The Securities and Exchange Commission today announced settled charges against five registered investment advisers for Marketing Rule violations. All five firms have agreed to settle the SEC’s charges and to pay $200,000 in combined penalties. The five… SEC Press Release
Enforcement
Register for the SEC’s 43rd Annual Small Business Forum April 16-18
The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation will host the SEC’s 43rd Annual Government-Business Forum on Small Business Capital Formation during three virtual sessions April 16-18 from 1-2:30 p.m.… SEC Press Release
Senvest Management: Navigating Compliance Challenges and Enhancing Ethics in Investment Advisory
The role of registered investment advisers is paramount in the realm of financial oversight and regulatory compliance. Among the myriad challenges these entities face, maintaining rigorous adherence to recordkeeping and ethical standards is perhaps the most pivotal. This is exemplified in the recent case involving Senvest Management LLC, a notable […]
SEC Encourages Investors to Plan for Their Financial Future During Financial Capability Month
The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today announced that its theme for April’s National Financial Capability Month is, “What does your financial future look like? Having a plan can help answer the… SEC Press Release
SEC Attempts to Expand Insider Trading Liability
They continue to attempt to expand insider trading prohibitions and to do so by bringing lawsuits based on new theories rather than by legislation. The SEC’s lawsuit against Matthew Panuwat, a former executive at Medivation Inc., centers on allegations of insider trading termed “shadow trading.” This case, unfolding in San […]
SEC Adopts Reforms Relating to Investment Advisers Operating Exclusively Through the Internet
On March 27, 2024, the Securities and Exchange Commission (SEC) unveiled a set of amendments to internet-based investment advisers’ rules. These changes mark a significant shift in how digital advisory services operate, ensuring that they leverage modern technology to enhance investor protection and regulatory oversight. A Leap Forward for Internet […]
SEC Charges Former Arista Networks Chairman Andy Bechtolsheim with Insider Trading
The Securities and Exchange Commission today announced insider trading charges against Andreas “Andy” Bechtolsheim, the founder and Chief Architect of Silicon Valley-based technology company Arista Networks, Inc. To settle the SEC’s charges, Bechtolsheim… SEC Press Release
SEC Seeks Candidates for Investor Advisory Committee
The Securities and Exchange Commission is seeking five 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… SEC Press Release
Genesis Agrees to Pay $21 Million Penalty to Settle SEC Charges
Genesis Global Capital Fined $21 Million for Unregistered Crypto Lending Genesis Global Capital, LLC has been hit with a hefty $21 million civil penalty by the Securities and Exchange Commission (SEC). This comes as a settlement to charges that Genesis was involved in the unregistered offering and sale of securities […]
SEC, NASAA, and Georgia Secretary of State to Host Investor Roundtables at University of North Georgia and Dalton State College
The Securities and Exchange Commission today announced that it will join the North American Securities Administrators Association (NASAA), the Georgia Secretary of State, the University of North Georgia, and Dalton State College to host joint public… SEC Press Release
