Divided House passes SEC cost-benefit analysis bill
WASHINGTON - A divided House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street.
Found 16 hours ago on channel Reuters
MessageMe Raises A $10M Series A Led By Greylock As It Gears Up For Money And Premium Services In Its Rich Messaging App
MessageMe -- a messaging app that launched in March with a little Facebook controversy thrown in -- has raised another $10 million, according to an SEC filing earlier today. The Series A round was led by Greylock Partners; and as part of it, John Lilly, the ex-ceo of Mozilla who is now a partner at Greylock, will be joining the board of LittleInc Labs, makers of MessageMe.
White to Republicans: SEC not writing political spending rule
WASHINGTON - Despite a major push by liberal groups, federal securities regulators are not currently drafting a rule to require public companies to disclose their political spending, Securities and Exchange Commission Chair Mary Jo White told lawmakers on Thursday.
Sen. Warren Continues Campaign Against 'Too Big To Jail' Banks
(AP Photo) Following up on a series of questions first posed during a Senate Banking Committee Hearing earlier this year that left her concerned that the nation's largest banks weren't only "too big to fail" but "too big to jail," Senator Elizabeth Warren (D-MA) on Tuesday sent a strongly worded letter to the heads of the SEC, the Justice Dept, and Federal Reserve demanding a better explanation about how these lar
Viddy: That $2.86M SEC Filing Is Not A Fundraise - It's An Internal Share Conversion
Yesterday, Viddy filed a regulatory document with the US Securities and Exchange Comission that seemed to indicate that the Los Angeles-based video sharing startup had raised $2.85 million in new funds. While cash infusions are always good things, that particular amount would be a big step down for Viddy in comparison to its frothy past -- just a year ago, the company closed on a $30 million round at a reported $370 million valuation.