SoftBank Says Unaware of SEC Probe Into Securities Trading

SoftBank Group Corp. has no knowledge of the U.S. Securities and Exchange Commission investigating its trading activities, the company says after reports emerged suggesting it was the subject of a probe.

• Vice News reported, based off a PlainSite tweet, that the SEC is investigating SoftBank
• “SoftBank Group takes its obligations with respect to all regulatory matters very seriously. We are not aware of any SEC investigation into the company’s securities trading and have not been notified by them to date,” a SoftBank spokesperson said
• NOTE: The Japanese investment giant led by Masayoshi Son has been an active funder ...