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Greg Sankey insists SEC is 'strongest league' despite Big Ten winning three straight national championships
SEC Commissioner Greg Sankey maintained that the SEC is the "strongest league" despite the Big Ten winning three consecutive national championships. Sankey cited metrics and the overall breadth and depth of the SEC as evidence of its strength. This assertion comes as the SEC has failed to reach the championship game for three straight years.
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'
SEC defends Musk settlement over Twitter, saying it reflects 'compromises' June 1 : The U.S. Securities and Exchange Commission defended its settlement with Elon Musk over his purchase of Twitter shares, saying it reflected "compromises" and was not tainted by collusion, after the judge overseeing the case said the accord raised "red flags." In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publicly deny its...
G-Secs rally as govt and RBI ease foreign investing rules
Bonds rallied after govt and RBI announced measures to encourage foreign investment in govt securities on Friday. The yields on benchmark 10-year govt securities (G-Secs) softened to 6.94% in early trades, from 6.99% on Thursday, after the govt said foreign portfolio investors (FPIs) would be exempted from long-term capital gains and withholding taxes on interest from G-Secs. Prices of bonds and their yields move in opposite directions.
Sankey scoffs at notion of SEC-B1G super league
Southeastern Conference commissioner Greg Sankey said there's no talk of a merger with the Big Ten and called the notion that the SEC wants to form a super league -- the specter of which is being leveraged by lawmakers as a central threat to the future of college sports -- as "not consistent with the truth." Sankey, in an interview Friday on ESPN's "The Paul Finebaum Show," outlined the reasons the SEC does not support a bipartisan bill introduced last week in Congress that would regulate a...
Anthropic confidentially submits draft S-1 to the SEC
Anthropic confidentially submits draft S-1 to the SEC Today, Anthropic, PBC confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed initial public offering of our common stock. This gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors.
SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk
The Securities and Exchange Commission (SEC) has proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face from global warming. This move is part of a broader effort to undo Biden-era regulations on climate change. The proposed repeal would remove the requirement for companies to disclose their emissions and climate risks, which was introduced in 2022 as part of the SEC's efforts to promote transparency and accountability in the financial sector.
Joel Klatt roasts SEC: Nick Saban isn't there 'with his big old coattails for you to ride as a conference'
The SEC has, for years, enjoyed a widespread belief that it is the strongest conference in college football. And for years, that belief was correct. Starting in 2009, Nick Saban created one of the most impressive dynasties in the sport's history.
Anthropic is set to go public after filing paperwork with the SEC
Anthropic is set to go public after filing paperwork with the SEC The company behind Claude says it confidentially submitted a draft version of its S-1 form. Anthropic looks set to soon go public in what's likely to be one of the biggest IPOs to date.
Anthropic confidentially files IPO prospectus with SEC
Anthropic said it confidentially filed its IPO prospectus with the Securities and Exchange Commission, setting up a potentially historic share sale for investors ready to jump into artificial intelligence. "This gives us the option to go public after the SEC completes its review," Anthropic said in a statement on Monday. "The proposed initial public offering will depend on market conditions and other factors."
OpenAI files SEC paperwork to go public
OpenAI files SEC paperwork to go public "We expect it to leak so we're just announcing it." Exactly a week after Anthropic announced its plan to go public, OpenAI has followed suit. The company said on Monday that it confidentially submitted a S-1 form with the Securities and Exchange Commission.