Securities regulation

FILE - In this Sept. 21, 2016, file photo, V.C. Summer Nuclear Station's unit two's turbine is under construction near Jenkinsville, S.C., during a media tour of the facility. The Public Service Commission will determine at a meeting on Friday, Dec. 14, 2018 how much to cut rates for 737,000 South Carolina Electric & Gas customers who have already paid more than $2 billion for a pair of nuclear reactors abandoned during construction. (AP Photo/Chuck Burton, File)
December 13, 2018 - 10:56 pm
COLUMBIA, S.C. (AP) — South Carolina regulators have a couple of billion-dollar decisions Friday. The Public Service Commission will determine at a 1 p.m. meeting how much to cut rates for 737,000 South Carolina Electric & Gas customers who have already paid more than $2 billion for a pair of...
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November 29, 2018 - 8:08 pm
WASHINGTON (AP) — Federal regulators said Thursday that boxing legend Floyd Mayweather and music producer DJ Khaled are paying a total $750,000 to settle charges they failed to disclose payments they received for promoting investments in digital-currency securities. The Securities and Exchange...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Tesla has announced that Robyn Denholm of Australia's Telstra will become its new board chair. Musk agreed to vacate his post as board chairman as part of a settlement with U.S. regulators of a lawsuit alleging he duped investors with misleading statements about a proposed buyout of the company. (AP Photo/Kiichiro Sato, File)
November 08, 2018 - 5:17 pm
DETROIT (AP) — Australian telecommunications executive Robyn Denholm brings much-needed financial and auto industry expertise to her new role as Tesla's board chairwoman, but her biggest challenge is whether she can rein in a CEO with a proclivity for misbehavior. Denholm, who has been a Tesla...
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November 02, 2018 - 8:40 am
DETROIT (AP) — U.S. securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year, the company acknowledged in a regulatory filing Friday. The disclosure in Tesla's quarterly financial report also says the Securities...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 28, 2018 - 4:45 pm
SAN FRANCISCO (AP) — The very attributes that have fueled a mania around Elon Musk — his vision, brash personality and willingness to take risks — could prove to be his downfall. The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of conventional...
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FILE - This Aug. 8, 2018 file photo shows the Tesla emblem on the back end of a Model S in the Tesla showroom in Santa Monica, Calif. Tesla investors have taken a wild ride as Wall Street values the promise of one of the world’s leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. (AP Photo/Richard Vogel, File)
September 28, 2018 - 12:42 pm
NEW YORK (AP) — Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet. Tesla...
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September 28, 2018 - 4:48 am
BEIJING (AP) — A former Chinese stock market regulator has been sentenced to 18 years in prison on charges of taking bribes and insider trading. A court in Handan, southwest of Beijing, said on Friday that Yao Gang, a former deputy chairman of the China Securities Regulatory Commission, also was...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 27, 2018 - 7:23 pm
DETROIT (AP) — U.S. securities regulators are asking a federal court to oust Tesla Inc.'s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private. The Securities and Exchange Commission says in the...
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FILE- In this June 14, 2018, file photo Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Musk says he's in talks with the Saudi Arabian sovereign wealth fund about taking the electric car and solar panel maker private, but no deal has been finalized. Musk says in a blog posted Monday, Aug. 13, that most of the funding would be in stock rather than debt. (AP Photo/Kiichiro Sato, File)
August 13, 2018 - 6:20 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk's elaboration on his plan to engineer a buyout of the electric car maker could get the Silicon Valley maverick into legal trouble by revealing that the deal is far more uncertain than how he initially described it in his brash tweet last week. If everything...
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Republican U.S. Rep. Christopher Collins, center, leaves federal court, Wednesday, Aug. 8, 2018, in New York. Rep. Collins of western New York state has been indicted on charges that he used inside information about a biotechnology company to make illicit stock trades (AP Photo/Mary Altaffer)
August 10, 2018 - 9:14 am
WASHINGTON (AP) — The indictment of Rep. Chris Collins on insider trading charges is drawing new attention to the freedom members of Congress have to serve on corporate boards or to buy and sell stock in industries they're responsible for overseeing. Collins, a New York Republican, has denied any...
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