The Law of the Financial Markets from Top Securities Lawyers
Monday, May 13, 2024
Marcum LLP Faces SEC Charges for Audit Quality Control Failures In a significant development, audit firm Marcum LLP has come under scrutiny by the Securities and Exchange Commission (SEC) for its systemic quality control failures and violations of audit standards. The charges are particularly related to its audit work for […]
The Securities and Exchange Commission today charged New York-based investment adviser Insight Venture Management LLC with charging excess management fees and failing to disclose a conflict of interest to investors relating to its fee calculations. To… Read the Full Press Release Have a securities law question? Call New York Securities […]
The Securities and Exchange Commission today reopened the comment period for its proposed rule for position reporting of large security-based swap positions that exceed certain thresholds, and the staff of the Commission’s Division of Economic and Risk… Read the Full Press Release Have a securities law question? Call New York […]
The Securities and Exchange Commission today announced settled charges against Stanley Black & Decker Inc., a publicly traded tools company, for failing to disclose perquisites it provided to certain executives. In addition, Jeffery D. Ansell, a… Read the Full Press Release Have a securities law question? Call New York Securities […]
The Securities and Exchange Commission today secured emergency relief in which the all the defendants in its litigation against Binance Holdings Limited, BAM Management US Holdings Inc., BAM Trading Services Inc., and Changpeng Zhao agreed to repatriate… Read the Full Press Release Have a securities law question? Call New York […]
The Securities and Exchange Commission today announced that registered investment adviser Pacific Investment Management Company LLC (PIMCO) will pay $9 million to settle two enforcement actions relating to disclosure and policies and procedures… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544. […]
The SEC has charged Sabby Management and its managing partner with fraud in a scheme involving misrepresentations and rule violations for short selling. Learn more here.
The SEC‘s Office of Investor Education launched a public service campaign for older investors to continuously educate themselves on protecting their finances.
The US SEC has implemented new regulations to prevent fraud, manipulation, and deception in security-based swap transactions. This article explains the significance of the new rules and their implications for investors and reference entities, as well as the importance of protecting the independence and objectivity of chief compliance officers. The newly adopted antifraud and anti-manipulation rule will play a pivotal role in preventing misconduct, while the SEC’s publishing of the final rules in the Federal Register will give market participants sufficient time to comply.
The Securities and Exchange Commission has removed and replaced references to credit ratings from existing exceptions provided in Rule 101 and Rule 102 of Regulation M. Find out more in the full press release. Need legal representation? Contact Sallah Astarita & Cox.
