SEC

SoftBank invested two-thirds of its U.S. stock portfolio into Intel, a fact revealed by an SEC filing. As of June 30, the Japanese investment group held 86.9 million shares of Intel. This substantial holding, valued at $12.1 billion, dwarfed all other U.S. equity positions within its portfolio.

A new SEC filing revealed the scale of a Situational Awareness memory chip bet that ultimately failed. The fund's top five positions, including Sandisk at $5.7 billion and Micron at $5.6 billion, all sharply declined in July due to the reversal of the AI trade.

The SEC filed a complaint alleging that The Spaventa Group, led by Andrew Spaventa, operated a pre-IPO "boiler room" selling shares of companies like SpaceX, Anduril, Anthropic, and Perplexity. The regulator alleges the firm raked in over $74 million from investors between 2020 and 2025, claiming that investors paid significantly high markups on their positions.

The Blockchain Association backed a proposal from the SEC regarding outdated NMS rules. They cited tokenization benefits as key reasons supporting the plan to scrap the existing rules.

The Dodgers' owner, Mark Walter, faces scrutiny over his businesses due to investigations involving several authorities. These probing bodies include the Department of Justice, the SEC, and various state insurance regulators. As a result, the ownership stakes for Walter are highly significant.

The SEC meeting concerning crypto rules was shelved after Senate punted clarity act occurred. The cancellation was due to an unforeseen scheduling issue, and no replacement date has been set for the event.

The SEC canceled a meeting concerning proposed crypto offering rules. This cancellation occurred because the Senate departed for recess without voting on the CLARITY Act.

Anthropic's backers anticipate a potential IPO with a valuation of $2 trillion or higher, though this figure greatly exceeds its current profitability. Despite high valuation expectations, Anthropic is not yet making money, meaning that achieving solid net income—rather than just operating profit—will be critical for public investors to deem the massive valuation palatable.

The SEC is planning new rules for tokenized stocks. A new framework could be announced as soon as Friday, representing a potentially major development for crypto this year.

The SEC stated that it will not pursue enforcement action if Franklin Templeton's funds begin investing cash in the asset manager’s own tokenized money market fund. This ruling effectively allows the investment of Franklin Templeton funds into the onchain money fund.

Copper Markets US has established a regulated presence in the United States by becoming a FINRA member and SEC-registered broker-dealer. Following this development, the company plans to offer services including qualified custody, staking, financing, and over-the-counter (OTC) services.

Texas Tech coach Joey McGuire reported that major programs such as USC, Texas A&M, and NC State have refused to honor non-conference scheduling requests for the Red Raiders. This situation highlights a dispute over strength of schedule metrics, leading criticism regarding how these large schools critique smaller ones for perceived weak schedules. The article suggests this unwillingness to play Tech complicates their ability to criticize the program's scheduling choices.

OpenAI completed a $7 billion employee stock buyback ahead of its possible IPO. This deal reportedly values OpenAI at $852 billion and follows the company's confidential IPO filing with the SEC in June.

Truckers carry over 71% of America’s freight, making the industry vital to the economy. To bolster this sector, the Freedom Haulers campaign was launched to recruit military veterans into trucking careers. The article also details that recent departmental crackdowns against fraud and illegal driving have reportedly led to record low highway fatalities and increased driver earnings.

US public pension funds and business groups are currently clashing regarding an SEC climate risk disclosure shift. In response to the regulator, major entities such as Vanguard and Norway’s sovereign wealth fund have all issued a cautious reaction.

Bitwise's Matt Hougan argues that regulatory guidance from the SEC and CFTC will sustain the crypto industry's momentum even if Congress does not pass major market structure legislation this year. The article highlights that clarity from regulators, rather than legislative action, may be sufficient to keep the industry advancing.

SEC Commissioner Hester Peirce expressed optimism that the Clarity Act, a crypto market structure bill, will pass before the Senate recesses. The bill aims to clarify regulatory authority over the crypto spot market and address concerns raised by the banking lobby and lawmakers.

The Clarity Act remains inactive regarding ethics concerns involving Trump, while Warren has requested the SEC to investigate him.

Bernstein expects SEC and CFTC crypto rulemaking to accelerate under Project Crypto if the Clarity Act fails to pass this year. The analysis links the potential failure of the Clarity Act to increased regulatory activity by the SEC and CFTC.

The SEC has delayed Nasdaq's bitcoin options after granting the CME a review. CME argues the contracts fall under CFTC oversight as commodity option swaps, not SEC jurisdiction.

