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Regulatory Actions September 30, 2020

J.P. Morgan Securities to pay $35 million for engaging in fraudulent manipulative trading

J.P. Morgan Securities agreed to resolve allegations by the Securities and Exchange Commission (SEC) alleging that it engaged in fraudulent manipulative trading of U.S. Treasury securities for almost a year.…

By – Marivic Cabural Summers
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Regulatory Actions September 29, 2020
Former Amazon finance manager Laksha Bohra charged with insider trading 

Laksha Bohra, a former finance manager at Amazon, Inc. (NASDAQ: AMZN) has been charged with insider trading by…

By Jackie Allen
Regulatory Actions September 29, 2020

Alphabet Inc (NASDAQ: GOOG, GOOGL), the parent company settled a shareholder lawsuit alleging that it mishandled sexual misconduct…

By Jackie Allen
Regulatory Actions September 27, 2020
DOJ charges 300 people for crimes committed during protests

The Department of Justice (DOJ) charged over 300 individuals for crimes committed during protests across the United States. According…

By Jackie Allen
Regulatory Actions September 26, 2020
Boeing 737 Max set for FAA chief evaluation flight next week

Federal Aviation Administration (FAA) Chief Steve Dickson is set to fly the Boeing 737 Max next week, marking…

By Colby McCoy
Regulatory Actions September 26, 2020
Mnuchin and Powell ask Congress to reallocate $300B in unused COVID-19 funds to aid households, small businesses

U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said hundreds of billions of dollars in…

By Jackie Allen
Regulatory Actions September 26, 2020
BMW to pay $18 million for inflating sales to raise billions from investors

The Securities and Exchange Commission (SEC) hit BMW (OTCMKTS: BAMXF) and two of its American subsidiaries with a…

By Jackie Allen
Regulatory Actions September 25, 2020
Peter Thiel starts a $575 million SPAC called Bridgetown Holdings

Peter Thiel, co-founder of PayPal Holdings, Inc. (NASDAQ: PYP) and Palantir Technologies is involved in a new special…

By Jackie Allen
Regulatory Actions September 23, 2020
JPMorgan close to reaching $1B settlement to end investigations into its alleged market manipulation practices

JPMorgan Chase & Co. (NYSE: JPM) is reportedly close to reaching a settlement agreement, in which it could…

By Marivic Cabural Summers
Regulatory Actions September 22, 2020
SEC Ends Ponzi Scheme Targeting U.S. Military Service Members

The Securities and Exchange Commission (SEC) halted a Ponzi scheme perpetrated by a Colorado man defrauding investors including…

By Marivic Cabural Summers
Regulatory Actions September 21, 2020
Nikola founder Trevor Milton steps down as exec. chairman; NKLA shares plummet

Trevor Milton, the founder of Nikola Corporation (NASDAQ: NKLA) voluntarily stepped down as executive chairman and a member…

By Jackie Allen

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