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SEC Chairman Jay Clayton.

SEC Chairman: ‘We shouldn’t be banning short selling’ even as coronavirus drives big market swings

"You need to be able to be on the short side of the market in order to facilitate ordinary market trading," said Jay Clayton, chairman of the SEC.
Eric Yuan, CEO of Zoom Video Communications takes part in a bell ringing ceremony at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019.

The SEC stopped trading on an over-the-counter stock because people were confusing it with Zoom Video, which has soared amid the coronavirus lockdown

A similar switch-up happened when Zoom Video went public in 2019. Zoom Technologies rallied nearly 100% despite having no new information for traders.

Angry Robinhood users say they missed out on making thousands during the stock-trading app’s outages, but a big class-action suit is unlikely

Some people have threatened legal action against Robinhood, but federal rules make a class-action lawsuit unlikely.
Tesla CEO Elon Musk.

The SEC is looking into Tesla’s finances

Tesla did not specify the kinds of data and financial arrangements the SEC has asked for information about.
Ralph Nader

Ralph Nader says Tesla’s run-up should raise red flags at the SEC

Add Ralph Nader to the list of Tesla skeptics. He thinks the Securities and Exchange Commission should be too.

Goldman Sachs files to create an unprecedented type of ETF that will keep certain details secret

The ETF could benefit from its lack of transparency, Goldman wrote, as it would likely face a lower risk of traders copying its investment strategy.

Casper will raise up to $182 million in its IPO — valuing the company below its March 2018 quote

Casper's share price represents a discount from its private valuation, suggesting the company is adjusting for an IPO market wary of buzzy startups.
Dorsey and Musk spoke via video call on Thursday.

Jack Dorsey consulted Elon Musk on fixing Twitter, and the Tesla billionaire said bots and troll armies were a problem

The Tesla billionaire told Dorsey and an audience of Twitter employees what he would do to improve Twitter.

Carlos Ghosn’s wealth and power made it ‘easy for him to flee’ Japan, prosecutors say. Meet Nissan’s disgraced former chairman...

Ghosn said he'd "no longer be held hostage by a rigged Japanese justice system where guilt is presumed, discrimination is rampant, and basic human rights are denied."

The SEC is investigating whether BMW manipulated sales figures by counting cars as sold before they even left the lot

'We can confirm that we have been contacted by the SEC and will cooperate fully with their investigation,' a BMW spokesperson told Business Insider.