US Securities and Exchange Commission

US Securities and Exchange Commission News

Indian-origin executive settles charges with SEC, another charged for making false claims

Ravichandran, a resident of Boston, had founded Endurance in 1997 and served as the company's Chief Executive Officer and as a member of the Board of Directors.

Securities and Exchange Commission charges Indian-origin man, business associate with fraud

The Securities and Exchange Commission (SEC) on Monday charged Sohrab Sharma and Robert Farkas, co-founders of a purported financial services start-up Centra Tech.


Over $500 mn in bank shares transferred on Thai king's behalf

The transfers come after legal amendments passed in July gave King Maha Vajiralongkorn, who took the throne one year ago after the death of his father, direct control over a committee that oversees the CPB.

Three Indian-Americans charged in insider trading scheme

Saleem Khan used the confidential information to illegally trade on more than 40 occasions ahead of the company's public release.

US SEC seeks lifetime ban, hefty fine for Rajat Gupta

Gupta, 65, has been granted time till April 7 to file his reply to the SEC brief.

Cognizant reshuffles top order

Cognizant said that three senior executives Sumithra Gomatam,Debashis Chatterjee,and Allen Shaheen will assume new responsibilities reporting to Mehta.


Facebook director Marc Andreessen's firm sells 2.28 mn shares

Andreessen's venture-capital firm Andreessen Horowitz still holds 4.57 million shares in Facebook.

India,Turkey leads in 143.3 mn false & duplicate Facebook account

Facebooks monthly active users stood at 1.19 billion by September 30,2013.

Aiming to avoid Facebook chaos,NYSE runs Twitter IPO test

Twitter intends to sell 70 million shares at between $17 and $20 each.

Facebook to make capital investments worth $1.6 bn in 2013

Facebook shelled out USD 221 million on acquisitions and other assets such as patents.