SEC

Grayscale Investments, a subsidiary of the Digital Currency Group, on Tuesday, said it had become a reporting company with the United States Securities and Exchange Commission. What Happened The company had filed for the status in mid-November, and the form 10 filing was deemed effective as per...

Blue Sky laws are, in essence, state securities laws. Though the exact laws differ from state to state, the purpose—to regulate the offering and sale of securities and protect the public from fraud or misinformation—remains the same.  These laws require that anyone offering a...

The Securities Exchange Commission has charged a man for running an alleged crypto-mining scam. What Happened The SEC has filed a complaint against Donald G. Blakstad, who raised around $3.5 million between July 2015 and May 2019 from at least 14 investors through allegedly fraudulent...

Santa Cruz, California-based cultivator and processor Goldenseed has announced the qualification of the company's Reg A+ stock offering from the Securities and Exchange Commission. Goldenseed said it's the first cannabis cultivator and processor to make such an offering; the...

Ride-sharing company Uber Technologies Inc. (NYSE: UBER) co-founder Travis Kalanick sold about 12.7 million shares he owned in the company last week, according to a public filing with the Securities and Exchange Commission. What Happened The shares worth around $383 million were sold in...

The Securities and Exchange Commission has ordered a New York-based crypto startup to pay a fine of $250,000 for conducting an unregistered initial coin offering (ICO). What Happened The SEC, on Wednesday, has imposed a $250,000 penalty on a crypto startup for violating the registration provisions...

The U.S. Securities and Exchange Commission on Wednesday proposed to alter the requirements for an "accredited investor" to include qualifications beyond individual net worth or annual income. The regulations require an individual to be an accredited investor before they can invest...

Executives from 25 OTC-traded companies in the consumer and materials sectors recently gathered together for the largest Virtual Investor Conference of 2019. We compiled highlights from a select few that are trying to capitalize on some emerging products and asset classes in 2020. Grayscale Bitcoin...

Cboe BZX Exchange is seeking permission from the Securities and Exchange Commission (SEC) to list a new short-volatility exchange-traded fund, according to Reuters. What Happened The BZX Exchange, one of the four U.S. equities exchanges operated by Cboe Global Markets Inc (BATS: CBOE), ...

In an updated filing with the U.S. Securities and Exchange Commission on Wednesday, fintech company OneConnect Financial Technology Ltd changed the amount it is expecting to raise as part of its initial public offering — for the second time in December. Up, Down, Up, And Down Again The...

Securities and Exchange Commission Chairman Jay Clayton testified Tuesday before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. SEC Optimistic On Blockchain A lot of the concerns raised by Congress members during the hearing related to the agency’s regulation of...

Last month, the Securities and Exchange Commission turned back Bitwise Asset Management's proposal to launch the Bitwise Bitcoin ETF Trust, but the commission is reviewing that decision. In turning back the Bitwise Bitcoin ETF proposal, the SEC cited familiar concerns about market manipulation...

Under Armour Inc (NASDAQ: UAA) reported a solid third-quarter earnings beat Monday, but was any upside was drowned out by the news that the company's accounting is the subject of a probe by the SEC and Justice Department. The sportswear company is being investigated for its revenue-recognition...

Sportswear manufacturer Under Armour, Inc. (NYSE: UAA) is facing a federal investigation into its accounting practices, The Wall Street Journal reported on Sunday. What Happened The Justice Department is conducting a criminal inquiry into whether the company fudged its sales numbers to...