Month: August 2023


SEC Enhances the Regulation of Private Fund Advisers

The Securities and Exchange Commission today adopted new rules and rule amendments to enhance the regulation of private fund advisers and update the existing compliance rule that applies to all investment advisers. The new rules and amendments are… Read the Full Press Release Have a securities law question? Call New […]

Ripple Wins SEC Suit

SEC lawyers learned ‘nothing’ from Ripple case

From While the cryptocurrency industry is waiting for the final outcome of the protracted court battle between Ripple and the United States Securities and Exchange Commission (SEC), legal expert and amicus curiae for the blockchain company John E. Deaton has criticized the regulator’s legal team. Indeed, Deaton accused […]

SEC Investment Advisor
Compliance Cryptocurrency Enforcement

Misleading Advertising and Compliance Failures: SEC Charges Titan Global Capital Management

The SEC has taken action against Titan Global Capital Management USA LLC, a FinTech investment adviser based in New York. The charges revolve around the company’s use of misleading hypothetical performance metrics in its advertisements. Additionally, Titan has been accused of multiple compliance failures that led to distorted disclosures concerning […]

New accredited investor definition

Inside the SEC Whistleblower Office

An insightful look into the workings of the SEC Whistleblower Program.  The Wall Street Journal presents an article that includes excerpts from an interview with Nicole Creola Kelly, who is the SEC’s head of its whistleblower program.   She addresses the criticism in recent years in both circuit courts and […]

Cryptocurrency Enforcement News

Settlement:Bittrex Settles Charges of Operating Unregistered Securities Exchange

Introduction: The SEC has announced a settlement involving Bittrex Inc., a prominent crypto asset trading platform, and its co-founder, William Shihara. The agreement pertains to charges of operating an unregistered national securities exchange, broker, and clearing agency. Bittrex Inc.’s foreign affiliate, Bittrex Global GmbH, is also included in the settlement, […]