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“That’s not necessarily insider trading or fraud. But it is troubling because when an executive does a buyback they’re suggesting to the market the stock is cheap. I’m asking if the stock is cheap then why is the executive selling into the buyback,” Jackson told CNBC’s “Squawk Box” on Tuesday. He did not name any […]
The Securities and Exchange Commission today named Daniel J. Wadley as Regional Director of its Salt Lake office. Mr. Wadley succeeds Richard R. Best, whom the agency named Regional Director of its Atlanta office in January. via SEC.gov | Daniel J. Wadley Named as Regional Director of Salt Lake Office.
In an effort to step up consumer protections and improve transparency, Japan’s cryptocurrency industry has drafted new regulations that prohibit insider trading and the trading of new currencies that cannot be traced easily. The Japan Virtual Currency Exchange Association, created in March, will vote on the proposal at a meeting on June 27. It seeks to […]
If Ms. Holmes and Mr. Balwani do not plead guilty, the question at a trial will be whether the two defendants were brazen liars, as the government will argue, or whether they were just as deluded as everyone else by Ms. Holmes’s vision of disrupting the health care industry. via What’s Next for Elizabeth Holmes […]