SEC failed to disclose acquiring more than 5% of Twitter stock, which would have saved $150 million, in a new move in the Elon Musk SEC.
Securities and Exchange Commission
A federal judge ordered Elon Musk to testify again in the U.S. SEC Twitter probe of his $44 billion takeover of the company.
To ensure SEC compliance, publicly traded companies disclose cyberattacks within four days of their occurrence.
Deutsche Bank is looking for ways to minimise business disruption as it reduces risks from its Russian technology operations in line with the law, Germany’s biggest lender said on Wednesday. The comments by a bank spokesperson followed a report in the Financial Times that the bank was winding down its remaining software technology operations in […]
U.S. Treasury Secretary Janet Yellen reiterated on Thursday that she was prepared to take further action to ensure that Americans’ bank deposits stay safe amid turmoil in the banking system. “As I have said, we have used important tools to act quickly to prevent contagion,” Yellen said in remarks to the U.S. House of Representatives […]