Trends - SEC - Business Recorder

SEC

Nigeria’s markets regulator publishes rules on crypto assets

LAGOS: Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most...

Published 14 May, 2022 07:27pm

Technology

Judge rejects Musk bid to free tweets from oversight

NEW YORK: Twitter’s new buyer Elon Musk still must have his tweets about his electric car company Tesla pre-approved...

Published 28 Apr, 2022 09:43am

Business & Finance

Investment recommendations US SEC issues new guidance for brokers, advisors

WASHINGTON: The US Securities and Exchange Commission (SEC) on Wednesday issued new guidance to broker dealers and...

Published 31 Mar, 2022 05:11am

World

Elon Musk, Tesla attack SEC for ‘unrelenting’ harassment

NEW YORK: Tesla Inc and its Chief Executive Elon Musk on Thursday accused the US Securities and Exchange Commission...

Published 18 Feb, 2022 04:31am

Markets

Elon Musk, Tesla attack SEC for 'unrelenting' probe

NEW YORK: Tesla Inc and its Chief Executive Elon Musk on Thursday accused the US Securities and Exchange Commission...

Published 17 Feb, 2022 06:55pm

Business & Finance

Nikola Corp agrees to pay $125m to settle SEC charges of defrauding investors

WASHINGTON: Nikola Corp has agreed to pay $125 million to settle civil charges that it defrauded investors by...

Published 22 Dec, 2021 06:13am

Business & Finance

SEC probes Tesla over whistleblower claims on solar panel defects

SAN FRANCISCO: The US securities regulator has opened an investigation into Tesla Inc over a whistleblower complaint...

Published 07 Dec, 2021 06:29am

Bitcoin hits $60,000 on US ETF expectations

LONDON/NEW YORK/HONG KONG: Bitcoin topped $60,000 for the first time in six months on Friday, nearing its all-time...

Updated 16 Oct, 2021 09:17am

Markets

US SEC opens inquiry into Wall Street banks' staff communications

WASHINGTON: The US Securities and Exchange Commission (SEC) has opened a broad inquiry into how Wall Street banks ...

Published 13 Oct, 2021 04:47am

Markets

Analytics behemoth SAS says aiming to go public by 2024

NEW YORK: Data analytics giant SAS Institute Inc, which has been privately held for over forty years, said on...

Published 02 Aug, 2021 06:02am

Business & Finance

Crypto exchange Binance hit by criminal complaint from Thai regulators

LONDON/BENGALURU: Thailand’s financial watchdog filed a criminal complaint against cryptocurrency exchange Binance...

Published 03 Jul, 2021 03:19am

Markets

Ex-Tesla president sold stock worth $274mn since June 10

Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded 145,289 shares worth $89.6 million on June 14, and 90,111 shares worth $55 million on June 10.

Published 19 Jun, 2021 07:34pm

World

SEC ousts head of accounting watchdog, puts rest of board on notice

WASHINGTON: The US Securities and Exchange Commission (SEC) on Friday said it had removed the head of the oversight...

Published 06 Jun, 2021 02:56am

Markets

Colombia plans to issue bonds due in 2032 and 2042 to meet budgetary needs

An application will be made to list the bonds on the official list of the Luxembourg Stock Exchange and to trade them on the exchange's the Euro MTF Market, the filings said.

Published 19 Apr, 2021 08:05pm

World

US Senate Democrats introduce resolution to undo Trump-era rules that curbed shareholder voting rights

The move under the Congressional Review Act, a 1996 law that requires only a simple majority vote in the two chambers of Congress, allows the legislature to reverse recently finalized rules.
Democrats hold slim majorities in the House of Representatives and the Senate.

Published 26 Mar, 2021 09:48pm

Business & Finance

Apollo says ex-SEC chief Clayton to take over as chairman from Black

In the last few months, not only did we announce a transformative merger with Athene, but also expect to report that our first quarter earnings will exceed analyst consensus in all relevant measures.
I thus view this as the ideal moment to step back and focus on my family, my wife Debra's and my health issues, and my many other interests.

Published 22 Mar, 2021 07:29pm

World

Musk crowned ‘Technoking’ at Tesla

NEW YORK: Electric carmaker Tesla has crowned its brash billionaire founder and CEO Elon Musk with a new title:...

Updated 16 Mar, 2021 09:38am

Markets

US markets regulator names climate risks, fintech as 2021 priorities

The SEC's examination division will focus on environmental, social and governance risks by examining proxy voting policies and practices to make sure voting aligns with investors' best interests, the SEC's acting chair Allison Herren Lee said in a statement.

Published 03 Mar, 2021 09:14pm

Business & Finance

Nigeria needs to regulate cryptocurrencies, not ban them: vice president

The Securities and Exchange Commission (SEC) has meanwhile sought to regulate cryptocurrency investments on the grounds that they qualify as securities transactions.
The central bank has argued that cryptocurrencies, which are unregulated and not legal tender, are risky for the user.

Published 26 Feb, 2021 08:56pm

Markets

US SEC subpoenas Overstock, seeks information on 2019 retail forecast

The online retailer and blockchain tech investor is cooperating with the investigation, it said in a regulatory filing, and continues to provide documents requested in the subpoena.
Earlier this week, the company posted a surprise quarterly profit and said its revenue soared 84% over the previous year.

Published 26 Feb, 2021 08:36pm

World

Brazil's BRF says US SEC has concluded inquiry into corruption probes

The SEC did not impose any sanction on the company, BRF said in a securities filing.
BRF continues to cooperate with the US Department of Justice on the matter, it said.

