Carl Icahn agreed to the SEC penalty without admitting or denying the allegations. (Photo: Tua Ulamac/Flickr) SEC Fines Carl Icahn $2M, Signaling Scrutiny of Margin Loan Disclosures
The agency says the longtime activist investor failed to disclose that he and his company pledged billions of dollars in stock as collateral on margin loans.
August 19, 2024 at 02:46 PM
2 minute read
Risk and Compliance
The Securities and Exchange Commission has fined Carl Icahn and his firm $2 million for failing to disclose billions in stock pledges.
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