U.S. Securities and Exchange Commission

SEC fines Deutsche $73 million for mishandling depositary receipts

The U.S. Securities and Exchange Commission said on Friday that it fined two Deutsche Bank subsidiaries in the U.S. $75 million for mishandling …

Deutsche Bank

A Closer Look With Arthur Levitt: Frank Rich (Audio)

Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, interviews Frank Rich, executive producer of HBO’s Veep and …

Financial Regulation

Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services

Major U.S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July …

Hedge Funds

Former Oilers owner Peter Pocklington budding cannabis businessman

Peter Pocklington, the contentious businessman who once owned the Edmonton Oilers, is exploring a new business opportunity: cannabis.<p>Pocklington is …

Cannabis

$600,000 Knicks Ticket Perk Triggered BGC's SEC Fine – Bloomberg

$600,000 Knicks Ticket Perk Triggered BGC's SEC Fine<p>$600,000 Knicks Ticket Perk Triggered BGC's SEC Fine<p>$600,000 Knicks Ticket Perk Triggered BGC's …

Financial Regulation

Netgear's Arlo division files for IPO and 'ARLO' ticker symbol

Netgear's lineup of Arlo security cameras have sold incredibly well over the past few years. Plans to spin off the Arlo division were announced in …

Android News

Mobile Data Startup Jiguang Files for U.S. IPO

A leading mobile data company has jumped on the bandwagon of Chinese internet startups tapping the U.S. market to fund expansion.<p>Shenzhen-based …

News (China)

Wells Fargo fined by SEC over investment sales misconduct

(Reuters) - Wells Fargo & Co (WFC.N) will pay more than $5.1 million to settle U.S. Securities and Exchange Commission charges it improperly pushed retail customers to actively trade complex investments in order to generate higher fees.<p>The SEC on Monday said the payout includes a $4 million civil …

Finance

SEC official: Ether, bitcoin should not be regulated as securities

U.S. Securities and Exchange Commission Director, Division of Corporation Finance William Hinman said at its current state there is little value to …

Cryptocurrency

Fuel cell start-up Bloom Energy files for IPO

June 12 (Reuters) - Start-up Bloom Energy Corp, which makes fuel cell boxes that can power an entire building, filed for an initial public offering …

Startups

U.S. regulator wins order halting coin offering scheme

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it had won an emergency court order halting an alleged fraud involving an initial coin offering that raised as much as $21 million from investors in the United States and elsewhere.<p>The court also approved an …

Financial Regulation

Amazon boosts credit line by $4 billion ahead of HQ2 decision, rumors of Boeing jet order

Amazon disclosed the massive addition to its credit lines in a U.S. Securities and Exchange Commission document filed late Friday.

Boeing

AMC CEO Sapan Sees Compensation Dip Slightly

Compensation in 2017 declined for the two top operating executives of AMC Networks, the company said Thursday in a filing with the U.S. Securities …

Entertainment

Ex-Aveo Pharmaceuticals CFO must face SEC trial, judge rules

A federal judge on Friday cleared the way for the U.S. Securities and Exchange Commission to take Aveo Pharmaceuticals Inc’s former chief financial officer to trial over claims he misled investors in connection with the company’s efforts to develop a cancer drug.<p>U.S. District Judge Nathaniel Gorton …

Law

SEC proposes new 'best interest' standard rule for retail investors

NEW YORK, April 18 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would raise the standards registered broker-dealers in the securities industry must comply with when providing retail investors financial advice.<p>The Regulation Best Interest would …

Financial Regulation

U.S. fines large financial advisers for breaching fiduciary duties

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Friday it had fined PNC Investments LLC, Securities America Advisors LLC and Geneos Wealth Management Inc. around $15 million collectively for allegedly breaching fiduciary duties to clients and generating millions of …

