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Robinhood’s ‘infinite money’ glitch has reportedly drawn regulatory scrutiny — and the company could be fined

The Securities and Exchange Commission and the Financial Industry Regulatory Authority are the two agencies most likely to investigate the matter.
David Drummond is senior vice president of corporate development and chief legal officer for Google's parent company, Alphabet.

Alphabet’s chief legal boss, accused of emotionally abusing a former Googler after a workplace affair, just cashed out $27 million in stock

David Drummond — chief legal officer for Google's parent company, Alphabet — just cashed out tens of millions in stock.

The Carlos Ghosn whistleblower is now facing a scandal of his own. Meet the Nissan’s disgraced former chairman, who was arrested 11 months ago f...

Nissan has struggled since Ghosn's arrest. The automaker's first-quarter profits are down 90% from last year, The New York Times reported.

The $4 trillion ETF market scores a huge win, giving it the green light to grow faster than ever

The agency will no longer require simple exchange-traded funds to receive special approval before hitting markets, according to a Thursday statement.

Major media analytics firm Comscore was charged with fraud under a former CEO — but the company’s new leadership reached a settlement

Comscore was charged with defrauding investors and the public about their performance. Now under new leadership, the company settled the charges.
Founder and CEO of Kik Ted Livingston speaks onstage during TechCrunch Disrupt NY 2016 at Brooklyn Cruise Terminal on May 11, 2016 in New York City.

Messaging app Kik closes down as it battles SEC lawsuit over its cryptocurrency plans

In a blog post on Tuesday, Kik's CEO Ted Livingston confirmed that the company would be closing Kik to focus on Kin, its cryptocurrency business.
Former Nissan Motor Chairman Carlos Ghosn leaves the Tokyo Detention House.

The SEC just announced a settlement in a compensation-fraud case against former Nissan-Renault chairman Carlos Ghosn

Ghosn was ousted as chairman of the Renault-Nissan-Mitsubishi alliance last year amid allegations of financial malfeasance; he's awaiting trial.

Starbucks drops after adjusting its revenue-reporting practices amid SEC scrutiny

Starbucks is one of many US companies that the SEC has asked about revenue-recognition practices since 2018, when new accounting guidelines began.

WeWork paid its own CEO $5.9 million to use the name ‘We,’ but now he’s giving it back after the deal was criticized

In what WeWork describes as an "unwinding," its CEO has agreed to pay back the $5.9 million he was paid for rights to the word "we."

Deutsche Bank reaches $16 million settlement over SEC lawsuit alleging it preferentially hired relatives of Russian and Chinese officials

The hires revealed in the filing are related to Chinese and Russian officials, several of which work for state-owned enterprises.