The Law of the Financial Markets from Top Securities Lawyers
Wednesday, April 24, 2024
SEC Implements Rule 192 to Safeguard Against Conflicts of Interest in Asset-Backed Securities Washington D.C., Nov. 27, 2023 — The Securities and Exchange Commission (SEC) has adopted Securities Act Rule 192. This rule, designed to enforce Section 27B of the Securities Act of 1933, as introduced by Section 621 of […]
Defending an SEC Investigaton Facing an SEC investigation can be a daunting challenge for any individual or organization and defending an SEC investigation takes experience and knowledge. The SEC is a formidable regulatory body with the authority to scrutinize financial activities, and being prepared for such an inquiry is crucial. […]
SEC Small Business Capital Formation Advisory Committee Meeting Agenda The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee has announced the agenda for its upcoming meeting on Wednesday, Nov. 29. The meeting will delve into key topics concerning small businesses and investors. Morning Session: Accredited Investor Definition Discussion […]
Kraken operated its crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. SEC seeks an injunction, disgorgement and penalties
The Securities and Exchange Commission today charged Nadim Ahmed, a New York-based businessman and his companies, NuRide Transportation Group, LLC and NYC Green Transportation Group, LLC, with making fraudulent misrepresentations in securities offerings… SEC Press Release
On November 16, 2023, the SEC took a significant step towards fortifying the stability of clearing agencies by implementing innovative rules aimed at diminishing the influence of conflicts of interest on their boards of directors or equivalent governing bodies. What is a Clearing Agency? Clearing agencies, also known as clearinghouses, […]
A Recap of Fiscal Year 2023 Enforcement Actions The Securities and Exchange Commission (SEC) has continued its enforcement actions, announcing a total of 784 enforcement actions during fiscal year 2023. Here are the securities litigation enforcement highlights from the SEC for the past year. Diverse Enforcement Landscape Stand-Alone Actions Surge […]
The Securities and Exchange Commission today announced settled charges against Charter Communications Inc. for violating internal accounting controls requirements relating to its stock buybacks. According to the SEC’s order, Charter’s board… SEC Press Release
The Securities and Exchange Commission today announced that Charlotte-based Albemarle Corporation, a global specialty chemicals company, agreed to pay more than $103.6 million to settle the SEC’s charges that it violated the anti-bribery, recordkeeping,… SEC Press Release
The Securities and Exchange Commission today charged Newell Brands Inc., a Georgia-based consumer products company and its former CEO, Michael Polk, with misleading investors about Newell’s core sales growth, a non-GAAP (Generally Accepted Accounting… SEC Press Release
