The Securities and Exchange Commission today reopened the comment period on proposed rules under the Dodd-Frank Act requiring disclosure of information reflecting the relationship between executive compensation actually paid by a company and the company’… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers […]
Author: Mark J. Astarita
Remediation Helps Tech Company Avoid Penalties
The Securities and Exchange Commission today announced settled fraud charges without a penalty against HeadSpin, Inc., a private technology company that made significant remedial efforts in the wake of an internal investigation into misconduct by its now… Read the Full Press Release Have a securities law question? Call New York […]
SEC Proposes Amendments to Include Significant Treasury Markets Platforms Within Regulation ATS
The Securities and Exchange Commission today proposed rules to better protect investors and enhance cybersecurity by bringing more Alternative Trading Systems (ATS) that trade Treasuries and other government securities under the regulatory umbrella. The… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at […]
SEC Issues Awards Totaling More Than $40 Million to Four Whistleblowers
The Securities and Exchange Commission today announced three awards totaling more than $40 million to four whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued an award of… Read the Full Press Release Have a securities law question? Call New York […]
SEC Seeks Candidates for Investor Advisory Committee
The Securities and Exchange Commission is seeking candidates for appointment to the Investor Advisory Committee to help protect investors and improve securities regulations. The committee was established under the Dodd-Frank Wall Street Reform and… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544. […]
Earnings season is here
From CNN: https://www.cnn.com/2022/01/14/investing/premarket-stocks-trading/index.html Tech stocks have been plunging as Wall Street obsesses over the Federal Reserve’s next moves and how aggressively it will hike borrowing costs over the next 12 months to rein in inflation. But attention could soon shift elsewhere as corporate earnings season arrives, delivering a distraction from the economy […]
How Many FINRA Enforcement Lawyers Does It Take To Prosecute A Default Case?
Bill Singer posts about the overkill by FINRA Enforcement in obtaining a default order against an 89 year old registered representative who had been out of the business for 17 months. No one disputes FINRA’s need to sanction those who do not make timely disclosures on their CRD filings, but […]
SEC Issues Awards Totaling More Than $4 Million to Two Whistleblowers
The Securities and Exchange Commission today announced two awards totaling more than $4 million to whistleblowers who provided information and assistance in two separate covered actions. In the first order, the SEC issued an award of approximately $2.6… Read the Full Press Release Have a securities law question? Call New […]
Can The SEC Bring Criminal Charges?
While the SEC has extremely broad investigative and enforcement powers, it cannot file criminal charges. It can, and often does, work with the Department of Justice and the United States Attorney’s Office to bring those charges. The SEC and the DOJ often work together, with the SEC sending its more […]
SEC Awards Over $13 Million To Whistleblower
The Securities and Exchange Commission today announced an award of more than $13 million to a whistleblower whose information and assistance prompted the opening of an investigation and significantly contributed to the success of an SEC enforcement… Read the Full Press Release Have a securities law question? Call New York […]
