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AT&T has been sued by the SEC for allegedly disclosing nonpublic information to analysts in 2016

AT&T has been sued by the SEC for allegedly disclosing nonpublic information to analysts in 2016
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Blockchain firm Ripple sees no fallout in Asia Pacific from SEC lawsuit

Blockchain payments firm Ripple has not experienced any fallout in its Asia Pacific business after being sued by the U.S. Securities and Exchange Commission (SEC), the company's chief executive officer said on Friday. In late December, the SEC charged Ripple, which is associated with cryptocurrency XRP, with conducting a $1.3 billion unregistered securities offering. After that, the top U.S. cryptocurrency exchange Coinbase shut down trading in XRP, which is the world's seventh-largest cryptocurrency by market value.

SEC Suspends Trading In 15 Stocks Over Social Media Concerns

The U.S. Securities and Exchange Commission suspended trading in 15 companies on Friday, citing questionable trading and social media activity. What Happened: In a statement, the SEC said that the suspension is part of the agency's ongoing effort to prevent attempts to exploit investors amid market volatility spinning around the so-called meme stocks such as GameStop Corp (NYSE: GME). "Today's action follows the recent suspensions of the securities of numerous other issuers, many of which may also have been targets of apparent social media attempts to artificially inflate their stock price," the official release said. Melissa Hodgman, acting director of the SEC’s Division of Enforcement, said, “We proactively monitor for suspicious trading activity tied to stock promotions on social media and act quickly to stop that trading when appropriate to safeguard the public interest. We also remind investors to exercise caution and do their diligence before inv

NCAAW what to watch: South Carolina-Texas A&M finally here

SEC to focus on climate disclosures in company filings

The acting chair of the U.S. Securities and Exchange Commission (SEC) on Wednesday said the market regulator will review public companies' climate risk disclosures and begin to modernize climate guidance that is now more than a decade old. The agency's staff will review the extent to which public companies address topics related to climate change matters and assess companies' compliance with their disclosure requirements, Acting Chair Allison Herren Lee said in a statement. The SEC will use the review to update guidance on climate change matters from 2010, taking into account developments of the last decade, Lee said.

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