The SEC disclosed on Wednesday that EDGAR, its corporate filing system, was hacked in 2016 and information was potentially used for illegal stock trades.
Post the news, the price of bitcoin went downhill to USD 1,022, as per the CoinDesk Bitcoin Price Index (BPI).
In a move that will help avoid confusion among leaders as well as voters, the State Election Commission (SEC) has decided to allot common symbol to political parties that have won at least five per cent seats in the local body election.
iPhone maker Apple has cut its CEO Tim Cook's salary by a whopping 15 percent for 2016 as annual sales declined for the year, missing targets that also led to the tech giant's first annual revenue decline in 15 years.
Country's third largest software services firm Wipro today said it has reached an agreement with US Securities and Exchange Commission (SEC) to formally resolve a six-year old investigation and will pay USD 5 million in civil money penalty.
Brewing company Anheuser-Busch has agreed to pay USD 6 million to settle charges that it violated US anti-bribery laws and also "chilled a whistleblower," the US Securities and Exchange Commission said on Wednesday.
Leading Japanese telecom firm and technology investor SoftBank is facing a preliminary enquiry over the conduct of Nikesh Arora, who quit the firm as COO last week, a Bloomberg report said today.
On or about November 10, 2014, DRL received a Civil Investigative Demand (CID) from the Office of the Attorney General, State of Texas requesting certain information for the period of time between January 1, 1995 and the date of the CID.
Shares of Mastek rallied 14 percent intraday to hit multi-year high of Rs 451.90 as the subsidiary planned to list on New York Stock Exchange.
This is consequent to the government's new Depository Receipts Scheme, 2015, which permits for unsponsored ADRs for the first time. An unsponsored ADR is created by a foreign depository bank without the participation or consent of the issuer/company.
A decade-long battle with minority shareholders has not dented the appetite of erstwhile Cadbury India, now Mondelez India, from making big-ticket investments here.
A report, titled â€˜Stock Picking Skills of SEC Employees‘, put together by accounting professor Shivaram Rajgopal and PhD student Roger M White found that several members of the SEC staff sold shares of firms ahead of an enforcement action against them was taken by the regulator.
According to complaints filed by the department and the SEC, the scheme began in April 2012 when Jorgenson, 32, found out through his job in Microsoft's treasury department that the software company was planning a multi-million dollar investment in the digital business of bookseller Barnes & Noble Inc.
Settlements with four US and British regulators, made public on Thursday, resolve the biggest civil probes of the bank's USD 6.2 billion of derivatives trading losses last year.
Banks around the world commonly hire people with government connections, but this is especially prevalent in China due to the role the ruling Communist Party plays in the country's business.
The set-up is typical of swathes of US companies using Ireland to cut their tax bill. A Reuters analysis of Irish and US filings shows that more than 40 percent of the S&P 500 have registered subsidiaries in the country.
The US Securities and Exchange Commission has been struggling to get papers out of China to investigate possible accounting fraud at dozens of Chinese companies listed on US stock exchanges.
What would it take for you to blow the whistle on fraud where you work? Well the U-S Securities Exchange Commission wants to make it more enticing.
Private equity firm Silver Lake Partners bid as low as USD 11.22 per share for Dell Inc in mid 2012, when it first discussed a buyout with founder and CEO Michael Dell, according to a person familiar with the situation.
Tata Motors-owned Jaguar Land Rover plans to hire over 500 engineers and designers by March 2013, taking the total strength of R&D people to over 5,500, to support its new product development programme.
India-born former Goldman Sachs Director Rajat Gupta has said he should not be required to pay the global investment banking firm USD 6.78 million it is asking as reimbursement for legal fees and other expenses incurred by it in connection with his insider-trading case.
In an interview to CNBC-TV18 Sudin Apte of Offshore Insights shared the findings of their latest report, which surveyed 270 offshore clients across Organisation for Economic Co-operation and Development (OECD) countries.
Indian IT shares down on fears that Cognizant Technology Solutions Corp may issue a lower revenue growth guidance for 2013 based on compensation targets for top executives, dealers said.
US market regulator SEC today charged four Indian brokerages -- Ambit Capital, Edelweiss, Financial Services, JM Financial, and Motilal Oswal Securities -- for violating registration rules and they have agreed to pay over USD 1.8 million to settle the charges.
Staffers at the US Securities and Exchange Commission failed to encrypt some of their computers containing highly sensitive information from stock exchanges, leaving the data vulnerable to cyber attacks, according to people familiar with the matter.