Latest Securities regulation News

Teens create a ‘period pantry’ for free pads, tampons

Dec. 04, 2022 09:03 AM EST

VIENNA, Va. (AP) — When Ariyanna Ghala, 14, was shopping with her mom, she noticed how expensive a box of pads were and thought there must be something she could do to help people who couldn’t afford them. The teen in Vienna, Va., talked to her friends Ramsey Warner and Isabel...

$3.5M gene therapy for hemophilia gets FDA approval

Nov. 22, 2022 18:23 PM EST

WASHINGTON (AP) — U.S. health regulators on Tuesday approved the first gene therapy for hemophilia, a $3.5 million one-time treatment for the blood-clotting disorder. The Food and Drug Administration cleared Hemgenix, an IV treatment for adults with hemophilia B, the less common...

3 top law schools quit US News rankings over equity concerns

Nov. 17, 2022 20:57 PM EST

The University of California, Berkeley's law school on Thursday joined the law programs at Harvard and Yale in pulling out of U.S. News & World Report's rankings over concerns that they punish efforts to attract students from a broad range of backgrounds. Deans of all three law...

In Hong Kong, world bankers urged not to 'bet against' China

Nov. 02, 2022 06:50 AM EDT

HONG KONG (AP) — Chinese regulators downplayed China’s real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. About 200 global financial executives gathered...

Ex-Wilmington Trust president reaches settlement with SEC

Nov. 01, 2022 18:54 PM EDT

DOVER, Del. (AP) — The former president of the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis has reached a settlement with federal securities regulators in a related civil action. In...

Why did Elon Musk just spend billions to take over Twitter?

Oct. 28, 2022 10:56 AM EDT

Elon Musk has taken over Twitter and fired its CEO and other top executives. Trading in company shares was suspended Friday on the New York Stock Exchange and the stock will be officially delisted early next month, according to a filing with securities regulators. So now what? WHY...

Executives could forfeit some compensation under new rule

Oct. 26, 2022 13:34 PM EDT

Securities regulators wants to make sure publicly traded companies recover any executive compensation that’s awarded based on financial statements that are found to contain errors. The Securities and Exchange Commission said Wednesday that it has adopted a rule that calls on...

Battle rages in W.Va. over control of public school policy

Oct. 24, 2022 12:08 PM EDT

CHARLESTON, W.Va. (AP) — Voters in West Virginia will get the final say on a ballot question that would amend the state constitution to give the Republican-dominated legislature control over virtually every aspect of public schooling. The vote comes amid a fight raging nationally...

Dr. Oz made reputation as a surgeon, a fortune as a salesman

Oct. 20, 2022 15:59 PM EDT

HARRISBURG, Pa. (AP) — Dr. Mehmet Oz rolled onstage inside of an inflatable orb, put on a hydrating face mask and proceeded to pitch a new line of skin care products to a convention of supplement distributors at Salt Lake City’s Vivint Arena in 2018. The crowd roared in applause. ...

Meta agrees to sell Giphy, ending battle with UK regulators

Oct. 18, 2022 10:04 AM EDT

LONDON (AP) — Facebook parent Meta said Tuesday that it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation. Britain’s competition watchdog...