Latest Securities regulation News

Global markets rise as investors watch US-China trade talks

May. 10, 2019 7:19 AM EDT

TOKYO (AP) — Global stock markets were mostly higher on Friday in volatile trading as investors appeared to hope that the United States and China might yet reach a deal to solve their escalating trade war. France's CAC 40 gained 1.0% to 5,3634, while Germany's DAX added 1.2% to 12,121. Britain's FTSE 100...

Fines, jail time? Trump team resists oversight, Dems dig in

May. 5, 2019 11:04 AM EDT

WASHINGTON (AP) — They're talking at the Capitol about jailing people. Imposing steep fines. All sorts of extraordinary, if long-shot measures to force the White House to comply with Democratic lawmakers' request for information about President Donald Trump stemming from the special counsel's Russia...

Elon Musk and SEC settle dispute over Telsa CEO's tweets

Apr. 26, 2019 7:56 PM EDT

WASHINGTON (AP) — Elon Musk and U.S. securities regulators have settled their dispute over the Tesla CEO's tweets, with Musk agreeing to having his future communications regarding the electric-car maker pre-approved by a company-employed expert. The Securities and Exchange Commission and Musk reached the...

Musk still working on pact with SEC to avoid contempt ruling

Apr. 25, 2019 8:40 PM EDT

SAN FRANCISCO (AP) — Elon Musk and U.S. securities regulators say they are still trying to work out an agreement that would avoid the Tesla CEO being held in contempt of court over his tweets. In a filing late Thursday, Musk and a counsel for the Securities and Exchange Commission asked U.S. District Judge...

Musk, SEC get another week to reach deal in contempt case

Apr. 18, 2019 6:42 PM EDT

NEW YORK (AP) — Lawyers for Tesla CEO Elon Musk and U.S. securities regulators are getting another week to negotiate a deal to keep Musk from being found in contempt of court. Both sides say in a letter filed Thursday with a federal court in New York that they talked for over an hour this week and are...

German market watchdog alleges Wirecard shares manipulated

Apr. 16, 2019 11:18 AM EDT

BERLIN (AP) — Germany's financial market watchdog says it has filed criminal complaints over alleged market manipulation affecting shares in payment service provider Wirecard AG. The regulator, known as BaFin, declined to confirm reports Tuesday that the criminal complaints also targeted journalists whose...

The Latest: Uber navigating criminal probes on road to IPO

Apr. 11, 2019 5:48 PM EDT

SAN FRANCISCO (AP) — The Latest on Uber revealing its finances ahead of its initial public offering (all times local): 2:45 p.m. Uber is forging ahead with its initial public offering of stock while the government authorities and regulators investigate whether the company broke any laws while building the...

Union: Protect casino workers from hedge fund neglect

Apr. 10, 2019 2:35 PM EDT

ATLANTIC CITY, N.J. (AP) — The nation's largest casino workers union is asking gambling regulators to protect employees from neglect by hedge funds or private equity firms seeking short-term returns from casino ownership. Unite Here approached gambling regulators in three states Wednesday, asking them to...

Elon Musk, SEC told to meet for at least 1 hour about tweets

Apr. 5, 2019 1:25 PM EDT

DETROIT (AP) — A federal judge in New York has ordered Tesla CEO Elon Musk and U.S. securities regulators to meet for at least an hour to try and settle a dispute over Musk's tweets. Judge Alison Nathan also told both sides Friday to send her a letter by April 18 saying whether they have reached a deal. If...

Tesla CEO Musk gets reprieve in contempt-of-court hearing

Apr. 4, 2019 7:05 PM EDT

NEW YORK (AP) — A judge on Thursday urged stock market regulators and Tesla CEO Elon Musk to amicably settle their dispute over his tweets. If not, she said she'll decide whether to grant regulators' request that the outspoken executive face escalating fines if he breaks rules protecting investors. U.S....