The U.S. Securities and Exchanges Commission (SEC) has closed down a more than two-year probe of stock trades made by former Sen. Richard Burr (R-S.C.) while in office in 2020, taking no action against the outgoing senator. Burr announced the closure of the probe in a statement he shared with CNN on Friday. “This week,…

The U.S. Securities and Exchanges Commission (SEC) has ended its more than two-year probe of stock trades made by then-Sen. Richard Burr (R-N.C.) while in office in 2020, taking no action against the now-retired lawmaker. Burr announced the closure of the probe on Jan. 6 in a statement he shared with CNN. “This week, the SEC…

Commentary The days of a double standard for China are ending. Chinese companies will no longer be able to skirt Securities and Exchange Commission (SEC) audit rules and take advantage of American investors. There are over 250 Chinese companies listed on U.S. securities exchanges, with a combined value of over $1 trillion. They have been…

NEW YORK—Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla Inc. lawyer to vet some of his posts on Twitter. According to a court filing, Musk will ask the 2nd U.S. Circuit Court of Appeals in Manhattan to overturn the April…

WASHINGTON—In a rare public warning, the U.S. Securities and Exchange Commission on Monday told broker-dealers and other market participants to “remain vigilant to market and counterparty risk” amid heightened volatility and global uncertainties. The agency urged broker-dealers to closely monitor counterparty risk, collect “margin” or collateral from counterparties to “the fullest extent possible,” and stress…