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Showing 1 - 10 of 100+ results for "Exchange Commission"

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission charged Allianz Global Investors and three former senior portfolio managers over the "Structured Alpha" strategy ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... a share. He intends for the acquisition to be completed this year. Documents filed with the Securities and Exchange Commission late last week show Musk having raised about US$7 billion to put towards the deal. The Qatar state investment fund is now supporting ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

SEC to standardise climate disclosures

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
In a significant change, the US Securities and Exchange Commission (SEC) proposes all entities it regulates should have to disclose climate change-related factors including greenhouse gas emissions. The proposal would mean companies regulated by the ...

Insto investors tempted by crypto

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JAN 2022
... while 12% also highlighted the carbon footprint of Bitcoin and other currencies. In the US, the Securities and Exchange Commission is pushing to be given increased powers in policing crypto trading, lending and platforms. According to the survey, if ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... approaches to fight scams, increase digital security and boost investor trust. In the US, the Securities and Exchange Commission (SEC) has also taken a tougher regulatory approach under the new presidency. The SEC director of enforcement recently announced ...

Netflix insider trading ring charged

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
In the US, the Securities and Exchange Commission has brought insider trading charges against three former Netflix employees. It alleges that the three employees generated more than US$3 million in profits by trading on confidential information about ...

ASIC review of ESG products underway

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... taxonomy that seeks to define what can be considered sustainable or climate friendly, and the US Securities and Exchange Commission task force aiming to identify gaps or misstatements in ESG disclosures. Armour also encouraged boards to look out for ...

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... between Murdoch's private holding company Lupa Systems and Shankar. Papers filed with the US Securities and Exchange Commission describe Seven Islands as a $300 million blank cheque company, newly incorporated in the Cayman Islands. It hasn't selected ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... it has concerns around the rapid growth of Special Purpose Acquisition Companies (SPACs). US Securities and Exchange Commission acting director for the division of corporate finance John Coates said there are concerns around fees, conflicts, sponsor ...
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