New Report: SEC Charges 11 Wall Street Firms Whopping $289m
A new report released on Tuesday shows that the SEC has charged 11 Wall Street firms $289m for widespread recordkeeping failures.
15 Congress Members Have Now Requested MMTLP Update from SEC
A total of 15 congress members are now requesting an MMTLP update from SEC Chairman Gary Gensler relating to fraud allegations.
The Short Sale Ban is Really Up for Debate
An SEC official says a short sale ban is not something the commission is currently contemplating. However, Chairman Gensler has the final say.
SEC to Enforce New Disclosure Rules Later This Year
The SEC will enforce new disclosure rules later this year that will increase "transparency and integrity" of corporate stock repurchasing.
Bankers Want an Emergency Ban on Short Selling
Bankers are urging the SEC for an emergency ban on short selling. Last week, they began to raise concerns of manipulative trading.