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Federal judge tosses SEC suit against Texas attorney general

Thursday a federal judge dismissed the U.S. government’s securities fraud lawsuit against Republican Texas Attorney General Ken Paxton, who still faces criminal charges of duping wealthy investors. 256 more words

In The News

Companies publishing 'misleading and untrue' financial disclosures on social media: regulator

Without naming names, Canada’s securities watchdogs warned Thursday that deficient company disclosures of “misleading and untrue” financials on social media “have resulted in material stock price movements and investor harm.” 525 more words

Investing

Federal Judge Tosses SEC Suit Against Texas Attorney General

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AUSTIN (AP) — A federal judge on Thursday dismissed claims by the U.S. government that Texas Attorney General Ken Paxton fraudulently duped wealthy investors before taking office, giving the Republican a key victory two months ahead of his criminal trial that carries a possible prison sentence. 534 more words

News

Exxon caves to oil crash with historic global reserves cut

ExxonMobil Corp. disclosed the deepest reserves cut in its modern history as prolonged routs in oil and natural gas markets erased the value of its US$16 billion Kearl oilsands investment and other North American assets. 381 more words

Energy

'A massive, massive market': Canadian robo-adviser Wealthsimple Financial Inc. expands into U.S.

Toronto-based Wealthsimple Financial Inc. has expanded into the the U.S., offering its robo-adviser services in all 50 states — marking its first expansion outside of Canada. 608 more words

Investing

Texas Attorney General's Criminal Fraud Trial Set For May

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AUSTIN (AP) – Texas Attorney General Ken Paxton is set to stand trial on criminal securities fraud charges in May. 127 more words

News

Carl Icahn will be 'rallying against overregulation' in role as Trump adviser

Billionaire investor Carl Icahn said he will be “rallying against overregulation” in his role as a special adviser to President-elect Donald Trump.

The corporate raider-turned activist shareholder said Thursday on CNBC that he’ll continue giving Trump advice on regulatory appointments and overhauls. 527 more words

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