Products and Services
Tesla urged by seven senators to finish forced arbitration for employees and prospects
A team of generally Democratic senators pressured Tesla CEO Elon Musk to conclusion the company’s use of forced arbitration clauses in employee and customer contracts, in a letter on Monday. Like most large providers, Tesla requires staff to indication an arbitration arrangement upon employment where ever it is authorized to do so. That implies to […]
Read More
SEC difficulties most significant ever whistleblower award of $279 million
The U.S. Securities and Exchange Fee headquarters in Washington. Al Drago/Bloomberg by way of Getty Photos The U.S. Securities and Exchange Commission (SEC) has issued its major ever award of virtually $279 million to a whistleblower whose information and facts served the regulator’s enforcement motion, it explained on Friday. The regulator did not disclose the […]
Read More
Lawmakers praise First Republic sale, but endeavours to pass new bank procedures are fizzling
Chairman Sherrod Brown, D-Ohio, still left, and ranking member Sen. Tim Scott, R-S.C., get there for the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Latest Bank Failures and the Federal Regulatory Reaction,” in Dirksen Constructing Thursday, April 27, 2023. Tom Williams | Cq-roll Phone, Inc. | Getty Photographs WASHINGTON — Lawmakers who sit […]
Read More
Coinbase provides a fiery response to the SEC’s risk of enforcement action
Brian Armstrong, co-founder and main govt officer of Coinbase Inc., speaks in the course of the Singapore Fintech Pageant, in Singapore, on Friday, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty Photographs Crypto trade Coinbase supplied a fiery response on Thursday to previous month’s Wells detect from the SEC, telling the federal […]
Read More
Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline
Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., US, on Wednesday, Sept. 14, 2022. Ting Shen | Bloomberg | Getty Images A group of bipartisan lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act […]
Read More
SEC’s Gensler states ‘the regulation is clear’ for crypto exchanges and that they need to comply with regulators
U.S. Securities and Trade Commission (SEC) Chairman Gary Gensler, testifies right before the Senate Banking, Housing and City Affairs Committee all through an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters SEC Chairman Gary Gensler has a information for Coinbase and other crypto exchanges: The policies are obvious, and […]
Read More