Tag: Securities and Exchange Commission

The SEC Plans to Further Regulate 10b5-1 Plans

The SEC Plans to Further Regulate 10b5-1 Plans

This is a win for investors and could potentially be a "Big" win if new 10b5-1 regulations are tough. Too frequently CEOs and named executives skirt around insider trading rules by way of 10b5-1 plans - especially the modification of existing 10b5-1 plans. Last year we called out Moderna (MRNA) CEO St├ęphane Bancel for this … Continue reading The SEC Plans to Further Regulate 10b5-1 Plans

Instagram, Stagflation, EVs and More Cyberattacks

Instagram, Stagflation, EVs and More Cyberattacks

Instagram is on to APIs. Biden's budget implies stagflation. EV poster child Elon Musk will benefit from Biden's spending plan beginning in 2023. Ransomware attacks continue to expose the fragility of our legacy technology systems. Last month we wrote about API strategy. Instagram (tkr: FB), recently opened its platform via APIs to enable Instagram messages … Continue reading Instagram, Stagflation, EVs and More Cyberattacks

Technology Is Running Circles Around Financial Regulators

Technology Is Running Circles Around Financial Regulators

The SEC Needs To Step Up Its Enforcement Game. Political Pressure Is Focused Elsewhere. Private, decentralized messaging platforms where user IDs are not tied to real world identities make it possible for public company executives to discretely disclose non-public information with select investors. Discord is one such example. It will be interesting to observe the … Continue reading Technology Is Running Circles Around Financial Regulators

We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman

We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman

The Committee on Banking, Housing and Urban Affairs is holding its confirmation hearing for Gary Gensler as SEC Chairman (link HERE). Gensler will need to demonstrate that he will be tough on individuals and companies that violate capital market integrity. We are confident that Mr. Gensler understands the relevant questions to ask (even if Senator … Continue reading We Are Taking A “Show Me” Approach To Gary Gensler As SEC Chairman

How To Restore Integrity To The Capital Markets

How To Restore Integrity To The Capital Markets

On February 18th the House Financial Services Committee will hold a virtual hearing related to the GameStop (GME) fiasco. "Accountability" in a word is how the SEC may act to restore integrity to the capital markets. Jail time for scammers: Should you decide it is a good idea to execute a pump and dump scheme … Continue reading How To Restore Integrity To The Capital Markets

Elon Musk Is A Carnival Barker At Best, A Criminal At Worst

Elon Musk Is A Carnival Barker At Best, A Criminal At Worst

The retail trading crowd views Elon Musk as a populist hero. The reality is Musk is a carnival barker and borderline fraudster in the vein of WeWork founder Adam Neumann. Mr. Musk got off easy under lax former SEC Chairman Jay Clayton. Recall in August 2018 when Musk posted on Twitter that he had secured … Continue reading Elon Musk Is A Carnival Barker At Best, A Criminal At Worst

Everyone Is A Stock-Picking Genius During A Bubble. Where Is The SEC?

Everyone Is A Stock-Picking Genius During A Bubble. Where Is The SEC?

During an equity market bubble 13-year old children are as smart or smarter than experienced stock pickers. Who needs to assess valuation, industry trends, the competitive landscape and management teams when stocks only go up? Heck, reddit chat room WallStreetBets ("WSB"), tells investors everything they need to know (said with sarcasm). Plus, Elon Musk Tweeted … Continue reading Everyone Is A Stock-Picking Genius During A Bubble. Where Is The SEC?