By  Aaron Nicodemus2023-11-15T18:46:00
Aaron Nicodemus2023-11-15T18:46:00
 
      The Securities and Exchange Commission (SEC) fined Charter Communications $25 million for violating internal accounting control requirements related to stock buybacks.
The SEC said Charter, whose services are branded as Spectrum, approved stock buybacks that used nonconforming plans that did not comply with Rule 10b5-1, which offers protections for companies and individuals from insider trading liability under certain conditions, according to the agency’s order released Tuesday. The SEC said the company’s board of directors authorized stock buybacks only if they complied with the rule.
Charter neither admitted nor denied the allegations and agreed to cease and desist from further violations.
 
                
                2024-02-05T22:15:00Z By Jeff Dale
Westpac Banking Corp. was assessed a maximum fine of AUS$1.8 million (U.S. $1.2 million) to address charges levied by the Australian Securities and Investments Commission of insider trading related to an interest rate swap transaction.
 
                
                2023-12-27T18:03:00Z By Kyle Brasseur
OEP Capital Advisors agreed to pay a $4 million penalty as part of a settlement with the Securities and Exchange Commission addressing alleged deficiencies regarding the prevention of misuse of material nonpublic information.
 
                
                2023-11-06T12:59:00Z By Aaron Nicodemus
Royal Bank of Canada will pay $6 million in total penalties to settle charges from the Securities and Exchange Commission and two Canadian regulators that it failed to properly record software development costs for more than a decade.
 
                
                2025-10-30T19:59:00Z By Oscar Gonzalez
Texas Attorney General Ken Paxton sued two pharmaceutical companies for ”deceptively marketing Tylenol to pregnant mothers” despite risks linked to autism. The filing came two days before HHS Secretary Robert F. Kennedy Jr. appeared to walk back the claims.
 
                
                2025-10-29T20:04:00Z By Oscar Gonzalez
The Consumer Financial Protection Bureau shut down a registry of non-bank financial firms that broke consumer laws. The agency cites the costs being ”not justified by the speculative and unquantified benefits to consumers.”
 
                
                2025-10-28T21:11:00Z By Adrianne Appel
Senate Democrats warned OMB Director Russell Vought Tuesday that it would be illegal for the Trump administration to shut down the Consumer Financial Protection Bureau, citing a recent court decision barring actions that could severely harm the agency.
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