The Securities and Exchange Commission today proposed two rules that would require market participants, such as proprietary (or principal) trading firms, who assume certain dealer functions, in particular those who as act as liquidity providers in the… Read the Full Press Release Have a securities law question? Call New York […]
News
SEC Charges Seven California Residents in Insider Trading Ring Plus Criminal Charges for One
March 28, 2022 The Securities and Exchange Commission today announced insider trading charges against three software engineers employed at Twilio, Inc., a San Francisco-based cloud computing communications company, and four family members and friends for allegedly generating more than $1 million in collective profits by insider trading ahead of the […]
Women’s History Month Event: SEC to Host Free Virtual Financial Fraud Webinar
On March 29, 2022 at 7 p.m. ET the Securities and Exchange Commission’s New York Regional Office, in coordination with Alpha Kappa Alpha Sorority Inc., Tau Omega Chapter, will celebrate women’s history month with a free investor education panel… Read the Full Press Release Have a securities law question? Call […]
SEC Proposes Amendments to Remove References to Credit Ratings from Regulation M
The Securities and Exchange Commission today voted to propose changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M, a set of rules designed to preserve market… Read the Full Press Release Have a securities law question? […]
SEC Proposes Rules to Enhance and Standardize Climate-Related Disclosures for Investors
The Securities and Exchange Commission today proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
Dave A. Sanchez to Lead Office of Municipal Securities
The Securities and Exchange Commission today announced that Dave A. Sanchez will return to the SEC to serve as Director of the Office of Municipal Securities (OMS) effective April 11. Mr. Sanchez most recently advised municipal issuers, broker-dealers… Read the Full Press Release Have a securities law question? Call New […]
SEC’s 41st Annual Small Business Forum to Impact Capital Raising Policy
The Office of the Advocate for Small Business Capital Formation will host the Securities and Exchange Commission’s 41st Annual Government-Business Forum on Small Business Capital Formation over four virtual sessions April 4-7 from 1:00-2-30pm ET. Each… Read the Full Press Release Have a securities law question? Call New York Securities […]
SEC Charges Call Center Operators in $58 Million Penny Stock Scheme
The Securities and Exchange Commission today announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia, which used high pressure sales tactics and made false and misleading statements to retail investors… Read the Full Press Release Have a securities law question? Call New York Securities […]
Bitcoin: Definition, origin and risks
Bitcoin is a virtual ‘cryptocurrency’ traded much like real money. Bitcoin is a virtual currency known as a ‘cryptocurrency that can be traded between buyers and sellers much like “real” money is. One of the very first and most high-profile cryptocurrencies launched, Bitcoin is also the most well-known of this […]
Biden Signs Executive Order on Cryptocurrency
On March 9, President Biden signed an Executive Order (the Order) to establish the first comprehensive federal digital asset strategy for the U.S., which would promote digital asset innovation while balancing benefits and associated risks. The order directs the Justice Department, U.S. Department of the Treasury, the Board of Governors […]
