The FASB’s proposed new rule trying to tighten segment disclosures does not go far enough although segment disclosures are hugely important to investors and citizens. Legal workers carry documents for...
Tag: disclosures
LINK Whales Tired of Lifting Token Prices? New Disclosures Might Help
Chainlink joins the group of most traded smart contracts among the top ETH whales. Chainlink Economics 2.0 to mark a new era for the network. Network’s social volume has reached all-time highs. Chain...
Salary range disclosures backfire after government push
Some job postings that have surfaced amid California’s push for pay transparency feature quite broad compensation ranges. The pay transparency law, previously known as S.B. 1162, took effect with the ...
Why Investors Need Better Corporate Tax Disclosures- Part II
In Part II, I review the commonly used corporate techniques to shelter profits in overseas low tax havens and why an ESG investor might want to push for more transparent jurisdiction by jurisdiction d...
Why Investors Need Better Corporate Tax Disclosures- Part I
In part I, using Ford Motor Company as an example, I argue that the sheer opacity of current tax disclosures makes it virtually impossible for even an informed investor to forecast a sustainable tax r...
Mining Firm Core Scientific Faces Lawsuit Over Financial Disclosures
7 hours ago | 2 mins read Bitcoin News Mei Pang, the plaintiff and a shareholder, claims the business intentionally misled investors. Previously, the defunct crypto lender Celsius filed a lawsuit on S...
Promoting Crypto on Instagram? Disclosures Need More Than a Hashtag, Says Gensler
Promoting crypto online? You’re going to need a longer hashtag for that, says SEC Chairman Gary Gensler. Following the SEC’s charges against Kim Kardashian for promoting the EthereumMax (EMAX) token o...
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months – Bitcoin News
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a...
Kim Kardashian Charged $1,300,000 in Fines for Promoting EthereumMax Token Without Proper Disclosures
A major Hollywood celebrity is being forced to pay fines by the U.S. Securities and Exchange Commission (SEC) for promoting crypto on social media. American businesswoman and media personality Kim Kar...
Biden administration seeks new rules on airline fee disclosures
Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. As travel is ramping up for the July 4th holiday, staffing shortages are causing problems for some ...
SEC could facilitate ‘different set of disclosures’ for crypto, Gensler says
The Securities and Exchange Commission could facilitate “a different set of disclosures” for crypto securities, SEC Chair Gary Gensler told Sen. Cynthia Lummis (R-Wyo.) on Thursday. “The entrepreneurs...
SEC to form a new office for crypto disclosures
The Securities and Exchange Commission will establish a new office for cryptocurrency filings. The office will be within the Division of Corporation Finance, which handles disclosures for publicly tra...
Latest Tether disclosures show $28.9 billion in US Treasury bills
Stablecoin issuer Tether on Friday published results of its latest quarterly assurance opinion, completed by public accounting firm BDO. A quarterly assurance opinion is a method used by stablecoin is...
U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps
U.S. Senator Sherrod Brown (D-Ohio) sent letters to Tim Cook, CEO of Apple, and Sundar Pichai, CEO of Google and Alphabet on July 28, asking for information about what the companies are doing to prote...
UK Treasury disclosures for first quarter reveal meetings with top crypto execs
UK Treasury disclosures for the first quarter of 2022 reveal a number of meetings between top officials and crypto companies. The HMT Ministers’ Meetings log, published on the UK government web...
SEC could tailor disclosures for crypto firms
The US Securities and Exchange Commission (SEC) could tailor disclosures to suit crypto companies, Chair Gary Gensler said Thursday, offering new insight into the commission’s future rulemaking. “I...
SEC Chair: ‘basic disclosures’ by crypto companies will benefit investors
US Securities and Exchange Commission (SEC) Chair Gary Gensler says the public can benefit more if crypto platforms were able to offer even the most basic of disclosures. Gensler, who has reiterated s...
Circle shuts down critics with on-going disclosures on USDC reserve assets
Circle issued its first monthly report of USDC reserve assets on July 14 in an effort to enhance transparency. The general reputation of stablecoins has taken a severe hit since the Terra UST implosio...
US State Regulators Investigating Crypto Brokerage Voyager, Looking Into Potential Improper Disclosures: Report
Securities regulators from two US states are reportedly looking into embattled crypto brokerage firm Voyager Digital for possibly failing to disclose vital information regarding its loans and creditwo...
Lawmakers introduce bill to include crypto in Congressional disclosures
advertisement Representatives Elissa Slotkin (D-MI) and Dusty Johnson (R-SD) have introduced a bill that would require members of Congress to disclose financial interests in crypto. The lawmakers intr...
SEC Asks Elon Musk The Reason Behind His Late Disclosures Of 9.2% Stake In Twitter
On Friday, the SEC revealed that it sent a letter to Elon Musk inquiring about his disclosure of 9.2% stakes in Twitter later than legally required. The letter published by the SEC asked four qu...
Chinese green bond issuers must improve disclosures to ensure growth of sustainable finance market, report says
Chinese green bond issuers lag behind global peers in revealing how the proceeds are used, highlighting the need for improved disclosures in the world’s second largest climate bonds market, acco...
U.S. SEC chair Reacts To Terra (LUNA) Crash! Rules & Disclosures Needed to Protect Investors – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin, the bellwether for the crypto market, took a beating this week by hitting a 52-week low, falling down to $25,402. This week’s massive variations are directly linked to the troubles of TerraUS...
SEC Fines Tech Giant Nvidia for Alleged ‘Inadequate Disclosures’ on Impact of Crypto Mining on Revenue
The U.S. Securities and Exchange Commission (SEC) is fining tech giant Nvidia for inadequately disclosing how much crypto mining directly impacted the company’s revenue stream. According to a recent s...
Nvidia Agrees to Pay $5.5 Million to SEC Fine for Failure to Crypto Mining Disclosures
Nvidia Corporation, a pioneer provider of graphics processors and related software, has agreed to pay a $5.5 million fine to settle the United States Securities and Exchange Commission (SEC) over alle...
NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC
America’s top financial watchdog – the Securities and Exchange Commission – has settled with Nvidia over charges that the company under-reported the impact of crypto mining on its gaming business. NVI...
Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining
The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “i...
NVIDIA Settles SEC Charges Over Cryptomining Disclosures
Key Takeaways NVIDIA has agreed to pay $5.5 million in penalties to the SEC. The SEC accused NVIDIA of improperly disclosing how large of an impact that its cryptomining sales had on its gaming busine...
Nvidia, SEC reach deal on cryptocurrency disclosures in 2017
A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan | Getty Images Nvidia will pay $5.5 million as part of a settlement with the SEC that i...
The SEC wants better corporate disclosures about hacks
The U.S. Securities and Exchange Commission (SEC) has proposed new cybersecurity risk management rules for corporations that would require them to be more transparent with customer disclosures. The ne...