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Musk Reaches $1.5 Million SEC Settlement Over Delayed Twitter Stake Disclosure

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Elon Musk has agreed to a $1.5 million civil penalty to resolve claims brought by the Securities and Exchange Commission over his delayed disclosure of a significant stake in Twitter prior to acquiring the company in 2022.   The SEC alleged Musk failed to timely...

SEC Enforcement Director Margaret Ryan Resigns; Sam Waldon Named Acting Head

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Margaret Ryan has stepped down as Director of the SEC’s Division of Enforcement, with Principal Deputy Director Sam Waldon taking over in an acting capacity.   SEC Chairman Paul S. Atkins praised Ryan for her service, saying she helped refocus the division on...

Binance Celebrates SEC Lawsuit Dismissal as Win for Crypto and U.S. Innovation

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Binance marked a major victory on Thursday following the dismissal of a long-running lawsuit brought by the U.S. Securities and Exchange Commission (SEC), calling it a pivotal moment not just for the company but for the entire digital asset industry.   Calling it...

SEC Chair Outlines New Crypto Framework as Trump-Backed Bitcoin Miner Prepares Nasdaq Debut

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SEC Chair Paul Atkins on Monday unveiled plans to revamp the agency’s approach to cryptocurrency regulation, aiming to create clearer guidelines for token distributions and consider new exemptions where necessary. Speaking at the start of a public meeting of the SEC’s...

SEC Offers Employees $50,000 to Resign or Retire as Part of Federal Workforce Cuts

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The U.S. Securities and Exchange Commission is offering select employees $50,000 to resign or retire under an early exit program, according to an agency memo.   The SEC, along with other federal agencies, is exploring ways to reduce staff and costs in response to...
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