Tag: Securities and Exchange Commission
MacKenzie Scott has cut her stake in Amazon by 42%—worth nearly $13 billion—as the billionaire casually donates over $110 million to DEI causes | Fortune
After gaining 400 million Amazon shares following her 2019 divorce from the company’s founder, Jeff Bezos, billionaire philanthropist MacKenzie Scott has now slashed her...
A whopping 72% of S&P 500 companies disclosed AI as a ‘material risk’ on their 10-Ks this year | Fortune
AI is everywhere these days—and that means so is AI risk.
Among S&P 500 companies, 72% mentioned AI as a material risk on their Form 10-Ks this...
Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading
In mid-July, the stock for the cancer drug developer MEI Pharma skyrocketed. It wasn’t because the small company, first listed on the Nasdaq in...
Former SEC commissioner and AI CEO: An AI-enabled future is inspiring, but it takes planning and work
Artificial intelligence may end up being more impactful than the Industrial Revolution. The private sector already has invested vast sums into developing and deploying...
The SEC just unveiled ‘Project Crypto’: What you need to know
On Thursday, Securities and Exchange Commission chair Paul Atkins delivered an address signaling a new era for the top regulator. After the SEC spent...
The SEC’s ‘Frankenstein patchwork of rules’ for disclosing executive perks is due for a makeover
In an era when Jeff Bezos and Mark Zuckerberg are household names, many C-suiters can be considered public figures. That status, though, comes with...
Republican banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards
The Securities and Exchange Commission has accused Edwin Brant Frost IV and his private lending company First Liberty Building & Loan with allegedly presiding...
The SEC opened the ‘floodgates’ for crypto ETFs, experts say, marking a new era for the industry
The Securities and Exchange Commission’s latest guidance bangs the door wide open for an influx of funds exposed to cryptocurrencies like Solana, Ripple’s XRP,...
