financetom
Business
financetom
/
Business
/
Update: Market Chatter: Douglas Elliman Faces FINRA Probe Over Anywhere's Takeover Bid
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Douglas Elliman Faces FINRA Probe Over Anywhere's Takeover Bid
Sep 24, 2025 5:49 AM

08:26 AM EDT, 09/24/2025 (MT Newswires) -- (Updates with SEC and FINRA responses in the fourth paragraph.)

Douglas Elliman's ( DOUG ) trading activity ahead of reports of a takeover bid by Anywhere Real Estate ( HOUS ) are being looked into by the Financial Industry Regulatory Authority, Reuters reported Wednesday, citing people familiar with the matter.

The probe seeks a written chronology of events prior to the bid becoming public in late May when Douglas Elliman's ( DOUG ) shares jumped about 50%, according to the report.

FINRA has requested board minutes, a list of insiders, details of communications with advisers, employee policy for dealing in its shares, and clearance requests for any such trades before May 23, the report said.

A US Securities and Exchange Commission spokesperson told MT Newswires, "the SEC does not comment on the existence or nonexistence of a possible investigation," while FINRA declined to comment.

Douglas Elliman ( DOUG ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved