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Category Archives: Securities and Exchange Commission
Securities and Exchange Commission Chair Mary Jo White, shown at a press conference in 2015, says she will step down in January. Mary Jo White, the chair of the Securities and Exchange Commission, will step down in January, a move that leaves the future direction of the regulatory agency more uncertain than ever.
U.S. Securities and Exchange Commission Chair Mary Jo White plans to step down around the same time President Barack Obama exits the Oval Office, the agency said on Monday. Her departure will cap a nearly four-year tenure marked by regulatory and enforcement milestones, as well as internal discord over Wall Street rules.
Political friction and vacancies in top posts at the U.S. Securities and Exchange Commission have increased the likelihood that Chair Mary Jo White could remain in the job beyond the end of President Barack Obama's term. White has privately told agency officials that people with ties to both the Hillary Clinton and Donald Trump campaigns have asked if she would consider staying on to give the next president time to pick a successor, said people familiar with the matter.
U.S. Sen. Elizabeth Warren, a proponent of strong financial regulation, turned up the heat on the country's top securities regulator on Friday, urging President Barack Obama to fire Securities and Exchange Commission Chair Mary Jo White. Warren, a Democrat, has often criticized White in the past, but this was the first time she has called for her ouster.
The New Jersey-based, Nasdaq-listed firm made a filing with the US Securities and Exchange Commission on September 30, saying it was conducting an "internal investigation" into the matter. IMPROPER PAYMENTS for gaining permits and building licences for some of its 12 facilities in India have landed the country's third largest IT-BPO sector employer, Cognizant Technologies Solutions, in trouble.
Sen. Mark Warner, D-Va., asked the Securities and Exchange Commission Monday to open an investigation into whether Yahoo "fulfilled its obligations under federal securities laws to keep the public and investors informed," about a massive security breach revealed last week. The company revealed that a "state-sponsored actor" stole data associated with some 500 million accounts from its servers in late-2014.
The Securities and Exchange Commission today announced fraud charges in a scheme involving illegal stock sales and false financial filings of a company that makes containers for growing marijuana. An SEC investigation found that William J. Sears orchestrated the scheme along with his brother-in-law Scott M. Dittman, who was the CEO and sole officer at Fusion Pharm Inc. while Sears concealed his control from behind the scenes.
CSRA Inc. saw a significant growth in short interest in August. As of August 15th, there was short interest totalling 1,978,871 shares, a growth of 49.3% from the July 29th total of 1,325,025 shares.
ManTech International Corp. SVP Judith L. Bjornaas sold 8,600 shares of the company's stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $40.60, for a total transaction of $349,160.00.
Swedish mobile telecom gear maker Ericsson is being investigated by U.S. authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet reported late on Thursday, citing unnamed sources. STOCKHOLM: Swedish mobile telecom gear maker Ericsson is being investigated by U.S. authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet reported late on Thursday, citing unnamed sources.