Hacker News with Generative AI: SEC

Musk didn't show up for testimony in SEC probe re: Twitter acquisition (2024) (cnn.com)
SEC sues Musk for late reveal of Twitter share purchases (theregister.com)
America's financial watchdog has sued Elon Musk, alleging the billionaire failed to disclose his acquisition of Twitter shares in a timely manner and was therefore able to acquire the social network for $150 million less than would otherwise have been the case.
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership (cnbc.com)
U.S. Judges Demand SEC 'Explain Itself' for Rebuffing Requests for Crypto Rules (coindesk.com)
The U.S. Securities and Exchange Commission must now thoroughly "explain itself" for refusing to grant Coinbase.'s formal request that the agency write regulations for how the industry should assess whether crypto assets are securities or not, according to a circuit-court ruling on Monday.
Elon Musk slams SEC as agency threatens charges in Twitter stock probe (arstechnica.com)
SEC offered settlement in stock probe and is investigating Neuralink, Musk says.
Insider trader had all the answers (bloomberg.com)
The US Securities and Exchange Commission’s fiscal year ends on Sept. 30, which is yesterday. Unlike many financial industry employees, SEC employees do not, as far as I know, actually receive annual bonuses based on how much revenue (fines) they bring in in a fiscal year. Nevertheless they keep busy in September. We talked last year about a paper by Dain C.
SEC fines 6 major credit rating agencies over failure to keep electronic records (cnn.com)
SEC Poised to Seek Enforcement Action Barring Musk from Holding Exec Positions (thedeepdive.ca)
SEC approves 8 Ethereum ETFs including BlackRock and Fidelity (theblock.co)
Musk Judge Rejects Idea Billionaire Is Too Busy for SEC Probe (yahoo.com)
SEC shuts down Trump Media auditor over 'massive fraud' (ft.com)
Two SEC lawyers resign after agency censured for abuse of power in crypto case (bloomberg.com)