The Law of the Financial Markets from Top Securities Lawyers
Tuesday, April 23, 2024
The Securities and Exchange Commission today announced that, starting on May 22, 2024, the fee rates applicable to most securities transactions will be set at $27.80 per million dollars. Consequently, each self-regulatory organization will continue to pay the Commission a rate of $8 per million for covered sales occurring on […]
The Securities and Exchange Commission’s Division of Investment Management is gearing up to host its much-anticipated second annual Conference on Emerging Trends in Asset Management. Scheduled for Thursday, May 16, 2024, this event promises to be a cornerstone for professionals from various sectors within the asset management industry, including regulators […]
The role of registered investment advisers is paramount in the realm of financial oversight and regulatory compliance. Among the myriad challenges these entities face, maintaining rigorous adherence to recordkeeping and ethical standards is perhaps the most pivotal. This is exemplified in the recent case involving Senvest Management LLC, a notable […]
Genesis Global Capital Fined $21 Million for Unregistered Crypto Lending Genesis Global Capital, LLC has been hit with a hefty $21 million civil penalty by the Securities and Exchange Commission (SEC). This comes as a settlement to charges that Genesis was involved in the unregistered offering and sale of securities […]
In a landmark settlement, Skechers U.S.A. Inc., the renowned California-based footwear giant, has agreed to pay a $1.25 million civil penalty following charges by the SEC. The SEC’s allegations centered on the company’s failure to adequately disclose certain payments and loans benefiting its executives and their family members. Unveiling Undisclosed […]
On March 1, 2024, the Securities and Exchange Commission (SEC) announced that it has brought an enforcement action involving HG Vora Capital Management LLC, a New York-based investment advisory firm. This case underscores the critical importance of timely and transparent ownership disclosures in the financial world, especially in the context […]
SEC Charges Lordstown Motors with Misleading Investors Regarding Flagship Electric Vehicle Washington D.C., Feb. 29, 2024 —The Securities and Exchange Commission (SEC) has taken action against Lordstown Motors Corp., alleging that the company misled investors regarding the sales prospects of its flagship electric pickup truck, the Endurance. Lordstown, which underwent […]
February 8. 2024 – The U.S. Supreme Court issued a unanimous ruling holding that whistleblowers do not need to prove that their employer acted with “retaliatory intent” to be protected under the Sarbanes-Oxley Act (SOX). The decision in the case, Murray v. UBS Securities, LLC, has immense implications for several […]
The U.S. Securities and Exchange Commission (SEC) is gearing up for an impactful event that promises to highlight the critical need for investor access to legal counsel. The 2024 Investor Advocacy Clinic Summit is set to bring together law students, their professors, SEC staff, and other distinguished guests to delve […]
The Securities and Exchange Commission (SEC) has stepped forward to address a notable issue. This situation serves as a stark warning for students and investors about the risks of navigating the complex and often murky waters of digital currency investments. The Rise and Fall of a Crypto Education Venture Unveiling […]
