Former president Donald Trump’s social media platform Truth Social has asked Congress to investigate the Securities and Exchange Commission (SEC) over its delayed merger alleging “egregious conduct and blatant politicization.” The parent company for Trump’s Truth Social platform wrote a Feb. 27th letter acquired by Just the News to the GOP-controlled House of Representatives to…
Trump’s Truth Social Asks Congress to Investigate SEC Over Unfair Merger Delays
February 28, 2023
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Boeing to Pay SEC $200 Million Fine for Misleading Investors on 737 MAX Safety Inspections
Boeing announced that it had reached a $200 million settlement with the Securities and Exchange Commission (SEC) after allegations that it deceived its own investors and the public about the safety of its best-selling 737 MAX jetliner. The Boeing 737 MAX killed 346 people in two separate fatal crashes, forcing the Federal Aviation Administration (FAA) to ground the…
US Farmers Grab the Lobbying Pitchforks as Greens Sow Costly New Reporting Mandates
September 23, 2022
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agricultureclimate changeeconomyESGfarmingfertilizergreenhouse gas emissionsPolicies & ImpactsScope 3 emissionsSECSecurities and Exchange CommissionSocial IssuesU.S. farmersUSUS News
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Echoing conflicts from Sri Lanka to Canada to the Netherlands, tensions between farmers and green-minded government policymakers are building in the United States, where producers are squaring off against a costly proposed federal mandate for greenhouse-gas reporting from corporate supply chains. The U.S. Securities and Exchange Commission in March proposed requiring large corporations, including agribusinesses and food companies, to report…
SEC Charges Two Chinese Executives With Insider Trading
The Securities and Exchange Commission (SEC) charged executives of Cheetah Mobile Inc. with insider trading for selling Cheetah Mobile’s securities through a trading plan that withheld “a material negative revenue trend.” According to the SEC order on Sept. 21, Sheng Fu, the company’s CEO, and Ming Xu, its then-president and chief technology officer, jointly established…
SEC to Set up New Office for Crypto Filings
September 12, 2022
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The U.S. securities regulator will set up two new offices to deal with filings related to crypto assets and the life sciences sector, the agency said on Friday. The “Office of Crypto Assets” and the “Office of Industrial Applications and Services” will join seven existing offices under the Securities and Exchange Commission (SEC) department which…
Capitol Report (July 25): GOP Gathers for Summit in Washington; Taiwan Prepares for CCP Invasion
July 25, 2022
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GOP lawmakers are laying out their priorities to take back the majority in November. What are their top priorities on energy and law enforcement, and what changes are they vowing to make? NTD was at the America First Policy Summit and had a chance to catch up with Mark Lotter, chief communications officer of the America…
SEC Climate Disclosure Rule: A Duck That Quacks
Commentary In his recent memoir, former attorney general William Barr recounts how the Trump administration lost its attempt to include a citizenship question in the 2020 census. After losing in the Supreme Court, Barr briefed President Trump on what had gone wrong. “If people were straightforward from the beginning, it could have gotten done,” Barr…
Supreme Court to Hear Challenge to SEC Adjudication System
May 18, 2022
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The Supreme Court has agreed to review the constitutionality of the Securities and Exchange Commission’s (SEC’s) system of adjudicating enforcement actions with tenure-protected administrative law judges employed by the prosecuting agency. The high court agreed May 16 to hear the case, SEC v. Cochran, court file 21-1239, in an unsigned order. The justices, as is…
Corporates and Investors Go In Opposite Directions Over SEC Proposal on Shareholder Reporting
Corporates and their most prominent investors are at odds over new regulations meant to “modernize” how shareholders report their holdings, reports Financial Times. In February, the Securities and Exchange Commission proposed new rules to increase transparency in stock markets by shortening the 10-day window to 5 days for investors to reveal when they have built a stake of…
Capitol Report (April 21): Florida Deals Heavy Blow to Disney
April 21, 2022
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Another 1.3 billion to Ukraine. How will your tax money be spent and why is President Biden asking Congress for more? With the second round of military aid totaling in the billions being sent to Ukraine should these aid packages be discussed by congress before being sent overseas to fund the Ukrainian war? we’ll take…
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