Monthly Archives: April 2019

Elon Musk and S.E.C. Reach New Accord, Lifting Cloud Over Tesla – The New York Times

A revised agreement between Mr. Musk and the Securities and Exchange Commission, filed in federal court in Manhattan on Friday, spells out just when Mr. Musk must “obtain the preapproval of any experienced securities lawyer” employed by Tesla before posting on Twitter or other social media. The list includes comments about the electric-car company’s financial condition, earnings forecast, proposed acquisitions…

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Ex-Heartland CEO settles SEC insider trading charges he tipped partner about merger – Reuters

The former chief executive of Heartland Payment Systems Inc agreed to pay a $250,628 civil fine to settle U.S. insider trading charges that he tipped his longtime romantic partner about the payment processor’s $4.3 billion takeover by Global Payments Inc. Robert Carr, who founded Heartland, did not admit or deny wrongdoing in agreeing to the settlement with the U.S. Securities…

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Management’s Discussion and Analysis of the SEC: SEC Chairman Clayton’s Remarks at the “SEC Speaks” Conference

Disclosure and the concepts of materiality, comparability, flexibility, efficiency and responsibility have been, and continue to be, the bedrock principles that make our public capital markets the most fair and efficient markets in the world. Today, I will take a page from our disclosure rulebook and give you a look at the Securities and Exchange Commission (“SEC”) through the “eyes…

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Elizabeth Warren Wants to Make It Easier to Prosecute Executives – The New York Times

Prosecutions of finance executives related to the 2008 financial crisis were few and far between — and that has remained a persistent complaint about the government’s response to the meltdown. Senator Elizabeth Warren of Massachusetts has offered legislation that would make it easier to prosecute them with the Corporate Executive Accountability Act. via Elizabeth Warren Wants to Make It Easier…

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