w7voa , 8 months ago to Random stuff

Letter to #SEC from Physicians Committee for Responsible Medicine claims Elon Musk’s comments about #Neuralink primate deaths were misleading and he knew them “to be false." https://www.documentcloud.org/documents/23986937-sec-request-for-investigation-of-neuralink-20230920

wendysiegelman , 8 months ago to Random stuff

SEC Charges New York Firm Concord Management and Owner Michael Matlin with Acting as Unregistered Investment Advisers to Billionaire Former Russian Official (Roman Abramovich)

Firm and Owner’s failures to register prevented oversight of more than $7 billion in assets

#SEC #Russia #RomanAbramovich #Abramovich #MichaelMaitlin

https://www.sec.gov/news/press-release/2023-186

Complaint

https://www.sec.gov/files/litigation/complaints/2023/comp-pr2023-186.pdf

MoiraEve , 9 months ago to Random stuff

Gary Gensler, the chairman of the #SEC, has been studying the potential consequences of artificial intelligence for years. He says that #AI will increase the "herding" behavior of market forces that we observed in the Silicon Valley Bank collapse. The other problem is that AI models may put companies’ interests ahead of investors’. SEC proposed a rule that would require platforms to eliminate conflicts of interest in their technology, explained here: https://www.washingtonpost.com/business/2023/07/26/sec-artificial-intelligence/?campaign_id=4&emc=edit_dk_20230807&instance_id=99445&nl=dealbook&regi_id=58979276&segment_id=141330&te=1&user_id=4ddbe5962090475aeb1d4db9fcd61491

TechDesk , 9 months ago to Random stuff

Using WhatsApp, Signal and iMessage has left 11 brokerage firms saddled with penalties totaling $549 million. The SEC, a U.S. financial regulator, cited the failure of banks such as Wells Fargo to maintain electronic records of communications between employees.

https://flip.it/qJbdJD

#SEC #WhatsApp #Signal #Banks

w7voa , 9 months ago to Random stuff

US #SEC charges Youtuber Richard Heart and three of his entities with conducting unregistered offerings of #crypto asset securities that raised $1+ billion and misappropriating millions of dollars of investor funds. https://www.sec.gov/news/press-release/2023-143

emarktaylor , 10 months ago to Random stuff

#CollegeFootball #CFB #SEC

Via College Football Nerds
@cfbnerds

Elon wants to sue Zuck for hiring former Twitter employees, replicating its success, and relegating Twitter to 2nd place.

Just the legal precedent The University of #Alabama needs to sue #Georgia.