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SEC Charges Seismic Data Company, Former Executives With $100 Million Accounting Fraud

The Securities and Exchange Commission today charged Houston-based seismic data company, SAExploration Holdings Inc. (SAE), and four former executives for a multi-year accounting fraud that falsely inflated the company’s revenue by approximately $100… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]

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SEC Names Nichola L. Timmons Chief of New Office of Bankruptcy, Collections, Distributions, and Receiverships

The Securities and Exchange Commission today announced that Nichola L. Timmons has been named Chief of the newly-formed Office of Bankruptcy, Collections, Distributions, and Receiverships in the Division of Enforcement. This new office will centralize… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]

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SEC to Hold National Compliance Outreach Seminar for Investment Companies and Investment Advisers Virtually

The Securities and Exchange Commission today announced that it has rescheduled its compliance outreach program’s national seminar for investment companies and investment advisers to Nov. 19, 2020. This program is intended to help Chief… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. from […]

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SEC Proposes Conditional Exemption for Finders Assisting Small Businesses with Capital Raising

The Securities and Exchange Commission today voted to propose a new limited, conditional exemption from broker registration requirements for “finders” who assist issuers with raising capital in private markets from accredited investors.  If adopted… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]

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SEC Staff Releases Report on U.S. Credit Market Interconnectedness and the Effects of the COVID-19 Economic Shock

The Securities and Exchange Commission today published a staff report titled U.S. Credit Markets: Interconnectedness and the Effects of the COVID-19 Economic Shock, which focuses on the origination, distribution and secondary market flow of… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. from […]

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SEC’s Messages for World Investor Week 2020

As World Investor Week (WIW) 2020 kicks off, the Securities and Exchange Commission today announced that staff will engage with Main Street investors to emphasize the importance of two particularly relevant investing topics−planning for life’s unexpected… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]