Content Tagged As securities_and_exchange_commission

2 years 8 months ago

2 managers of private-share funds charged by SEC

WASHINGTON (AP) - Federal regulators are filing civil charges against two managers of investment funds that buy stocks of privately held Internet companies like Facebook. They are accused of misleading investors and failing to disclose fees. In addition the Securities and Exchange Commission settled charges with SharesPost, an online exchange...

2 years 9 months ago

Facebook to go public to raise $5 billion

NEW YORK (AP) -- Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University. That means anyone with the right amount of cash will be able to own part of a...

3 years 3 months ago

Scams may target $3.4B Indian settlement

HELENA, Mont. (AP) - The Securities and Exchange Commission is warning that scammers could target Native American beneficiaries of $3.4 billion government settlement. U.S. District Judge Thomas Hogan on Wednesday gave final approval to the settlement, meant to compensate for more than a century of federal government mismanagement of Native...

4 years 11 months ago

Broader disclosure on executive pay required

The Securities and Exchange Commission is meeting this morning to adopt expanded disclosure rules for compensation at all public companies. The rules include information on how a company's pay policies might encourage too much risk-taking. SEC officials have said they want the new rules to be in place by spring,...

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