Two Sigma voluntarily repaid $165 million to impacted funds and accounts during the SEC's investigation and agreed to pay $90 million in civil penalties to settle the SEC's charges, the agency said in a statement.
The end of the SEC’s regulate-by-enforcement strategy will be an improvement, however it shakes out, Howard Fischer and Liberty McAteer write in a guest commentary.
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.
The Securities and Exchange Commission, which is responsible for enforcing laws against market manipulation, says the SpaceX and Tesla CEO ignored the deadline.
The U.S. SEC is willing to continue its years-long battle with the blockchain-powered cross-border remittance provider Ripple. However, Ripple’s chief legal officer Stuart Alderoty termed the case as noise and believes the case will be dismissed in the next administration.
In another 11th-hour court loss for Chair Gary Gensler's tenure, judges in a Coinbase case again call the SEC's crypto position "arbitrary and capricious."
A judge just ordered the U.S. Securities and Exchange Commission (SEC) to craft a more thorough response to a petition from Coinbase.
The Securities and Exchange Commission said it reached a settlement agreement with WWE co-founder Vince McMahon, which requires he pay a civil penalty and reimburse the WWE $1.33 million following a yearslong probe over administrative charges.
The U.S. Supreme Court's ruling confirms that Binance must comply with U.S. securities laws, even without a physical office in the country, allowing a key lawsuit to proceed.
Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits against the Securities and Exchange Commission concerning the purchase and sale of crypto assets and a potential shift in enforcement activity with a change in administration.
Regulators found that DCG and Genesis chief Soichoro Moro downplayed the impact of a mid-2022 default by one of its largest borrowers, Three Arrow Capital, the SEC said in a statement. The SEC said Moro made false or misleading statements on Twitter,
Pro-XRP attorney Jeremy Hogan critiques the SEC’s appeal in the Ripple case, forecasting a favorable outcome for Ripple and highlighting weaknesses in the SEC’s arguments.