Regulation News
Financial regulation news from the SEC, FINRA, and government agencies. Track policy changes, enforcement actions, and compliance updates affecting markets.
TerraVest Plunges 30% on Insider-Tipping Probe
TerraVest shares plunged over 30% after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal.
BioCardia Surges on FDA Minutes Showing CardiAMP Trial Can Support PMA
BioCardia shares surged 52% to $1.40 after FDA meeting minutes confirmed its CardiAMP HF II trial may support a PMA for heart-failure cell therapy, bucking a weak biotech sector.
Pennsylvania Bill Targets Data Centers as Electricity Prices Surge
Pennsylvania House Republicans propose forcing large data centers to secure their own power and pay grid costs after electricity prices jumped statewide June 1.
Verizon Stock Falls on Supreme Court Ruling Despite Dividend Assurance
Verizon shares fell 3.8% due to a Supreme Court ruling against wireless carriers over FCC fines, despite a reaffirmed dividend. The stock's 6.3% yield draws income investors, but regulatory and debt challenges persist.
Celsius Shares Slide on Texas Probe Into Alani Nu Marketing
Celsius shares dropped 6.8% after Texas opened a probe into whether Alani Nu drinks misled consumers about safety for minors, threatening growth plans.
Consumers Energy Seeks $456M Annual Rate Hike, Citing Grid Upgrades
Consumers Energy has filed for a $456 million annual rate hike that could boost residential bills by 9.8%, drawing criticism from Michigan's attorney general and consumer advocates.
Trader Joe's Mini Tote Returns Amid Trademark Lawsuit
Trader Joe's will release a new $2.99 striped mini canvas tote on June 17, concurrent with a federal trademark lawsuit against logistics firms for allegedly facilitating counterfeit sales.
Idaho Power Seeks Approval for Two Gas Plants to Address Capacity Gaps
Idaho Power seeks state approval for two new gas plants to address projected capacity deficits of 236 MW in 2029 and 352 MW in 2030, with no immediate rate hike proposed.
White House Mandates 30-Day Federal Review for Advanced AI Systems
President Trump's executive order mandates a voluntary 30-day federal cybersecurity review for advanced AI models from OpenAI, Google, and Anthropic before wider release, potentially delaying product launches.
Abivax Stock Tumbles 44% Despite Positive Ulcerative Colitis Trial Results
Abivax shares fell 44% as strong Phase 3 results for obefazimod in ulcerative colitis were overshadowed by malignancy cases, fueling investor worries about regulatory approval.
Supreme Court Seeks Trump Admin View on Robinhood IPO Lawsuit
The Supreme Court seeks the Trump administration's opinion on Robinhood's appeal to dismiss an investor lawsuit over alleged incomplete IPO disclosures, with implications for financial reporting rules.
Deere's $99M Right-to-Repair Deal Advances, Farmers Face Key Deadlines
A federal judge gave preliminary approval to Deere's $99 million right-to-repair settlement, setting an Oct. 29 final hearing. Farmers must decide by Sept. 14 on claims or objections.