Latest Securities regulation News
Gov. Baker signs bill ensuring mail-in ballots, early voting
BOSTON (AP) — A voting rights bill designed to ensure that mail-in ballots and early voting become permanent fixtures in future Massachusetts elections was signed into law Wednesday by Republican Gov. Charlie Baker. The new law, which had passed the Democrat-controlled...
Texas AG strides into Twitter takeover drama to bolster Musk
WASHINGTON (AP) — State officials across the nation have taken on Big Tech companies in the courts and state legislatures, and federal regulators have nipped at Twitter over alleged violations of users’ data privacy. Now, one state attorney general with an outsize personality and...
Ruling in securities case could mean limits on regulators
NEW ORLEANS (AP) — A divided federal appeals court panel in New Orleans has vacated stiff financial penalties imposed on a hedge fund manager by the Securities and Exchange Commission, ruling that he was unconstitutionally denied a jury trial by the agency. This week's 2-1 ruling...
As diversity rises, US boards still disproportionately white
NEW YORK (AP) — Amid the push to get U.S. boardrooms to look more like companies’ customers and employees, advocates are finally seeing just how steep the task will be. Boards of directors at publicly traded U.S. companies are much more white and much less diverse than the...
AP source: SEC, Pac-12 leaders to push for NIL law in DC
SCOTTSDALE, Ariz. (AP) — The commissioners of the Southeastern Conference and Pac-12 are scheduled to meet with lawmakers in Washington on Thursday to lobby for federal legislation to regulate name, image and likeness compensation to athletes. Greg Sankey of the SEC and George...
Dems hone populist appeal with proposed stock trading ban
WASHINGTON (AP) — When Rep. Abigail Spanberger first introduced a bill banning stock trading by members of Congress and their families, the Virginia Democrat managed to get only eight co-sponsors. So far this session, 62 — or about one out of every seven House members — have signed on. ...
Judge clears way for initiative to repeal capital gains tax
OLYMPIA, Wash. (AP) — Opponents of the state’s new capital gains tax can begin gathering signatures on an initiative seeking to repeal the law after a judge approved final wording for how the measure would be described on the ballot and the initiative petitions. The Everett...
Musk ordered to abide by SEC settlement over 2018 tweets
DETROIT (AP) — A federal judge has rejected Elon Musk’s bid to throw out a securities fraud settlement over tweets claiming that Musk had the funding to take Tesla private in 2018. Judge Lewis Liman on Wednesday also denied a motion to nullify a subpoena of Musk seeking...
Oklahoma governor signs ban on nonbinary birth certificates
OKLAHOMA CITY (AP) — Oklahoma Gov. Kevin Stitt signed a bill Tuesday explicitly prohibiting the use of nonbinary gender markers on state birth certificates, a ban experts say is the first of its kind in the nation. The bill followed a flap last year over the Oklahoma State...
Lawmakers finalize budget, include $500M for Titans stadium
NASHVILLE, Tenn. (AP) — Tennessee lawmakers on Thursday finalized the state's $52.8 billion spending plan for the upcoming year, squeaking through $500 million in bonds to help pay for a Tennessee Titans stadium, as well as more money for education and law enforcement. The budget...