Published 26 Feb, 2021 06:22pm

Markets

GameStop stock surge hits fourth day, hedge funds walk away

Short-seller Citron, a target for some of the individual traders who have helped drive huge gains for a number of niche Wall Street stocks in the past week.
GameStop's stock has surged nearly 700% in the past two weeks, upping the struggling video retailer's market value from $1.24 billion to more than $10 billion.

Updated 27 Jan, 2021 11:24pm

HEC sell-off plan: BoI, FAC asked to exend outreach to ME investors

ISLAMABAD: The government hopes that mobilising foreign investment for the Heavy Electrical Complex (HEC) is likely...

Published 23 Jan, 2021 03:56am

Business & Finance

SEC launches probe of Exxon on Permian Basin asset valuation: WSJ

Woods told investors that Exxon could earn a double-digit returns in the Permian, even at $35-per-barrel oil.
Some Exxon managers in 2018 had initially pegged the net present value of the Delaware Basin in Permian at about $60 billion.

Published 15 Jan, 2021 08:22pm

Markets

SEC permits companies to raise capital through Direct Listing

The development will reduce costs for startups as they will no longer be required to let investment banks buy and sell when they first go public on the NYSE.

Published 23 Dec, 2020 10:39am

Gainers
Losers
Leaders

Stock	Price
Int. Knit. / May 16 International Knitwear Limited(INKL)	10.00 ▲ 0.75 (8.11%)
Unicap Modaraba / May 16 Unicap Modaraba(UCAPM)	1.99 ▲ 0.14 (7.57%)
Engro Polymer / May 16 Engro Polymer & Chemicals Limited(EPCL)	85.21 ▲ 5.94 (7.49%)
Karam Cera. / May 16 Karam Ceramics Limited(KCL)	51.99 ▲ 3.62 (7.48%)
Punjab Oil / May 16 Punjab Oil Mills Limited(POML)	159.99 ▲ 10.57 (7.07%)
Khairpur / May 16 Khairpur Sugar Mills Limited(KPUS)	48.69 ▲ 3.19 (7.01%)
HBL Invest Fund / May 16 HBL Investment Fund(HIFA)	2.24 ▲ 0.14 (6.67%)
Dandot Cement / May 16 Dandot Cement Company Limited(DNCC)	8.25 ▲ 0.50 (6.45%)
Thal Ind.Corp. / May 16 Thal Industries Corporation Limited(TICL)	260.00 ▲ 14.29 (5.82%)
Leather Up Ltd. / May 16 Leather Up Limited(LEUL)	15.60 ▲ 0.84 (5.69%)

Stock	Price
Bilal Fibres / May 16 Bilal Fibres Limited(BILF)	2.15 ▲ -0.35 (-14.00%)
Punjab Mod / May 16 First Punjab Modaraba(FPJM)	1.60 ▲ -0.25 (-13.51%)
Escorts Bank / May 16 Escorts Investment Bank Limited(ESBL)	6.42 ▲ -0.97 (-13.13%)
Khurshid Spinning / May 16 Khurshid Spinning Mills Limited(KHSM)	8.31 ▲ -0.99 (-10.65%)
Tri-Star Power / May 16 Tri-Star Power Limited(TSPL)	2.60 ▲ -0.28 (-9.72%)
J.A.Textile / May 16 J.A. Textile Mills Limited(JATM)	9.52 ▲ -0.93 (-8.90%)
Jubilee Spinning / May 16 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.00 ▲ -0.39 (-8.88%)
Shaheen Ins. / May 16 Shaheen Insurance Company Limited(SHNI)	2.76 ▲ -0.26 (-8.61%)
Service Textile / May 16 Service Industries Textiles Limited(SERT)	10.00 ▲ -0.90 (-8.26%)
Prud Mod.1st / May 16 First Prudential Modaraba(PMI)	1.56 ▲ -0.14 (-8.24%)

Stock	Volume
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	15,563,159 ▼ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	12,160,341 ▼ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	9,772,100 ▼ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	8,936,500 ▼ 0.00
Habib Bank / May 16 Habib Bank Limited(HBL)	8,089,006 ▼ 0.00
Engro Polymer / May 16 Engro Polymer & Chemicals Limited(EPCL)	7,918,329 ▼ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	7,228,500 ▼ 0.00
TRG Pak Ltd / May 16 TRG Pakistan Limited(TRG)	6,370,673 ▼ 0.00
Maple Leaf / May 16 Maple Leaf Cement Factory Limited(MLCF)	6,021,982 ▼ 0.00
Ghani Glo Hol / May 16 Ghani Global Holdings Limited(GGL)	5,821,225 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	192.60
USD PKR Interbank Buying / May 13	192.40
USD to Japanese Yen / May 13	129.22
USD to Swiss Franc / May 13	1.00
Pound Sterling to USD / May 13	1.23
Euro to USD / May 13	1.04
UK LIBOR % / May 13	0.83

Stock	Volume
S&P 500 / May 13	4023.89
India Sensex / May 13	52793.62
Tokyo Nikkei / May 13	26427.65
Nasdaq / May 13	11805.00
Hang Seng / May 13	19898.77
FTSE 100 / May 13	7418.15
Dow Jones / May 13	32196.66
Germany DAX 30 / May 13	14027.93
France CAC40 / May 13	6362.68

Item	Value
Crude Oil / May 13	110.49
Karachi Cotton Assoc. / May 13	21180.00
Gold 10 Grams / May 13	113000.00
Gold Spot / May 13	1811.79
Cotton / May 13	145.20

SEC

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