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Government Agencies SEC

  • The SEC said the purchases resulted in about $427,000 of profit for Darvasi and $4.5 million for Waldman, after the announcement caused shares of Jerusalem- based Mobileye to rise 28.2 percent in one day. According to the SEC, both defendants were connected to Mobileye insiders through the scientific academic community at the Hebrew University of Jerusalem,...

  • Michael Piwowar, who is acting chairman while President Donald Trump's appointee for the post Jay Clayton awaits confirmation by the U.S. Senate, announced the plan in a speech at Columbia University in New York City. "I have come to believe that the SEC rulemaking process would be more appropriate for such an important undertaking as the access fee pilot," said...

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against Democrats' charges that multiple conflicts of interest would force him to miss too many SEC votes. Clayton, a partner at elite law firm Sullivan& Cromwell, is expected to win...

  • The SEC said the purchases resulted in about $427,000 of profit for Darvasi and $4.5 million for Waldman, after the announcement caused shares of Jerusalem- based Mobileye to rise 28.2 percent in one day. According to the SEC, both defendants were connected to Mobileye insiders through the scientific academic community at the Hebrew University of Jerusalem,...

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against Democrats' charges that multiple conflicts of interest would force him to miss too many SEC votes. Clayton, a partner at elite law firm Sullivan& Cromwell, is expected to win...

  • Trump SEC pick face questions on Capitol Hill

    CNBC's Ylan Mui reports on the confirmation hearing for Jay Clayton to head up the SEC.

  • NEW YORK, March 23- Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for $15.3 billion. The SEC said on Thursday that Ariel Darvasi and Amir Waldman made more than $4.9 million of profit by...

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against Democrats' charges that multiple conflicts of interest would force him to miss too many SEC votes. Clayton, a partner at elite commercial law firm Sullivan& Cromwell, is expected to...

  • Jay Claton is sworn in before the Senate Banking Committee during his confirmation hearing to be chairman of the Securities and Exchange Commission in the Dirksen Senate Office Building on Capitol Hill March 23, 2017 in Washington, DC.

    Attorney Jay Clayton sought to assure his congressional vetters that he'll act only in the public interest and will show no favoritism.

  • Jay Claton testifies before the Senate Banking Committee during his confirmation hearing to be chairman of the Securities and Exchange Commission in the Dirksen Senate Office Building on Capitol Hill March 23, 2017 in Washington, DC.

    Democrats on the Senate Banking Committee raised concerns about his professional ties to Wall Street.

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against charges from Democrats that he had multiple conflicts of interest that would cause him to miss too many SEC votes. The senior Democrat on the committee, Sherrod Brown of Ohio, said he...

  • WASHINGTON— President Donald Trump's nominee to lead the Securities and Exchange Commission, attorney Jay Clayton, sought to assure lawmakers that he'll show no favoritism and act only in the public interest, as his Wall Street connections were scrutinized at his Senate confirmation hearing Thursday. As SEC chairman, Clayton would be in charge of, among other...

  • SEC Nominee: Too costly for companies to go public

    Paul Atkins, Patomak Global Partners CEO and former SEC commissioner, discusses the confirmation hearing for Trump's pick to head the SEC, Jay Clayton, and the deregulatory push from the administration.

  • U.S. SENATE BANKING CHAIRMAN CRAPO CALLS FOR SECURITIES AND EXCHANGE COMMISSION "TO HAVE ROBUST COST BENEFIT ANALYSIS".

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, will face questions on his vision for the agency at his confirmation hearing on Thursday before the Senate Banking Committee. A partner at Sullivan& Cromwell who is not registered with any political party, Clayton has...

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, will face questions on his vision for the agency at his confirmation hearing on Thursday before the Senate Banking Committee. A partner at Sullivan& Cromwell who is not registered with any political party, Clayton has...

  • WASHINGTON, March 22- Jay Clayton, President Donald Trump's nominee to chair the U.S. Securities and Exchange Commission, plans to promise lawmakers at his confirmation hearing on Thursday not to shy away from going after fraudsters. Clayton, a partner at the law firm Sullivan& Cromwell who Trump picked to head the federal regulator that polices and writes rules...

  • As SEC chairman, Clayton would be in charge of, among other things, protecting investors from wrongdoing on Wall Street. He would oversee the enforcement of rules written by the SEC under the law that reshaped the regulation of banks and Wall Street after the 2008 financial crisis and the Great Recession. And he would take part in deciding on enforcement actions...

  • WASHINGTON, March 22- U.S. securities regulators moved on Wednesday to modernize regulations that require stock and bond trades to settle within three business days, a step the industry has urged the government to take for years. The Securities and Exchange Commission voted unanimously to shorten that timeframe to two business days, a change that aims to...

  • The Securities and Exchange Commission in Washington

    The new rule shortens the amount of time it takes for stock and bond trades to settle, from three business days to two business days.