SEC

“Cuckoo for Cocoa Puffs”: Ripple CEO Rips SEC as XRP Soars

Key Takeaways Ripple CEO Brad Garlinghouse went on Fox Business today to discuss the latest developments in the company’s lawsuit. Garlinghouse said the SEC had “lost its way” and was “cuckoo for cocoa puffs.” XRP shot up by 17% in the lead-up to Garlinghouse’s television appearance. Share this article XRP is surging after Brad Garlinghouse, …

“Cuckoo for Cocoa Puffs”: Ripple CEO Rips SEC as XRP Soars Read More »

SAVA Stock Rockets After SEC Clears Data Manipulation Case

The Securities and Exchange Commission reportedly cleared an investigation into Cassava Sciences (SAVA), leading SAVA stock to hit a seven-month high Thursday. X On today’s stock market, SAVA stock rocketed 35.7% to 51.06. Last November, the SEC launched an investigation into Cassava’s simufilam research. Scientists — who also held short positions in SAVA stock — …

SAVA Stock Rockets After SEC Clears Data Manipulation Case Read More »

Robinhood rises after report that SEC will not ban payment for order flow

A woman holds a smartphone with the Robinhood logo in the background.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesShares of retail brokerage Robinhood moved higher on Thursday after a report that U.S. regulators would not ban payment for order flow, a key part of the company’s business model.Bloomberg News reported that the Securities …

Robinhood rises after report that SEC will not ban payment for order flow Read More »

MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing

MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing.MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC over several years at an aggregate purchase price …

MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing Read More »

Elon Musk sends a third notice to Twitter and the SEC to end the deal

Elon Musk has sent a third letter to Twitter attempting to terminate his $44 billion acquisition of the company. Musk’s legal team cited Twitter’s multimillion dollar severance payment to former security chief and whistleblower Peiter Zatko as a violation of the merger agreement and a reason to end the deal. The letter, dated September 9th, …

Elon Musk sends a third notice to Twitter and the SEC to end the deal Read More »

Gary Gensler’s gross SEC overreach

FOX Business senior correspondent Charlie Gasparino speaks to attorney John Deaton about the highly publicized court case on ‘The Claman Countdown.’ The Supreme Court may have recently struck down overreach by the Environmental Protection Agency, but at the Securities and Exchange Commission, chairman Gary Gensler remains undeterred in expanding the agency’s power beyond its constitutional …

Gary Gensler’s gross SEC overreach Read More »

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. Chair Gensler Highlights SEC’s Work on Crypto Regulation SEC Chairman …

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation – Regulation Bitcoin News Read More »

Trump media company gets subpoena in federal criminal probe of SPAC deal

Former U.S. President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual “Road To Majority Policy Conference” at the Gaylord Opryland Resort & Convention Center June 17, 2022 in Nashville, Tennessee.Seth Herald | Getty ImagesDonald Trump’s media company was subpoenaed by a federal grand jury in connection with a …

Trump media company gets subpoena in federal criminal probe of SPAC deal Read More »