The SEC is reviewing Nasdaq's approval for bitcoin options following a challenge from CME. This review comes after CME contested Nasdaq's authorization to offer these financial products.

The SEC and Big Ten have agreed to support the 'Protect College Sports Act' after intense negotiations involving senators and White House officials. Senators Ted Cruz, Maria Cantwell, and Eric Schmitt led bipartisan efforts to finalize the bill, which aims to protect women and Olympic athletes in college sports. The White House, including President Trump, actively engaged in pushing the legislation forward.

Sen. Ted Cruz asserts the Protect College Sports Act includes a hard $48.8 million cap to limit third-party NIL payments, but the SEC and Big Ten conferences remain unconvinced. The bill combines a $21.3 million salary cap with a $27.5 million retention pool, though negotiations stalled as the Senate recessed. Key disputes involve defining 'open market' deals and concerns over conflicting with existing revenue-sharing settlements.

Senators Elizabeth Warren and Adam Schiff are urging the SEC to investigate Trump Media's paid post feed, which they described as an 'outrageous abuse' of the presidency that could provide Wall Street with an unfair trading advantage.

The SEC is prepared to establish crypto regulations if the Clarity Act fails to pass. The bill was passed by the House a year ago, cleared the Senate Banking Committee in May, and awaits a floor vote.

A reworked Senate bill, the Protect College Sports Act, proposes a $25 million 'retention pool' to pay athletes to stay at their colleges. The bill aims to regulate college sports by more than doubling the money schools can share with players, but its effectiveness in influencing major conferences like the Big Ten and SEC remains uncertain.

Securitize Capital has become an SEC-registered investment adviser, expanding its regulated platform for tokenized assets. This registration adds investment advisory services to its institutional offerings.

Securitize has expanded its regulated platform by obtaining an SEC adviser license, allowing the company to collaborate more closely with asset managers and institutional investors on tokenized investment strategies.

SEC commissioner Hester Peirce suggests some crypto vaults and curators may function as fund managers, potentially requiring registration. This classification could impact how these entities operate under regulatory frameworks.

The article discusses the potential benefits of companies in the US discontinuing quarterly reports, despite backlash against the SEC. It suggests that such a change could be advantageous if implemented correctly.

Fidelity, a $7 trillion investment firm, supports the new Crypto Clarity Act, urging Senate passage to establish clear regulations for digital assets. The bill, backed by crypto groups and politicians, includes a ban on officials promoting crypto and addresses banking concerns over stablecoins. Fidelity, managing Bitcoin ETFs approved by the SEC in 2024, joins advocacy groups in pushing for legislative clarity despite opposition from Coinbase and banking leaders.

LSU is projected to finish fifth in the SEC this season, with Georgia predicted as the champion. Two small businesses sued the Trump administration over newly imposed tariffs, and the Port of Long Beach plans to explore building a nuclear reactor to power the port.

The SEC and Big Ten conferences have not supported the 'Protect College Sports Act' in its current form, as Senators Ted Cruz and Maria Cantwell work to revise the bill before Congress's August recess. The legislation aims to regulate Name, Image, and Likeness (NIL) rights, eligibility, transfers, and conference realignment, but faces opposition from the conferences over concerns about media rights and expansion. The bill's passage remains uncertain as time runs out before the recess.

The SEC is set to hold talks in September regarding a potential shift to 24-hour stock trading. Nasdaq, Cboe, and the London Stock Exchange are among major exchanges considering extended trading hours.

The SEC has reached a settlement with Coinbase regarding missing texts from Gary Gensler. The resolution addresses the issue of undisclosed communications involving the SEC chair.

The SEC has settled a lawsuit with Coinbase over lost text messages. A watchdog report previously attributed the loss of nearly a year’s worth of Gary Gensler’s text messages to 'avoidable errors.'

Nasdaq Inc. will modify its rules to expedite the removal of underperforming companies, following SEC approval. The changes aim to address market volatility and manipulation concerns in microcap stocks.

The SEC commissioner said crypto vaults, onchain lending products, and other asset management tools may trigger US securities laws depending on how they are structured and operated.

SEC's Peirce warns that some DeFi vaults and onchain lending activities may be subject to securities laws. The statement highlights potential regulatory scrutiny of decentralized finance mechanisms.

Hester Peirce, known as 'Crypto Mom', warned crypto vault builders against manipulating securities law, stating they would face consequences if they do. She clarified that onchain vaults and lending may fall under the SEC's jurisdiction.