The Securities and Exchange Commission today proposed amendments to the rule permitting certain investment advisers that provide investment advisory services through the internet to register with the Commission. The proposed amendments generally would… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544. […]
Author: SECLaw Staff
SEC Proposes New Requirements to Address Risks to Investors From Conflicts of Interest Associated With the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers
The Securities and Exchange Commission today proposed new rules that would require broker-dealers and investment advisers (collectively, “firms”) to take certain steps to address conflicts of interest associated with their use of predictive data… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at […]
SEC Adopts Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies
The Securities and Exchange Commission today adopted rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544. Sallah […]
SEC Charges Investor Joseph C. Lewis and Associates with Insider Trading
The Securities and Exchange Commission today charged investor Joseph C. Lewis for illegally tipping material nonpublic information to his then-girlfriend, Carolyn W. Carter, as well as his two private pilots, Patrick J. O’Connor and Bryan L. Waugh, so… Read the Full Press Release Have a securities law question? Call New […]
SEC Names Natasha Vij Greiner and Keith E. Cassidy Interim Acting Co-Directors of the Division of Examinations
The Securities and Exchange Commission today announced that Natasha Vij Greiner and Keith E. Cassidy have been named interim Acting Co-Directors of the Division of Examinations, effective immediately, while Division Director Richard Best is on extended… Read the Full Press Release Have a securities law question? Call New York Securities […]
SEC, NASAA, and Wisconsin DFI to host Investor Roundtable in Madison, Wisconsin on July 25
The Securities and Exchange Commission today announced that it will join the North American Securities Administrators Association (NASAA) and Wisconsin Department of Financial Institutions (DFI) for a Joint Public Roundtable at the DFI headquarters on… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers […]
SEC Charges Digital World SPAC for Material Misrepresentations to Investors
The Securities and Exchange Commission today announced settled fraud charges against Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), for making material misrepresentations in forms filed with the SEC as part of… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers […]
SEC Charges Twice-Convicted Fraudster Eliyahu Weinstein and Five Others with $38 Million Ponzi-Like Scheme to Defraud Investors
The Securities and Exchange Commission today charged six individuals with a multi-million dollar Ponzi-like fraud scheme orchestrated by criminal recidivist Eliyahu Weinstein of Lakewood, New Jersey. Along with Weinstein, the SEC charged Aryeh L.… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at […]
Judge Rules In Favor of Ripple, Declares XRP Not a Security…Sometimes
July 13, 2023 – In a landmark ruling, Judge Analisa Torres ruled that Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges, however she also found that selling XRP directly to investors did violate the law. In a significant development, the Securities and […]
JPMorgan Chase announces layoffs
July 12, 2023 – JPMorgan Chase revealed plans to terminate a number of positions in its Jersey City, New Jersey, branch. The planned layoffs are scheduled to occur in September, according to the notice. As the biggest U.S. lender, JPMorgan’s workforce totaled 296,877 at the close of the first quarter, […]