Business

Coinbase unveils fund for early-stage cryptocurrency startups

Coinbase has launched a new fund called Coinbase Ventures to invest in early-stage cryptocurrency and blockchain startups. In a blog post, Coinbase head of corporate and business development Emilie Choi said that the fund’s goal is to strengthen the sector.<p>“At least in the beginning, our goal is …

Cryptocurrency

SEC charges former hockey team owner Pocklington over medical device

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had charged convicted felon and former hockey team owner Peter Pocklington, his medical device company, his attorney and others with allegedly defrauding investors and misappropriating their funds.<p>The top U.S. …

Financial Regulation

Founders of Cryptocurrency-Focused Tech Company Face Federal Fraud Charges

[caption id="attachment_26576" align="aligncenter" width="620"] <i>Photo Credit: whiteMocca/Shutterstock.com</i>[/caption] Two heads of a tech company that …

Cryptocurrency

Endo Agrees to Extend Temporary Stay of FDA Litigation

DUBLIN, April 2, 2018 /PRNewswire/ -- Endo International plc (ENDP) today announced that it has agreed to extend a temporary stay of its litigation …

Biotechnology

Salesforce Launches Integration Cloud and Empowers Trailblazers to Create Connected Customer Experiences with the Salesforce Platform

<b>New Integration Cloud will surface data regardless of where it resides to connect every system, customer and device in a whole new way</b><p><b>Lightning Flow</b> …

San Francisco

Ex-Kirkland Partner Robert Khuzami Banked $11M Partnership Share

This premium content is locked for<br>The American Lawyer subscribers only.<p>Subscribe now to enjoy unlimited access to The American Lawyer content,<br>• 5 free …

Law

Bitcoin Bull Tom Lee Says HODL On During Slumps for Big Gains

Bitcoin advocate Thomas Lee is leaning on his years of experience as a stock analyst when warning cryptocurrency investors that they need to be …

Cryptocurrency

Gevo's (GEVO) CEO Patrick Gruber on Q4 2017 Results - Earnings Call Transcript

Gevo, Inc. (NASDAQ:GEVO) Q4 2017 Earnings Conference Call March 28, 2018 4:30 PM ET<p><b>Executives</b><p>Geoffrey T. Williams, Jr. - General Counsel and Secretary<p>…

Kinder Morgan

S.E.C., Catch Up: The Netherlands Breaks New Ground, Evaluates & Declares No-Action on ICO

I have worked with more than a dozen token projects in one way or another and while <i>so much</i> has changed in the past year, one thing remains true: …

Cryptocurrency

U.S. SEC charges Wedbush Securities in employee’s alleged fraud

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has charged Wedbush Securities Inc for failing to supervise an employee after the broker-dealer ignored red flags that the employee was involved in a “long-running pump-and-dump scheme targeting retail investors,” the agency said in …

Corruption

SEC official: Cryptocurrency trading needs stock market principles

(<i>Reuters</i>) — The cryptocurrency trading marketplace could be improved by applying some of the principles from the stock market such as best execution and surveillance, a senior U.S. Securities and Exchange Commission official said on Thursday.<p>While the cryptocurrency market is still evolving, it …

Cryptocurrency

Laureate Education, Inc. (LAUR) Q4 2017 Earnings Conference Call Transcript

LAUR earnings call for the period ending December 31, 2017.<p><b>Laureate Education, Inc.</b> (NASDAQ:LAUR)<br>Q4 2017 Earnings Conference Call<br>March 20, 2018 <i>5:00</i> …

Investing

Salesforce agrees to buy MuleSoft in $6.5 billion deal

Salesforce announced an agreement on Tuesday to buy MuleSoft in an enterprise technology merger that would value MuleSoft at $6.5 billion.<p>Salesforce …

Technology

Morning Brief: Fed expected to raise rates today

Wednesday, March 21, 2018<p><b>What to watch today</b><p>Wednesday is all about the Federal Reserve. At 2:00 p.m. ET, the U.S. central bank will release its …

NYSE