Settlement

Jump Trading’s Tai Mo Shan Agrees to Pay $123 Million in SEC Settlement

1 day ago

In a significant development in the financial markets, Tai Mo Shan, a partner at Jump Trading, has reached a settlement agreement with the U.S. Securities and Exchange Commission (SEC) amounting to $123 million. This decision follows allegations that Shan violated securities laws through manipulative trading practices.

Zoom's Privacy Investigation by SEC on the Verge of Settlement

23 days ago

In a significant development for the video communication giant Zoom Video Communications, an investigation led by the U.S. Securities and Exchange Commission (SEC) focusing on the company's privacy practices appears to be nearing resolution. The inquiry, which initially commenced in 2020, scrutinized how Zoom collected and managed user data, amidst rising scrutiny over privacy standards in the tech industry.

Goldman Sachs and Apple Agree to $89 Million Settlement Over CFPB Investigation

2 months ago

In a significant development within the financial sector, Goldman Sachs and Apple Inc. have reached an agreement to pay $89 million as part of an investigation initiated by the Consumer Financial Protection Bureau (CFPB). The inquiry primarily focused on allegations surrounding the practices of the Apple Card, a credit card issued by Goldman Sachs in collaboration with the tech giant.