SEC Backs Audit Board Budget That Cuts Leaders’ Pay, Enforcement
The Securities and Exchange Commission on Thursday approved a spending plan for the US audit watchdog that slashes its funding, shrinks its workforce, and scales back its enforcement arm.
PwC Elevates Engineer Roles as AI Dominates Big Four Agenda
PwC said Wednesday that it will create a formal career track for its growing pool of engineers, data scientists, and software developers in a bid to better compete for a group of in-demand professionals in the AI era.
Cemtrex Founder Ordered to Pay $10 Million in SEC Fraud Case
Cemtrex Inc. founder Aron Govil must pay an additional $9.71 million in an SEC enforcement action alleging he defrauded investors and misappropriated company funds.
Tricolor’s Founder Declines Over 100 Times to Discuss Its Demise
For five hours, lawyers for creditors pressed
Bessent Urged by Warren to Probe ‘Opaque’ Data Center Financings
US Senator
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Prudential Japan Pledges Reforms After Widespread Misconduct
SEC Seeks Fresh Pathway to Advance Stalled Adani Fraud Case
After failing to serve
SEC Sues Lottery.com, Executives for Securities Fraud Scheme
Former executives of Lottery.com Inc. and the special purpose acquisition company that took it public were sued by the Securities and Exchange Commission Thursday for falsely inflating revenues to investors.
Deere to Seek New CFO as Jepsen Departs for Honeywell Aerospace
Oaktree, Anchorage Join First Brands DIP Loan Amid Cash Burn
Distressed-debt giants
California Pair Hyped Solar Stock While Selling Shares, US Says
A California couple running an investment firm are facing federal charges alleging they promoted stock on social media while secretly selling their shares.
Matt Levine’s Money Stuff: FTX Does Some Effective Altruism
Remember FTX? Its foundation employees sure do. Also, people are worried about private credit liquidity.
SEC Backs Audit Board Budget That Cuts Leaders’ Pay, Enforcement
The Securities and Exchange Commission on Thursday approved a spending plan for the US audit watchdog that slashes its funding, shrinks its workforce, and scales back its enforcement arm.
Deep Sea Miner TMC Beats Investor Suit Over Debt Accounting Fix
TMC The Metals Co. defeated allegations the ocean floor miner misled investors over debt levels and accounting abilities for complex transactions before announcing it would revise certain 2023 financial statements.
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UBS Plans Crypto Trading for Some Clients in Digital-Asset Push
‘I Can’t Breathe.’ Police Use Restraint With Fatal Results
Bloomberg Law identified 41 incidents where law enforcement used The Wrap on someone who died. The analysis included an examination of US court records, in-custody death investigations, and videos obtained through public records requests.
Digital Asset Companies Struggle Under Patchwork State Licensing
Despite a thaw in the regulatory and political climate surrounding digital assets, companies offering digital asset services to consumers still face substantial compliance obstacles.
Prudential Japan Pledges Reforms After Widespread Misconduct
Crypto Social Platform To Repay $180 Million to Venture Backers
The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million they had invested in the project, underscoring a period of consolidation for one of the more ambitious corners of the blockchain market.
Crypto Firm BitGo Pares Gains in Debut After $212.8 Million IPO
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