The SEC said Trendon Shavers used the online moniker "pirateat40" to raise more than 732,000 bitcoin from February 2011 to August 2012.» Read More
The Home Depot said Wednesday an internal investigation of the company's stock option practices has concluded that errors caused it to have roughly $200 million in unrecorded option expense over a 26-year period.
The U.S. Senate Judiciary Committee is meeting today. They're looking into how the Securities and Exchange Commission conducted its insider trading inquiry of high-powered hedge fund--Pequot Capital. The story may seem a bit confusing--but we'll sort it out. Gary Aguirre--an attorney and investigator--was dismissed from the SEC on Sept. 1, 2005.
The Securities and Exchange Commission voted unanimously to propose tightening restrictions intended to combat manipulative short selling ahead of stock offerings.
Jefferies agreed to pay about $9.7 million to settle charges that it lavished $2 million worth of gifts, travel and other entertainment to win trading business from mutual fund giant Fidelity, the U.S. Securities and Exchange Commission said.