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News
SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
1+ week, 3+ day ago (317+ words) The Securities and Exchange Commission today issued a proposal to rescind its “pay-to-play” rule that prohibits investment advisers from providing compensated investment advisory services to a government client for two years… Official websites use.gov Secure.gov websites use HTTPS…...
Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
3+ week, 3+ day ago (246+ words) Samsung Electronics has announced a shareholder return package, marking a blockbuster week for shareholder returns among South Korea's chip giants following SK Hynix's share buyback. The company announced Friday that it expects shareholder returns to total between 90 trillion won and…...
SEC Charges Former Executives With Fraud in Connection With $1.9 Billion Collapse of Subprime Auto Lender Tricolor
3+ week, 5+ day ago (385+ words) The Securities and Exchange Commission today charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas-based Tricolor Holdings, LLC, for their roles in an alleged multi-year scheme… Official websites use....