The Securities and Exchange Commission today announced that Kimberly Hamm, Chief Counsel to the Chairman, will conclude her tenure at the agency in the coming weeks. Ms. Hamm joined the SEC in April 2019 and was named Chief Counsel to Chairman Jay… Read the Full Press Release Have a securities […]
Other News
Stocks This Week: Sell Short General Dynamics And Transocean
Here are a pair of short recommendations for this coming holiday-shortened week. * This article was originally published at The Securities Law B
SEC Awards Nearly $600,000 to Whistleblower
The Securities and Exchange Commission today announced an award of nearly $600,000 to a whistleblower whose tip led to the success of an enforcement action. The whistleblower substantially contributed to an open investigation by providing detailed and highly valuable information resulting in critical investigative leads. “The whistleblower met with staff […]
Elon Musk Falls To World’s Second Richest Person
Just $200 million separates Jeff Bezos and Musk’s respective fortunes.
Acting Enforcement Director Marc P. Berger to Depart the Commission
The Securities and Exchange Commission today announced that Marc P. Berger, Acting Director of the Division of Enforcement, will conclude his tenure at the agency this month. Mr. Berger joined the Commission as Director of the New York Regional Office in… Read the Full Press Release Have a securities law […]
The Retirement-Ready 6.4% Dividend Your Friends Have No Clue About
The Retirement-Ready 6.4% Dividend Your Friends Have No Clue About Let’s look at how CEF investors can grab a healthy 6%+ dividend in this zero-rate world and dodge every retiree’s nightmare. https://www.forbes.com/sites/michaelfoster/2021/01/09/the-retirement-ready-64-dividend-your-friends-have-no-clue-about/ * This article was originally published at The Securities Law B
Three New Whistleblower awards for $1.1 Million
The SEC has announced awards totaling more than $1.1 million to five whistleblowers who provided high-quality information that led to successful enforcement actions. In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions. The first whistleblower provided information that prompted the opening […]
$119 Million Securities Fraud Targeting South Asian American Community
The Securities and Exchange Commission today announced that it filed an emergency action against California-based real estate development company SiliconSage Builders LLC, aka Silicon Sage Builders, and its sole owner, Sanjeev Acharya, in connection with an alleged $119 million fraudulent offering. According to the SEC’s complaint, Silicon Sage Builders and […]
Biotech Company and CEO Charged With COVID-19 Testing Fraud
photo credit: Tim Reckmann Corona Impfung via photopin (license) The SEC announced charges against California-based biotechnology company Decision Diagnostics Corp. and its CEO, Keith Berman, with making false and misleading claims in numerous press releases that the company had laims in numerous press releases that the company had developed a […]
SEC Issues Multiple Whistleblower Awards Totaling Over $3.6 Million
The Securities and Exchange Commission today announced whistleblower awards in connection with three separate enforcement actions totaling over $3.6 million. In the first order, where the whistleblower was represented by Sallah Astarita & Cox, LLC, the SEC awarded a whistleblower over $1.8 million for providing significant information about a fraudulent […]
