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Carl Icahn and Icahn Enterprises settle with SEC over disclosure rules violations

Carl Icahn
Carl Icahn. Photo: Neilson Barnard/Getty Images

Alexander Barzacanos

1 min read
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The agency accused Icahn and his company of failing to disclose billions in shares used to secure personal margin loans.

Billionaire Carl Icahn and his company Icahn Enterprises (IEP) have been charged by the SEC with rules violations for “failing to disclose information relating to Icahn’s pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars.”

The SEC said that Icahn had pledged 51-82%

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