Topic: U.S. Securities and Exchange Commission

All Content

  • SAC: Feds charge hedge fund giant with fraud

    SAC Capital Advisors was charged in federal court in Manhattan in an indictment with wire fraud and four counts of securities fraud. A related civil lawsuit filed against SAC on Thursday said insider trading at the company was rampant. 

  • Bitcoin Ponzi scheme: SEC charges Texas man

    Bitcoin Ponzi scheme raised at least $4.5 million from investors in the digital currency. But SEC says Bitcoin operator used some proceeds for personal expenses, then covered withdrawals with money from new investors.

  • US lifts ban on hedge fund advertising

    Hedge funds will be allowed to advertise to the general US public for the first time after the SEC voted Wednesday to lift a decades old ban that prevented the marketing of hedge funds to a wide audience. 

  • Stocks drop on choppy day for Wall Street

    Stocks fell Tuesday on concerns that central banks will pull back from support for the global economy. Stocks began sliding from the opening bell, trailing markets in Asia and Europe.

  • Steve Cohen gets subpoena in US insider trading probe

    Steve Cohen has received a subpoena to testify before a grand jury in a federal insider trading investigation at his hedge fund, SAC Capital Advisers. Steve Cohen's subpoena puzzles defense lawyers. 

  • Buffett's firm reveals new stock investments and divestments

    Filings with the Securities and Exchange Commission revealed recent investment decisions made by Berkshire Hathaway, the investment group led by Warren Buffett. In addition to buying and selling stocks in its $85 billion U.S. stock portfolio, the company owns 80 other companies, some of which account for more than half its income.

  • In Gear Tesla Motors teases battery swapping for Model S electric car

    Tesla Motors has discussed battery swapping as part of the Model S electric car design at least since 2009, Fisher writes. Last week, Tesla Motors the company was planning to introduce features that allow for the rapid replacement of depleted battery packs.

  • Why wind farms kill eagles with federal impunity

    Oil companies are prosecuted when a bird drowns in a waste pit. But the Obama administration has never fined or prosecuted a wind-energy company for similar protected bird deaths. An estimated 573,000 birds are killed by US wind farms each year.

  • J.C. Penney's surprise investor: George Soros

    J.C. Penney's shares rose 6 percent Thursday, after billionaire financier George Soros revealed he owns almost 8 percent of the troubled retailer.

  • Stocks stumble after a fake tweet announced White House attack

    Stocks lost and then recovered on Tuesday after a false tweet announced an attack on the White House. In a matter of minutes, the stock market declined by one percent.