The Law of the Financial Markets from Top Securities Lawyers
Monday, December 5, 2022
Nov. 28, 2022 — The Securities and Exchange Commission today announced an award of $20 million to a whistleblower who provided new and critical information that led to the success of an enforcement action. In determining the appropriate award amount, the SEC considered that the whistleblower provided significant information and […]
Nov. 23, 2022 —The Securities and Exchange Commission today released its Strategic Plan for fiscal years 2022 to 2026, outlining agency objectives to fight against fraud, maintain a robust and relevant regulatory framework, and sustain a skilled and diverse workforce to serve America’s investors and capital-raising entrepreneurs alike. “Our capital […]
While it is still unclear how the SEC has the authority to regulate enviormental and social investments, it continues to enforce its policies and to fine firms. On November 22, 2022, the SEC charged Goldman Sachs Asset Management, L.P. (GSAM) for policies and procedures failures involving two mutual funds and […]
Oct. 31, 2022 — The Securities and Exchange Commission today announced an award of more than $10 million to a whistleblower who provided information and assistance that significantly contributed to a successful SEC enforcement action. The whistleblower provided important documents and met twice with Enforcement staff. The charges in the […]
The Securities and Exchange Commission today adopted amendments to Form N-PX to enhance the information mutual funds, exchange-traded funds, and certain other registered funds report about their proxy votes. The amendments will make these funds’ proxy… Read the Full Press Release Have a securities law question? Call New York Securities […]
The Securities and Exchange Commission today voted to propose amendments to better prepare open-end funds for stressed conditions and to mitigate dilution of shareholders’ interests. The rule and form amendments would enhance how funds manage their… Read the Full Press Release Have a securities law question? Call New York Securities […]
There is an excellent overview of the FTX collapse at MSNBC, at https://www.msnbc.com/opinion/msnbc-opinion/ftx-collapse-sam-bankman-frieds-crypto-rcna57263—– Visit The Securities Lawyer at www.securitieslawyer.us
The Securities and Exchange Commission today instituted administrative proceedings against American CryptoFed DAO LLC (American CryptoFed), a Wyoming-based organization, to determine whether a stop order should be issued to suspend the registration of… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544. […]
Nov. 4, 2022 — The Securities and Exchange Commission today announced charges against Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club, a fraudulent crypto Ponzi scheme that raised more than 82,000 bitcoin, valued at $295 million at the time, from […]
The Securities and Exchange Commission today named Keith E. Cassidy and Natasha Vij Greiner as Deputy Directors of the Division of Examinations. “Our examinations function plays an essential role as the eyes and ears on the ground for the Commission,”… Read the Full Press Release Have a securities law question? […]
