Sept. 29, 2020 —The Securities and Exchange Commission today announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for fraudulently engaging in manipulative trading of U.S. Treasury securities. J.P. Morgan Securities admitted the findings in the SEC’s order, and agreed to pay disgorgement of $10 […]
Other News
SEC Charges Swedish National with Global Scheme Defrauding Retail Investors, Including Deaf Community Members
The Securities and Exchange Commission today charged a Swedish national living in Thailand with conducting a multi-million dollar online offering fraud that victimized thousands of retail investors worldwide, including hundreds of investors from the Deaf… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Issues $1.8 Million Whistleblower Award to a Company Outsider
The Securities and Exchange Commission today announced an award of over $1.8 million to a company outsider, who expeditiously reported significant information to the Commission about ongoing securities law violations. “Today’s award marks a… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
Fiat Chrysler Agrees to Pay $9.5 Million Penalty for Disclosure Violations
The Securities and Exchange Commission today announced that Fiat Chrysler Automobiles N.V., a London-based public company that sells vehicles through its Michigan-based subsidiary, agreed to settle charges that it made misleading disclosures about an… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
SEC Staff to Host October 26 Roundtable on Regulation Best Interest and Form CRS
The Securities and Exchange Commission today announced October 26 as the date for its roundtable at which Commission staff and the Financial Industry Regulatory Authority (FINRA) will discuss initial observations on Regulation Best Interest and… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]
SEC Charges Amazon Finance Manager and Family With Insider Trading
The Securities and Exchange Commission today charged a former finance manager at Amazon.com Inc. and two family members with insider trading in advance of Amazon earnings announcements between January 2016 and July 2018. According to the SEC’s… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
SEC Proposes Rules to Extend Regulations ATS and SCI to Treasuries and Other Government Securities Markets
The Securities and Exchange Commission today announced a proposal to enhance the operational transparency, system integrity, and regulatory oversight for alternative trading systems (ATSs) that trade government securities as well as repurchase and… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]
SEC Charges Companies, Former Executives as Part of Risk-Based Initiative
The Securities and Exchange Commission today filed settled actions against two public companies for violations that resulted in the improper reporting of quarterly earnings per share (EPS) that met or exceeded analyst consensus estimates. The… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Issues Two Whistleblower Awards for High-Quality Information Regarding Overseas Conduct
The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of over $2.5 million. In the first order, a whistleblower was awarded over $1.8 million for taking both personal and professional risks in… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
SEC Charges Top Executive of California Microcap Company for Misleading Claims Concerning COVID-19 Test and Financial Statements
The Securities and Exchange Commission today charged Mark Schena, the President and Chief Science Officer of Arrayit Corporation, for making allegedly false and misleading statements concerning Arrayit’s development of a COVID-19 blood test and its… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
