Government Agencies SEC

  • R. Allen Stanford and Bernard Madoff

    The Securities and Exchange Commission shut down R. Allen Stanford's operations 10 years ago this week. As with Madoff, the SEC missed warning signs of the $8 billion fraud for years.

  • How the SEC is trying to pave the way for more IPOs

    CNBC's Bob Pisani discusses the SEC's methods of trying to coax private companies into going public with the "Squawk on the Street" team.

  • Feb 20- Tesla Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker just two months into the job, the latest in a string of top-level departures at the company. Tesla hired Butswinkas as an outside counsel last year to help settle a case with the U.S. Securities and Exchange Commission after Musk tweeted that he had secured...

  • Billionaire Elon Musk, chief executive officer of Tesla, left, speaks as Jeffrey Straubel, chief technical officer and co-founder of Tesla, listens.

    Tesla is "quite possibly going to get bought out" by a large tech player like Apple, according to one fund manager.

  • Why investors shouldn't worry about Elon Musk

    Cathie Wood of Ark Invest sits down with "Squawk Box" to discuss her recent interview with Elon Musk and what she thinks about the trajectory of Tesla.

  • WASHINGTON, Feb 19- The U.S. Securities and Exchange Commission proposed on Tuesday to expand a rule that allows companies to sound prospective investors out privately before going public. The move forms part of a broader push by SEC chairman Jay Clayton to make it easier for companies to go public by relaxing rules, amid worries that a 50 percent decline in U.S....

  • FRANKFURT, Feb 16- Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission. That marks a reduction from 7.64 percent of voting rights reported in the most recent filing in Germany. A spokesman for HNA in Germany declined to comment.

  • "We disagree with the government overreach, and this really represents an unprecedented attempt by the SEC to distort the free market mechanisms that govern the competition among trading venues," Michael Blaugrund, head of transactions at NYSE, told reporters in New York on Friday. Intercontinental Exchange Inc's NYSE, Nasdaq Inc, and Cboe Global Markets, which...

  • In this photo illustration Levi's 501 blue jeans by U.S. clothing manufacturer Levi Strauss are seen on March 8, 2018 in Berlin, Germany. U.S. President Donald Trump has promised to sign into law tariffs on imported steel and aluminum today and the European Commission has vowed to retaliate with tariffs on Levi's jeans, Kentucky bourbon and Harley-Davidson motorcycles.

    Levi's went public for the first time in 1971, but descendants of the founder took the company private again in 1985. The company has since struggled but staged a comeback after Chief Executive Officer Chip Bergh took the reins in 2011.

  • The railroad had planned to sell 28.3 million shares in its IPO, which was expected to be priced at $17 to $19 per share, according to its filing with the U.S. Securities and Exchange Commission. "The price they were expecting was too high and it would have led the listing to go off the tracks, said Eric Schiffer, chief executive officer at investment firm Patriarch...

  • DETROIT, Feb 6- General Motors Co on Wednesday outlined an incentive plan for the head of its self-driving car unit that points the way toward a possible initial public offering for the business. The No. 1 U.S. automaker disclosed a long-term compensation plan that incentivizes Dan Ammann, chief executive of the Cruise unit, to develop the technology and...

  • DETROIT, Feb 6- The head of General Motors Co's Cruise self-driving car unit stands to make more than $179 million over the next decade if the technology subsidiary experiences a change in ownership or is listed publicly, according to a regulatory filing on Wednesday. Dan Ammann, who stepped down as GM's president and was named chief executive of Cruise at the...

  • SAO PAULO, Feb 5- A shareholder in Eldorado Brasil Celulose SA has sent letters to the U.S. Securities and Exchange Commission complaining that bond investors had received inaccurate information ahead of a planned bond issue by the Brazilian pulpmaker. According to documents seen by Reuters, law firm Mehigan wrote to the SEC on behalf of shareholder CA...

  • Feb 4- Slack Technologies Inc said on Monday it had confidentially applied with the U.S. Securities and Exchange Commission to list shares publicly, moving business messaging service a step closer to going public in what is expected to be a high-profile year for initial public offerings. The number of paying customers using Slack has risen by more than 50...

  • Corruption concept,Business man passing money dollar bills corruption bribery to businessman manager

    Many investors don't spot investment fraud until it's too late. Here are the signs regulators say you should look for.

  • Jan 28- Saudi Arabia's Public Investment Fund has slashed its exposure to Tesla Inc, the Financial Times reported on Monday, citing people with direct knowledge of the matter. Tesla Chief Executive Officer Elon Musk said in August that the PIF had expressed support for a $72 billion deal to take the company private. The U.S. Securities and Exchange Commission in...

  • Nissan confirms SEC inquiry into company payment practices

    Nissan has confirmed it has received an inquiry from the S.E.C. following Carlos Ghosn's arrest for under-reporting his income.

  • *Bloomberg says SEC probing Nissan's executive pay disclosures. The report, citing sources, said the SEC is examining whether the company maintained adequate controls to prevent improper payments and whether lapses by Nissan violated U.S. securities law. https://bloom.bg/2RVycAE. Separately, the Wall Street Journal reported that the SEC also sent a...

  • *Bloomberg says SEC probing Nissan's executive pay disclosures. Bloomberg, citing sources, said the SEC is examining whether the company maintained adequate controls to prevent improper payments. https://bloom.bg/2RVycAE. Separately, the Wall Street Journal reported that the SEC also sent a request for information to Ghosn.

  • *Bloomberg says probe is on executive pay disclosures at Nissan. TOKYO, Jan 28- Nissan Motor Co said on Monday that it was co-operating with an inquiry by the U.S. Securities and Exchange Commission after a report said the regulator was investigating the Japanese automaker's disclosures on executive pay. Bloomberg, citing sources, said the SEC is examining...