U.S. Securities and Exchange Commission (SEC) News

Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges

Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold securities through its crypto lending program without registering them, the U.S. Securities and Exchange Commission said on Tuesday. The deal …

Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules

A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks, arguing they do not go far enough to protect investors. The Sierra Club and the …