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Tag: Securities and Exchange Commission (SEC)

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Elon Musk May Have Lost 100s of Millions on His February Bitcoin Gamble
News analysis In February this year cryptocurrency enthusiasts were abuzz about one of the most notable Bitcoin transactions in recent history. Tesla Motors, led by controversial billionaire Elon Musk, announced it had purchased $1.5 billion...
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Elon Musk Declines Appointment to Twitter Board of Directors, Speculation Runs Rampant
Mere days after announcing that he had acquired enough shares of Twitter to become its largest individual shareholder and publicly accepting a role on the company’s board of directors, Tesla CEO Elon Musk has backed...
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Delisting Fears Wipes Out Over $1 Trillion From Chinese Stocks
The decades-long relationship between Wall Street and China seems to be coming to an end as many Chinese companies face the risk of being removed from U.S. stock exchanges. The development comes as the Securities...
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SEC Pushes Forward With Delisting Chinese Companies
On Dec. 2, the U.S. Securities and Exchange Commission (SEC) announced its final plan on implementing a new law that requires foreign companies to observe U.S. accounting rules and comply with information requests made by...
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Facebook’s Latest Scandal: Exposing Low Digitally Skilled Users to More Violent and Adult Content
Facebook has been dealing with scandal after scandal for some time and has come under intense scrutiny from global lawmakers and regulators. According to a recent report, users with low digital literacy skills have become...
A sign is posted outside of a Wells Fargo bank.
Elizabeth Warren Encourages The Fed to ‘Break Up Scandal-Hit Wells Fargo’
Democrat Senator Elizabeth Warren has written a letter to the Federal Reserve urging it to break up Wells Fargo. Wells Fargo is the third-largest bank in America in terms of assets. Warren sits on the...
Treasury Secretary Janet Yellen has announced a review of the risks posed by climate change on the financial system
Treasury Secretary to Review Climate Change Risk to US Financial System
Janet Yellen, the U.S. Treasury Secretary, has announced that she will be leading an effort by some of the top regulators in the country to determine the potential risks posed to the financial system by...