Daily Archives: April 29, 2020, 8:24 am

Statement of Commissioner Brian D. Quintenz on the End of His Term and Future Plans | CFTC

I am deeply honored to have served as a Commissioner at the Commodity Futures Trading Commission over the last two and half years, as well as to have been a part of an administration that has assembled one of the best financial regulatory teams across the federal government.  My five-year statutory term as a Commissioner expires this month.  With its…

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In Lieu of D&O Insurance, Musk Agrees to Provide Tesla with “Coverage” | The D&O Diary

On April 28, 2020, Tesla filed with the SEC an amendment to its annual 10-K filing (here). The amendment addresses a number of corporate governance and executive compensation issues. In a section of the filing with the heading “Director Independence,” the company discloses that: Tesla determined not to renew its directors and officers liability insurance policy for the 2019-2020 year…

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SEC Awards Over $18 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $18 million to a whistleblower whose significant information prompted an examination that resulted in an important enforcement action. The whistleblower repeatedly reported the problem internally before contacting the SEC. via SEC.gov | SEC Awards Over $18 Million to Whistleblower.

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