The Securities and Exchange Commission today charged Daryl F. Heller of Pennsylvania and his companies, Prestige Investment Group, LLC and Paramount Management Group, LLC, with operating a multi-year Ponzi scheme that resulted in investor losses of… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita & […]
Author: SECLaw Staff
SEC and CFTC Staff Issue Joint Statement On Trading Of Certain Spot Crypto Asset Products
Staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) today issued a Joint Statement regarding the trading of certain spot crypto asset products. This Joint Statement clarifies staff’s views that SEC-… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita […]
SEC Announces Agenda and Panelists for Roundtable on Trade-Through Prohibitions
The Securities and Exchange Commission today announced the agenda and panelists for its September 18, 2025 roundtable on trade-through prohibitions. The roundtable will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., from 9:15… SEC Press Release For more information, contact the securities lawyers at Sallah […]
SEC Names Judge Margaret Ryan as Director of the Division of Enforcement
The Securities and Exchange Commission announced that Judge Margaret “Meg” Ryan has been named Director of the Division of Enforcement, effective Sept. 2, 2025. Acting Director of Enforcement Sam Waldon will return to his previous role as Chief Counsel for the Division. From the Press Release: “I am thrilled […]
SEC Charges Water Machine Manufacturer and Portfolio Manager in $275 Million Fraud Scheme
$275 Million Fraud Case The U.S. Securities and Exchange Commission (SEC) has filed charges against Ryan Wear, founder of Water Station Management LLC and Creative Technologies, Inc., for orchestrating two Ponzi-like schemes that defrauded investors out of more than $275 million. Alongside Wear, portfolio manager Jordan Chirico faces charges for […]
SEC Launches New Statistics and Data Visualizations Webpage
SEC Unveils New Statistics and Data Visualizations Hub for Capital Markets The U.S. Securities and Exchange Commission (SEC) has rolled out a new online platform dedicated to delivering new statistics and data visualization page. The SEC believes that this initiative marks a significant step in enhancing transparency across U.S. capital markets, […]
SEC Issues Guidance on Liquid Staking and Crypto Regulation
What Is Liquid Staking in Cryptocurrency? On August 5, 2025, the U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued a statement clarifying how federal securities laws apply to liquid staking in crypto assets. This move provides investors and blockchain developers with much-needed guidance on a rapidly expanding […]
On the Road: SEC Crypto Task Force to Host a Series of Roundtables Across the U.S.
The Securities and Exchange Commission announced today that its Crypto Task Force will host a series of roundtables across the country to provide opportunities for additional stakeholders to meet with Commissioner Hester Peirce, who leads the Crypto Task… SEC Press Release For more information, contact the securities lawyers at Sallah […]
SEC Creates Task Force to Tap Artificial Intelligence for Enhanced Innovation and Efficiency Across the Agency
The Securities and Exchange Commission today announced the launch of a task force on artificial intelligence (AI) that will spearhead the agency’s efforts to enhance innovation and efficiency in its operations through the responsible use of AI. Valerie… SEC Press Release For more information, contact the securities lawyers at Sallah […]
SEC Permits In-Kind Creations and Redemptions for Crypto ETPs
The Securities and Exchange Commission today voted to approve orders to permit in-kind creations and redemptions by authorized participants for crypto asset exchange-traded product (ETP) shares. The orders approved today reflect a departure from… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita & Cox, at […]
