Last week the Commission filed three new cases. One centered on unprofessional conduct. A second involved false statements. The third centeredon misrepresentations. Be careful, be safe this week. SEC Enforcement – Filed and Settled Actions Statistics: This week the Commission … This Week In Securities Litigation (Week of March 25, 2024) Read More »
Source
SEC Actions
Blog Authors
Latest from SEC Actions
Compliance Attorney Barred from Practice Before the Commission
The Commission has long enforced its ethical rules as to the wide variety of professionals who appear and practice before it. While in years past the enforcement of those rules against professionals was controversial, today enforcing ethical rules as to … Compliance Attorney Barred from Practice Before the Commission Read More »
Source
An Investment Adviser and AI
Artificial intelligence is a key topic of conversation these days. From a one-time little discussed idea, it is now being bantered around as if AI were about to take over the world at any moment. There s in fact little … An Investment Adviser and AI Read More »
Source
This Week In Securities Litigation (Week of March 18, 2024)
The Commission filed two new enforcement actions last week. One centered on a Ponzi scheme and involved 17 defendants. A second focused on an insider trading scheme. In addition, a default judgment was taken against former Coinbase manger Ishan Wahi, … This Week In Securities Litigation (Week of March 18, 2024) Read More »
Source…
Commission Files Settled Insider Trading Case
Insider trading has long been one of the staples of the Commission’s enforcement program. While each of its cases is based on alleged violations of Exchange Act Section 10b, neither the statute nor the rule based on it, mention the … Commission Files Settled Insider Trading Case Read More »
Source
This Week In Securities Litigation (Week of March 11, 2024)
The Commission issued its final rules on environmental issues last week. The rules are the most comprehensive set of regulations issued by the agency dealing with environmental issues. The Commission also filed two enforcement actions. One centered inadequate filings. The … This Week In Securities Litigation (Week of March 11, 2024) Read More »
Source…
The New SEC Environmental Rules
The Commission published its Rule on climate related disclosures earlier this week. This is the most comprehensive set of rules dealing with environmental issues promulgated by the agency. The proposals were first published about two years ago. The Commission received … The New SEC Environmental Rules Read More »
Source
Advisor Fined for Failing to Timely Amend Schedule 13D Filing
Section 13(d) of the Exchange Act is one of the key disclosure provisions of the federal securities laws. Generally, it requires those who acquire substantial shareholdings in an issuer to file a schedule which informs the markets of the holdings. … Advisor Fined for Failing to Timely Amend Schedule 13D Filing Read More »
Source
This Week In Securities Litigation (Week of March 4, 2024)
The Commission filed three new actions last week. Two centered on false financial statements while a third is based on false advertising. And, Cornerstone Research published a new report focused on accounting and auditing cases initiated by the Commission in … This Week In Securities Litigation (Week of March 4, 2024) Read More »
Source…
False Advertising Ends in Bankruptcy
Advertising can be important to any business. Telling the public about a line of products or services being offered is typically designed to inform people about the products or services available to draw in customers or clients for the firm, … False Advertising Ends in Bankruptcy Read More »
Source