The U.S. Securities and Exchange Commission sanctioned eight financial firms for alleged failures related to cybersecurity policies and procedures, each stemming from email account takeovers and related incident response, the regulator announced this week. The sanctioned firms did not admit or deny the commission’s findings, but “agreed to cease and desist from future violations of […]
(Reuters) – Online home-furnishings retailer Wayfair Inc filed for an initial public offering of its Class A common stock, the company said in a regulatory filing with the U.S. Securities and Exchange Commission on Friday. Wayfair, which filed to raise $350 million from the offering, said it intends to list its shares on the New […]
By Rodrigo Campos NEW YORK (Reuters) – Cynk Technology shares plummeted more than 80 percent on Friday after the end of a temporary trading suspension, but the stock was only being exchanged in private deals. In mid-morning trading, Cynk was down 82 percent at $2.50 as 255,000 shares changed hands. OTC Markets Group, where the […]
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