Tags » U-S-securities-and-exchange-commission

Bruton Smith cedes additional Speedway Motorsports Inc. voting power to three sons

Speedway Motorsports Inc. founder Bruton Smith, who holds just over 70 percent of the company’s voting stock, has ceded greater voting power in the company to his three sons. 221 more words

Swiss trader pays $2.85 million in Apple insider-trading case

The Securities and Exchange Commission today announced that a Swiss trader has agreed to pay more than $2.8 million to settle charges that he traded on nonpublic information ahead of a Florida-based biometrics company’s acquisition by Apple Inc. 354 more words


Apple’s first ever Japanese bond sale will raise more than had been previously estimated. An SEC filing reveals that the sale will raise ¥250B ($2B), more than the ¥200 billion ($1.6B) which had been… 166 more words

AAPL Company

A Reputational Theory of Corporate Law

How does corporate law matter? My recent paper suggests that the main impact of corporate law is not in imposing sanctions, but rather in producing information. 1,221 more words

Securities Regulation

When Can You Invest in Small Startups?

Normal people are going to be permitted to invest in the early stages of new companies starting next month. That is, if founders don’t find the rules that permit it too complicated. 679 more words

Application of the Federal Mail and Wire Fraud Statutes to Criminal Liability for Stock Market Insider Trading and Tipping

After the Supreme Court’s unanimous decision in Carpenter v. United States,[1] the federal mail and wire fraud statutes became potent prosecutorial weapons against insider trading when the information-owner is the victim. 1,413 more words

Securities Regulation

SEC Staff and FINRA Issue Report on National Senior Investor Initiative

SEC Staff and FINRA Issue Report on National Senior Investor Initiative
Source: U.S. Securities and Exchange Commission and Financial Industry Regulatory Authority

With the Social Security Administration estimating that each day for the next 15 years, an average of 10,000 Americans will turn 65, the staff of the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) today issued a report to help broker-dealers assess, craft, or refine their policies and procedures for investors as they prepare for and enter into retirement.

74 more words
Business And Economics