A public feeding frenzy over artificial intelligence may encourage some companies to make hyped-up claims about their use of AI or what the technology can deliver — but they do so at their own peril, according to the chair of the Securities and Exchange Commission.
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The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or endorses bitcoin.
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Tesla disclosed in a quarterly regulatory filing Monday that it received a new subpoena from the SEC on June 13, related to “our governance processes around compliance with the SEC settlement.”
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The stock market could soon see a massive change to how it functions, CNN Business is reporting. Here’s what could happen, as soon as tomorrow.
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The Securities and Exchange Commission is vastly expanding its fight against cryptocurrency fraud by hiring more than a dozen new employees to combat cybercrime, the agency said earlier this week.
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The Securities and Exchange Commission approved Nasdaq’s proposal to increase diversity on the boards of companies listed on its exchange. Here’s what’s happening.
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“This asset class is ripe with fraud, scams and abuses in certain applications,” SEC chairman Gary Gensler says about cryptocurrencies during an interview at the virtual Aspen Security Forum.
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The SEC’s warning comes as professional athletes, politicians and pop stars lend their star power to the popularity of these blank-check firms, known as special purpose acquisition companies (SPACs).
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