating its crackdown on digital-currency firms by targeting the biggest US crypto exchange.
SEC to Consider New Cybersecurity Rules for Financial Firms
Brokers and asset managers would have to notify their customers of data breaches as part of a raft of cybersecurity-related rules the SEC is set to vote on today.
DOJ, SEC Investigating Silicon Valley Bank’s Collapse
The DOJ and SEC are investigating the collapse of Silicon Valley Bank after the California lender was taken over by regulators last week amid a historic run on its deposits.
Crypto Investors Brace for More Crackdowns from Regulators
Regulators have not taken action against many of the industry’s biggest crypto players, but they are now restricting access to critical products and services in the digital-currency business.
Bloomberg Finance Fined $5M by SEC for Disclosure Violations on Fixed-Income Prices
Bloomberg Finance LP was fined $5 million by the SEC to settle civil charges that the company misled customers about how it calculated the prices of certain securities.