Government Agencies SEC

  • The SEC said in a public notice that the Division of Corporation Finance was considering "recommending that the commission seek public comment on ways to ease companies' compliance burdens while maintaining appropriate levels of disclosure and investor protection. "This subject is something the staff has been considering, even before the President...

  • The SEC said in a public notice that the Division of Corporation Finance was considering "recommending that the commission seek public comment on ways to ease companies' compliance burdens while maintaining appropriate levels of disclosure and investor protection. However, SEC Chairman Jay Clayton, a Trump appointee, last week told an audience in...

  • Oct 17- Tesla Inc Chief Executive Officer Elon Musk will purchase company stock worth $20 million in the next open trading session, the electric carmaker said in a filing on Wednesday. The news comes weeks after Tesla and Musk agreed to pay $20 million each as fine as part of a settlement with the U.S. Securities and Exchange Commission. Tesla said...

  • WASHINGTON, Oct 16- Public companies that fail to tighten their cyber security controls could be violating federal law, the U.S. Securities and Exchange Commission said on Tuesday. The Federal Bureau of Investigation estimates such scams had led to $5 billion in losses since 2013, the SEC said. The SEC did not identify the companies but said the failings of...

  • Oct 16- A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors. Judge Alison Nathan of the U.S. District Court for the Southern District of New York approved a motion filed by the U.S....

  • Oct 16- A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors. Judge Alison Nathan of the U.S. District Court for the Southern District of New York approved a motion filed by the U.S....

  • Oct 16- A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous period for investors. Judge Alison Nathan of the U.S. District Court for the Southern District of New York approved a motion filed by the U.S....

  • Oct 16- A U.S. judge on Tuesday approved the settlement between the Securities and Exchange Commission, Tesla Inc and its Chief Executive Officer Elon Musk. Musk agreed to pay a $20 million fine and step aside as Tesla's chairman for three years to settle charges that could have forced his exit from Tesla. On Oct. 4, just hours after the court ordered him and the SEC to...

  • Judge approves Tesla CEO Elon Musk's settlement with SEC

    The "Squawk on the Street" team discuss the news that a judge has approved the settlement deal between Tesla CEO Elon Musk and the Securities and Exchange Commission over Musk's "take-private" tweets.

  • Oct 16- A U.S. judge on Tuesday approved the settlement between the Securities and Exchange Commission, Tesla Inc and its Chief Executive Officer Elon Musk. Musk agreed to pay a $20 million fine and step aside as Tesla's chairman for three years to settle charges that could have forced his exit from Tesla. The company also accepted a $20 million fine, despite not...

  • WASHINGTON, Oct 11- The head of the U.S. Securities and Exchange Commission said on Thursday the agency was in no rush to change quarterly reporting requirements for large public companies, two months after President Donald Trump ordered his agency to study the matter. "I dont think quarterly reporting is going to change for our top names anytime soon," said...

  • SEC's Clayton: Market functioned well yesterday

    CNBC's John Harwood reports on SEC Chairman Jay Clayton's comments regarding the market sell-off yesterday.

  • Oct 11- The U.S. Securities and Exchange Commission, Tesla Inc and Chief Executive Officer Elon Musk submitted a joint filing late on Wednesday in support of a settlement, saying the terms were in the best interest of investors. Last week, a federal judge had ordered the SEC and Musk to justify their securities fraud settlement, which let Musk remain CEO, by Oct. 11.

  • Oct 11- U.S. Securities and Exchange Commission, Tesla Inc and Chief Executive Officer Elon Musk filed a submission late on Wednesday in support of the approval and resolution of civil matters, saying the terms were in the best interest of investors.

  • SAN FRANCISCO/ BOSTON, Oct 10- Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported on Wednesday, citing two people briefed on the discussions. The U.S. Securities and Exchange Commission, which said Musk's tweeted statements were fraudulent, allowed...

  • Oct 10- Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported on Wednesday, citing two people briefed on the discussions. The U.S. Securities and Exchange Commission, which said the statement was fraudulent, allowed the billionaire to retain his role as...

  • Elon Musk 

    LinkedIn's co-founder, who worked with Musk at PayPal, says Musk is focused "three, five, 10 years into the future." 

  • Indra Nooyi, Alan Mulally, Gary Cohn could be good picks for Tesla's board: Kara Swisher

    Recode Co-Founder Kara Swisher discusses Tesla CEO Elon Musk's tweet calling the SEC the "Shortseller Enrichment Commission" shortly after his settlement over making "false and misleading" statements.

  • Oct 5- Shares of Tesla Inc fell 7 percent on Friday, as David Einhorn's hedge fund Greenlight Capital slammed the electric carmaker the day after Tesla CEO Elon Musk mocked the U.S. Securities and Exchange Commission on Twitter. The sell-off started in morning trading the day after Musk stirred nerves about a settlement of his securities fraud lawsuit by...

  • Oct 5- Shares of Tesla Inc fell 7 percent on Friday after David Einhorn's hedge fund Greenlight Capital slammed the electric carmaker, adding to losses sparked by CEO Elon Musk mocking the U.S. Securities and Exchange Commission on Twitter. Musk stirred nerves about a settlement of his securities fraud lawsuit by calling the SEC the " Shortseller Enrichment...