NEW YORK (Reuters) - Cybersecurity company Rapid7 (NASDAQ:RPD) on Monday said it has reached an agreement with activist investor Jana Partners to add three new directors to its board, including one of the hedge fund’s partners.The Boston-based company named Wael Mohamed, Mike Burns and Kevin Galligan as new directors. Its board currently has eight members.Rapid7 CEO Corey Thomas said the newcome ...
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission will likely focus on more traditional cases under incoming leadership, including those involving individual wrongdoing and fraud targeting elders, the agency’s acting enforcement director said on Monday.The SEC has pioneered novel enforcement theories in recent years, such as a 2021 "shadow trading" case, which it won. But it is in ...
(Reuters) -The U.S. Treasury department is preparing recommendations for streamlining some banking regulators, Semafor reported on Monday, as it seeks a stronger role in the oversight of the country’s biggest lenders.The recommendations could impact the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation, the report said, citing three people familiar with the proc ...
By Nupur AnandNEW YORK (Reuters) -JPMorgan Chase and Walmart (NYSE:WMT) are partnering to speed up payments for merchants that sell items through the retail giant’s website. The pairing will allow merchants on Walmart’s marketplace platform to accept and make payments, while managing cash flow using JPMorgan’s systems, said Lia Cao, head of embedded finance and solutions at the largest U.S. ...