Latest Securities regulation News

Missouri lawmakers advance anti-carjacking bill

Feb. 19, 2020 6:12 PM EST

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers on Wednesday advanced a bill to give more options for prosecuting people for carjackings, a move praised by some as a way to combat an uptick in violent crime and criticized by others as too expansive and harsh. The legislation follows a particularly bloody...

President Donald Trump talks to the media before he boards Air Force One for a trip to Los Angeles to attend a campaign fundraiser, Tuesday, Feb. 18, 2020, at Andrews Air Force Base, Md. (AP Photo/Evan Vucci)

President Trump goes on clemency spree, and the list is long

Feb. 19, 2020 6:18 AM EST

WASHINGTON (AP) — President Donald Trump went on a clemency blitz Tuesday, commuting former Illinois Gov. Rod Blagojevich's 14-year prison sentence and pardoning former New York City police commissioner Bernie Kerik, among a long list of others. Those who got a break from Trump include financier Michael...

FILE - In this April 30, 2018, file photo,  financier Michael Milken leads a discussion at the Milken Institute Global Conference in Beverly Hills, Calif. (AP Photo/Jae C. Hong, File )

11 big and not-so-big names granted clemency by Trump

Feb. 18, 2020 6:19 PM EST

Some were big names who grabbed national headlines while others were lesser known but also faced serious charges and prison. A look at who was granted clemency Tuesday by President Donald Trump and an overview of their criminal cases: PARDONS Edward DeBartolo, Jr. was the owner of the San Francisco 49ers when...

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla offers $2B in added shares, discloses SEC subpoena

Feb. 13, 2020 12:49 PM EST

DETROIT (AP) — Tesla said that is selling $2 billion worth of additional stock, that its U.S. revenue fell last year and that securities regulators are scrutinizing its finances. All of the developments Thursday were disclosed in filings with U.S. Securities and Exchange Commission, which in December...

People walk past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, Feb. 12, 2020. Asian shares were higher Wednesday, although the outbreak of a new virus in the region continued to weigh on investor sentiments. (AP Photo/Kin Cheung)

Asian shares rise despite worries about virus outbreak

Feb. 11, 2020 10:37 PM EST

TOKYO (AP) — Asian shares were higher Wednesday, although the outbreak of a new virus in the region continued to weigh on investor sentiments. Japan's Nikkei 225 rose 0.5% in morning trading to 23,813.14. Australia's S&P/ASX 200 gained 0.6% to 7,094.00. Hong Kong's Hang Seng added 0.7% to 27,771.29,...

How major US stock indexes fared Tuesday

Feb. 11, 2020 5:12 PM EST

Stocks closed mostly higher on Wall Street Tuesday, nudging the S&P 500 and Nasdaq to all-time highs for the second straight day. Health care companies, retailers and banks rose. Technology stocks fell after federal regulators said they are ramping up a probe into Microsoft and other tech giants. On...

Boeing confirms SEC investigating disclosures around 737 Max

Feb. 3, 2020 4:58 PM EST

WASHINGTON (AP) — Boeing Co. has confirmed that securities regulators are investigating the company in connection with the 737 Max, which was grounded after two deadly crashes. Boeing disclosed the Securities and Exchange Commission investigation in a regulatory filing Friday. The filing provides few...

Pope County voters will decide on future casino revenue

Feb. 3, 2020 4:07 PM EST

RUSSELLVILLE, Ark. (AP) — Voters in an Arkansas county will decide whether to use expected casino revenue to pay for improvements, including a new jail and senior citizens center. Pope County residents will vote March 3 on whether to allocate more than $80 million for improvement projects in the community,...

Washington cannabis farm focus of $4.8M Ponzi scheme case

Feb. 3, 2020 1:53 PM EST

SEATTLE (AP) — A Seattle cannabis farm owner was accused of operating a Ponzi scheme that took in $4.85 million from at least two dozen investors in Washington, Arizona, California and Texas. Robert W. Russell, 60, of Duvall was charged by the U.S. Securities and Exchange Commission with civil violations...

State says plant cleanup money coming, but some skeptical

Jan. 15, 2020 2:45 PM EST

BILLINGS, Mont. (AP) — Montana regulators said they expect to have about $400 million in bonds in place by July to pay for future cleanup work at the Colstrip power plant. But the statement by the Montana Department of Environmental Quality was met with skepticism from state lawmakers who said they...