Scarborough warned that those making quick profits from insider knowledge of Trump's decisions are likely to face consequences from the SEC, stating, 'There are a lot of stupid people that are thinking... we can trade on inside information.'
The investigation into Faraday Future lasted for nearly four years, focusing on whether the EV startup made false and misleading statements during its 2021 merger with a SPAC and allegations of faked sales in 2023.
March Madness is the big picture of the college basketball season, but the day-to-day challenges of January are key in putting that picture together. Especially in the talent-loaded SEC, which currently has nine AP-ranked teams battling each other for supremacy, while also trying to stave off upset attempts. One such powerhouse meeting comes Thursday: Texas -- coming off its first loss of the season, at LSU -- travels to South Carolina (ESPN2, 7 p.m. ET).
It took a truly unprecedented season from the SEC to dethrone the Big 12 as the top conference in college basketball in 2024-25. The SEC remains fabulous, but no longer historic, and now the Big 12 has a realistic shot to regain its crown in 2025-26. It doesn't hurt that two of the four projected No. 1 seeds as the calendar flips to a new year, Arizona and Iowa State, have raced to their lofty perch with a combined 26-0 record.
In a development born of the government shutdown, the SEC announced Thursday that companies can proceed with IPOs using an obscure automatic approval process, now with the added bonus of skipping pricing information entirely. What's happening is that with 90% of SEC staff furloughed, startups can file their paperwork and have it automatically become effective after 20 days. This option always existed; firms just rarely use it because they prefer having SEC reviewers actually look at their disclosures before going public.
After years of discussion and consideration, the university presidents voted to adopt a nine-game conference schedule beginning next fall. The decision, announced Thursday, has sweeping ramifications for the regular season and the College Football Playoff. Remember those stalled negotiations over the future CFP format? The Big Ten supported a radical 16-team proposal full of automatic qualifiers while the SEC, ACC and Big 12 backed a model (dubbed 5+11) that leaned into at-large berths.
On July 16, Via Transportation announced it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), initiating the process for a proposed IPO.
If we're going to do something monumental, do something monumental. Think outside the box. It's a very easy approach. ... We've all complained. The commissioner got up and complained. Coaches got up and complained about the selection process, which is understandable. It's a human system that has no standard of picking. There's going to be implicit bias. Why would we add more to that? I don't understand that.
