SEC
Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading Former Apple lawyer Gene Levoff fined $1.15 million for insider trading. Levoff traded on nonpublic information from the iPhone maker. The fines were imposed by a U.S. District Judge.
03 Jul, 2024, 08.23 AM ISTWeekly-once insulin jab may soon come to India A new weekly insulin dosage by Novo Nordisk, Insulin Icodec, is on the brink of approval in India, offering potential relief for those who require daily insulin injections. The Subject Expert Committee has recommended permitting the import and sale ...
03 Jul, 2024, 08.20 AM ISTBanks told to stay vigilant amid intel on cyberattack threat Apart from continuously checking network activities and server logs to detect malicious intrusions, banks will have to monitor critical payment systems such as SWIFT (the messaging system to confirm cross-border fund transfers), card network (which ...
29 Jun, 2024, 05.11 AM IST- ADVERTISEMENT
US regulators could approve spot ether ETFs for launch by July 4 Ether ETFs are on the brink of approval, with major stock exchanges gearing up for trading. The process, involving top asset managers and regulatory bodies, seems to be approaching its final stages, indicating a significant development in the ETF ma...
27 Jun, 2024, 09.15 AM ISTAfter 20 years, Nagaland holds civic body polls, over 20% voting recorded in two hours This was a historic election in the northeastern state as the polling to three municipalities and 22 town councils was being conducted after a gap of 20 years. The last elections were held in 2004.
26 Jun, 2024, 12.31 PM ISTFPIs’ G-Sec purchases cross $10-billion mark Nine months after JP Morgan announced the inclusion of Indian government debt in its emerging markets index, foreign portfolio investors have increased their ownership of sovereign bonds by over $10 billion. The influx of funds is expected to contin...
20 Jun, 2024, 07.32 AM ISTUttarakhand accident: Four women sharing flat in Noida among dead in tempo traveller accident In a tragic accident in Rudraprayag district, a tempo traveller carrying tourists, including six flat mates from Noida Sector 51, plunged into a gorge. Four women from the group died, identified as Mohini Pandey, Smriti Sharma, Nikita Bhatt, and Anj...
17 Jun, 2024, 03.49 PM ISTTHIS Cryptocurrency ETF could soar up to 5,400%, claim some Wall Street analysts. Here's what you should know According to experts at Wall Street, cash-rich billionaires are on a buying spree of a certain Cryptocurrency ETF, that may soar to unimaginable level in a matter of time.
07 Jun, 2024, 10.08 PM ISTTiming for US ether ETF launches depends on how fast issuers can move, SEC chair says The SEC still has to approve the ETF issuers' registration statements detailing investor disclosures before they can start trading. That process usually involves a lot of back and forth between the ETF issuers and SEC officials.
06 Jun, 2024, 09.58 PM ISTTiming for US ether ETF launches depends on how fast issuers can move, SEC chair says SEC Chair Gensler highlighted the similarity between the correlations of ethereum futures and bitcoin futures, influencing the approval of spot bitcoin ETFs in January.
06 Jun, 2024, 11.16 AM ISTBaron Capital marks up Swiggy valuation by 25% to $15.1 billion Swiggy Valuation: Baron Capital, which participated in Swiggy’s $700 million funding round in January 2022 at a valuation of $10.7 billion, has raised the fair value of its holding in Swiggy for the fourth straight time. Crossover funds, i.e. funds ...
03 Jun, 2024, 05.49 PM ISTEthereum ETFs: Why it is a game-changer for mainstream crypto adoption Ethereum's pivotal role in propelling the mainstream adoption of crypto cannot be overstated. As the market undergoes continuous evolution, Ethereum stands as a cornerstone, guiding the industry toward unprecedented growth and innovation.
02 Jun, 2024, 01.55 PM ISTHero Fin could raise over Rs 5,000 crore in IPO, largest by an NBFC The share sale could be worth ₹5,300 crore to ₹5,500 crore, making it the largest ever public issue by a non-banking financial company (NBFC). Hero FinCorp's board approved the public issue on Wednesday.
31 May, 2024, 11.28 AM ISTUS SEC approves exchange applications to list spot ether ETFs The U.S. SEC approved Nasdaq, CBOE, and NYSE to list ETFs tied to ether's price, surprising the industry. Nine issuers, including VanEck and BlackRock, aim to launch ETFs for the second-largest cryptocurrency after bitcoin. Approval follows SEC's Ja...
24 May, 2024, 08.37 AM ISTUS House passes crypto bill despite warnings from SEC The House approval comes as the U.S. Securities and Exchange Commission (SEC) signals that it will likely approve applications for spot ether exchange-trade funds in a surprising boost to the industry.
23 May, 2024, 08.16 AM ISTElon Musk may be compelled to testify again in SEC's Twitter takeover probe Elon Musk faces possible testimony in SEC's Twitter takeover investigation. Lawyers resist SEC's efforts. Probe centers on Musk's Twitter stock purchase. Previous rulings favored SEC. Dispute ongoing since Musk's 2018 tweet.
10 May, 2024, 10.01 PM ISTGrayscale CEO sees bitcoin ETF outflows reaching equilibrium Grayscale Bitcoin Trust navigates stabilizing outflows amidst SEC-approved rivals and intense competition from BlackRock and Fidelity. Plans for Bitcoin Mini Trust and spot ether ETF in progress as CEO Sonnenshein anticipates fee reduction in mature...
10 Apr, 2024, 02.42 PM ISTCoinbase must face US securities regulator's lawsuit, says judge While the decision is a partial win for Coinbase in what could be a lengthy and expensive court battle, it largely blesses the SEC's approach to cryptocurrency and agrees with other judges who have sided with the regulator.
28 Mar, 2024, 12.47 PM ISTSEC ramps up hack probe with focus on tech, telecom companies The regulator has asked for internal communications of affected companies about the cyber attack's impact, probing for gaps in corporate security and for other cyber incidents, the report said, citing people familiar with the matter who did not iden...
27 Mar, 2024, 09.21 AM ISTBankrupt crypto lender Genesis to pay $21 million to settle SEC charges The deal resolves January 2023 charges the SEC filed against Genesis and Gemini Trust Company LLC over their joint crypto lending program. It was one of a spate of enforcement actions the SEC has taken against large firms in the crypto sector.
20 Mar, 2024, 05.13 PM IST