Nvidia to pay $5.5M as part of SEC case concerning 'inadequate disclosures' a...

Nvidia to pay $5.5M as part of SEC case concerning 'inadequate disclosures' a...

"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete and accurate," said Kristina Littman. The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “inadequate disclosures.”In a Friday announcement, the SEC said that Nvidia failed to disclose that mining cryptocurrencies was “a significant element of its material revenue growth” based on sales of its graphics....


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