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SEC News

Crypto prices dive after the SEC promises more regulation

Cryptocurrency’s rollercoaster ride took a sharp downwards swing Wednesday as the Securities and Exchange Commission issued a statement warning against unlicensed crypto exchanges. The commission confirmed that any exchange that allows investors to >>

SEC charges former Deutsche Telekom execs with bribery

The United States Securities and Exchange Commission on Thursday charged former executives at Deutsche Telekom’s Magyar Telekom unit with bribery and violating the Foreign Corrupt Practices Act. The federal agency said three Magyar >>

IBM agrees to pay $10 million in bribery case

International Business Machines (IBM)  has agreed to a settlement in a bribery case filed by the Security and Exchange Commission (SEC). The SEC alleges that IBM, through its overseas subsidiaries, bribed Chinese and South Korean government officials with >>

SEC investigates legality of ‘channel checks’

Some analysts could soon find themselves in hot water as the U.S. Securities and Exchange Commission has opened an investigation into the legality of “channel checks.” Channel checks refer to the practice whereby >>

Steve Ballmer cashes in 49 million Microsoft shares

Microsoft has issued a statement describing Steve Ballmer’s plans to sell up to 75 million shares in order “to gain financial diversification and to assist in tax planning”. A sale this large is >>