Focus
Securities and Exchange Commission (SEC)
SEC Boss Says AI-Triggered Financial Crisis ‘Nearly Unavoidable’ Without Regulation
Without regulations in place, the boss of the SEC expects a financial crisis stemming from the widespread use of artificial intelligence in the next decade.
Government Shutdown Would Hurt Market Oversight Amid ‘Skeletal Staff’: SEC’s Gensler
The financial markets would be severely impacted in the event of a U.S. government shutdown, according to SEC Chair Gary Gensler.
SEC Refuses to Confirm If Meme Stock Meta Materials Under Investigation After 2022 Trading Halt
Following a controversial trading halt in December 2022, SEC confirms if Meta Materials is under investigation.
US Regulators Slap 11 Wall Street Firms With $549 Million in Fines Over Messaging Probe
The Securities and Exchange Commission disclosed $289 million in fines following a two-year investigation that focused on Wall Street’s retention of electronic communications, saying that they violated rules that mandate companies to maintain and preserve those records.
