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The Latest Breaking News from SEC

Archegos Founder To Go On Trial For Fraud, Market Manipulation

The family-owned hedge fund run by Hwang had taken huge bets on a few stocks with money borrowed from banks, and when several of those bets turned sour, the fund was unable to meet "margin calls" to cover the losses.

International Business Times

‘I play defense’: New Texans CB Kamari Lassiter open to playing anywhere in secondary

New Texans cornerback Kamari Lassiter is willing to play anywhere in the secondary.

USA Today Sports Media Group

ESPN ranks Charlie Condon as No. 1 MLB draft prospect

ESPN projects that UGA baseball's Charlie Condon will not go No. 1 despite ranking him as the 2024 MLB draft's best prospect

USA Today Sports Media Group

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Malik Nabers signs rookie deal with Giants

New York Giants WR Malik Nabers, the team's first round pick, has officially signed his rookie contract.

USA Today Sports Media Group

Texans sign Georgia CB Kamari Lassiter to rookie contract

Kamari Lassiter, one of the top boundary cornerbacks in the SEC last season, is now an official member of the Houston Texans.

USA Today Sports Media Group

3 Auto Stocks to Buy, Hold, or Sell in May

The auto industry is poised for significant growth thanks to increasing passenger vehicle demand and the transition to electric vehicles. While the industry outlook may seem promising, let us analyze whether to Buy, Hold, or Sell leading auto stocks Blue Bird (BLBD), Strattec Security (STRT), and Nikola (NKLA) this month.

StockNews.com

Standard Chartered Analyst Believes Trump Government Will Be 'Actively Supportive' Of Bitcoin

Ex-President Donald Trump, who recently signaled he won't oppose the growing crypto sector, may be a boon to Bitcoin and the broader digital assets' industry, a Standard Chartered analyst said.

International Business Times

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US Election 2024: Expert Calls Bitcoin Community 'A Politician's Dream Population Segment'

Unchained Capital's Joe Burnett believes the Bitcoin community will play a major role in the campaign strategies of politicians heading to the elections later this year.

International Business Times

Canadian Regulator Slaps Binance With 4M In Fines Over AML, Anti-Terrorism Financing Violations

Binance is faced with over $4 million in fines in Canada after a regulator deemed that the crypto exchange giant violated its anti-money laundering and anti-terrorism financing law.

International Business Times

Cardano Creator Says Biden Administration Seeks To 'Kill Crypto' Amid SEC Bulletin Drama

Charles Hoskinson called the Biden administration's latest statement regarding a House resolution that repeals the highly-debated SAB 121 of the SEC as "garbage."

International Business Times

SEC Investigating Boeing's Safety Practices Statements

SEC investigates Boeing's safety statements post 737 Max crisis, raising concerns about transparency and credibility.

Top News

Commanders QB Jayden Daniels is officially No. 5

Tress Way gives Jayden Daniels the No. 5.

USA Today Sports Media Group

Stocks Close Higher on Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.16%. US stock indexes on Thursday settled higher, with the S&P 500 climbing to a...

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USA Today Sports Media Group

Watch Georgia softball’s epic 14th inning walk-off home run in the SEC Tournament

Georgia softball hits a walk-off 14th inning home run to advance in the SEC Tournament

International Business Times

Kill Bill: Biden Administration Vows To Veto Resolution Overturning Controversial SEC Bulletin

President Joe Biden will veto a resolution passed Wednesday by the House that strikes down the SEC's SAB 121, which requires crypto custody service providers to hold customer's digital assets on their balance sheets.

International Business Times

SEC Ripple Case: Regulator Insists $2B Penalty 'Needed' To Deter Crypto Giant's Future Violations

The SEC has reiterated in another court filing that a massive penalty on Ripple was necessary to ensure that future violations will be deterred.

International Business Times

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

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Kiplinger

Tesla Faces Potential Fraud Probe by the DOJ. Here's Why

The Justice Department is investigating Tesla for potential securities and wire fraud, according to media reports.

Investors Business Daily

Robinhood Stock Eases After Cryptocurrency Fuels Huge Earnings Beat

Trading app Robinhood posted record quarterly revenue.

The Street

Tesla Autopilot recall probe is looking into possible securities, wire fraud

Authorities want to know if the Elon Musk-led automaker misled customers, investors into believing the cars could actually drive themselves.

International Business Times

Gensler Dodges ETH Question, Says Crypto A 'Small Piece' Of Overall US Financial Market

Gensler, seemingly unmoved by calls for him and the SEC to be held accountable for "misleading" statements regarding Ether's status as a security or a commodity, once again dodged a direct question regarding the world's second-largest cryptocurrency.

International Business Times

Crypto Community Buzzes As Grayscale Withdraws Ethereum Futures ETF Application

Grayscale, which recently saw a reversal in activity around its spot Bitcoin ETFs, has withdrawn its application for Ethereum futures ETFs, raising questions among industry analysts and enthusiasts.

The Hindu

TB vaccine MTBVAC gets CDSCO nod for phase II trials

CDSCO approves Bharat Biotech's phase II clinical trial for TB vaccine in India, focusing on safety and immunogenicity.

International Business Times

'Scare Tactic': Lawmaker, Lawyer, Crypto Users Cry Foul Over SEC Robinhood Wells Notice

The crypto space is outraged over the SEC's seeming "abuse" of the Wells process as the regulator issued a Wells Notice to Robinhood's crypto arm just weeks after Uniswap received a notice.

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