Latest U.S. Securities and Exchange Commission News

Arista Networks former chairman agrees to pay nearly $1M to settle insider trading charges

Mar. 26, 2024 10:38 AM EDT

The founder and former chairman of technology company Arista Networks has agreed to pay almost $1 million to settle insider trading charges. The Securities and Exchange Commission said Tuesday that Andreas “Andy” Bechtolsheim misappropriated material nonpublic information related...

Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits

Mar. 22, 2024 15:04 PM EDT

Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions, the company said in a regulatory filing Friday. The New York-based company also agreed to change its business practices to ensure...

SEC approves rule requiring some companies to report greenhouse gas emissions. Legal challenges loom

Mar. 06, 2024 18:58 PM EST

WASHINGTON (AP) — The U.S. Securities and Exchange Commission on Wednesday approved a rule that will require some public companies to report their greenhouse gas emissions and climate risks, after last-minute revisions that weakened the directive in the face of strong pushback from companies. ...

Accounting investigation under way at ADM and its top financial executive has been placed on leave

Jan. 22, 2024 16:13 PM EST

CHICAGO (AP) — An accounting investigation is under way at Archer Daniels Midland and the top financial executive at the agribusiness giant has been placed on administrative leave. The company postponed the release of its annual and quarterly financial reports that were scheduled...

Bid by meatpacker JBS to join New York Stock Exchange faces opposition over Amazon deforestation

Jan. 18, 2024 20:15 PM EST

BRASILIA, Brazil (AP) — In recent weeks, lawmakers in the United States and the United Kingdom have sent letters to the Securities and Exchange Commission cautioning against the listing of JBS, the world's largest meatpacking company, on the New York Stock Exchange. Trading on the...

New funds will make investing in bitcoin easier. Here’s what you need to know

Jan. 11, 2024 10:57 AM EST

NEW YORK (AP) — Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for everyday investors. The new exchange-traded funds, or ETFs, give investors an asset that closely tracks the price of...

Regulators approve new bitcoin funds in move that could spur more investment in the digital currency

Jan. 10, 2024 19:03 PM EST

NEW YORK (AP) — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or endorses bitcoin. The SEC said it...