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Tesla stocks tumble after SEC accuses Elon Musk of fraud

Shares of Tesla nosedived 12 percent in early trading Friday morning as Wall Street absorbs the implications of a lawsuit the Securities and Exchange Commission filed Thursday against CEO Elon Musk for defrauding investors.

Elon Musk announces Friday night Tesla to remain public

What started as a Tweet by Tesla CEO Elon Musk ended on the Tesla blog late Friday in a statement saying the electric car company is abandoning plans to go private.

Former Tesla employee files 'whistleblower' tip with SEC

A former Tesla employee who calls himself a whistleblower has filed a formal tip with the Securities and Exchange Commission (SEC) that alleges Elon Musk’s electric car start-up misled investors and put its customers at risk.

Neither bitcoin nor ethereum are securities according to the SEC

While earlier it appeared that the US Securities and Exchange Commission would treat cryptocurrencies as securities it now seems as if initial coin offerings (ICOs) will be considered securities but bitcoin and ethereum will not.

Several firms withdraw applications for bitcoin-related ETFs

New York City - Several different firms who were seeking to list exchange-traded funds (ETFs) linked to bitcoin withdrew their filings after negative feedback from the Securities and Exchange Commission (SEC).

Venezuela reports economy shrank by 16.5% in 2016

Washington - Venezuela's economy shrank a massive 16.5 percent in 2016, according to an official government filing to the US Securities and Exchange Commission (SEC).The oil-rich but impoverished country attributed the collapse to a contraction of 9.

US Senate confirms Jay Clayton as new SEC chief

Washington - The US Senate confirmed attorney Jay Clayton as the new head of the Securities and Exchange Commission tasked with regulating Wall Street and America's financial sector.

JPMorgan settles FCPA charges by paying $264 million

After a three-years probe for alleged corruption, fraud and violation of the Foreign Corrupt Practices Act (FCPA) charges, JPMorgan Chase & Co. agreed to pay a $264 million total settlement.

SEC charges man with fraud involving online dating services

Online dating can be a horrible experience. You can get catfished (meaning people online lie), get corny pickup lines, and field weird requests. (Let's not go into the details.)

Op-Ed: OSU in CFB Playoff still doesn't qualify B1G as elite conference

Columbus - Believe me when I tell you that I'm as joyful as any other member of Buckeye nation as we all start to come down from the collective euphoria of having been picked for the College Football Playoff.

Op-Ed: FSU near-upset shows uncertain College Football Playoff rankings

Second-ranked Florida State remained unbeaten and situated on the inside of the College Football Playoff with a double-digit come-from-behind victory Thursday against the Louisville Cardinals.

White House, Treasury officials to appear at SEC cyber security event

Cyber security experts from the White House, Treasury Department and Department of Homeland Security will be among panelists appearing on Wednesday at a roundtable on the challenges hackers pose to public companies and financial markets.

SEC scores partial win in insider trading case over 2009 Sanofi deal

Federal securities regulators have won a partial victory against two brothers accused of trading on inside information in 2009 about French pharmaceutical company Sanofi's plan to buy a Tennessee-based company. ...

After retailer breaches, SEC plans roundtable on cybersecurity

The Securities and Exchange Commission said on Friday that it plans to hold a roundtable next month to discuss cybersecurity, after massive retailer breaches refocused the attention of the business community and policymakers on t...

Op-Ed: The United States Government Shakedown Continues

If financial institutions did handle finance, now they seem to practice law. And if regulators once did regulation, now they seem to raise capital.

Dept. of Justice asked to launch Romney investigation

The U.S. Department of Justice has been asked to investigate whether federal law was violated when Presidential candidate Mitt Romney signed his federal disclosure statement in 2011.

Baseball team pulls off triple steal in SEC Tourney semifinal

This weekend a college team overtook an opponent in an amazing play in the ninth inning. Not only did they manage to pull off a triple steal and execute a squeeze play, the team also broke a previous record for stolen bases.

Facebook files for IPO, reports $3.7 billion in revenue in 2011

Facebook filed its IPO papers with the SEC today, and the social network is expected to debut on the stock exchange in three to four months. The filing reveals Facebook is seeking to raise $5 billion.

Facebook rumored to file IPO paperwork with SEC next week

Palo Alto - Rumors over a Facebook initial public offering have been emerging across the Internet and in financial circles for some time now. In recent months talk and speculation has been aimed towards Facebook's IPO coming sooner than later.

Federal Judge rejects Citigroup – SEC settlement

New York - A federal judge rejected a $285 million dollar settlement between Citigroup and the Securites and Exchange Commission Monday after determining that the American financial watchdog had to prove – rather than just claim - the bank committed fraud.

Op-Ed: College football — The South shall rise again

Birmingham - Racial dominance still plays a role all across the South. This time, things are different, because the South is winning.

Op-Ed: NCAAF: Time for the landscape of college football to change

With the maneuvering of different colleges trying to get into better conferences so they can have a better chance at winning National Championships, it is time for a change. Teams have been moving for years, but nothing like these last few years.

Groupon files for IPO, hoping to raise $750 million

Daily deal powerhouse Groupon has filed for an IPO, looking to raise $750 million. Groupon says it has 83 million subscribers who receive deals via email.

Op-Ed: Goldman Sachs: The $64,000 Question

It is a puzzlement why they chose instead to fight this civil complaint. Goldman Sachs has the financial and political wherewithal to make this disappear.
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The U.S. Securities and Exchange Commission headquarters in Washington  D.C.
The U.S. Securities and Exchange Commission headquarters in Washington, D.C.
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