The SEC has charged Sabby Management and its managing partner with fraud in a scheme involving misrepresentations and rule violations for short selling. Learn more here.
Other News
Never Stop Learning: Protecting Your Investments and Future – SEC’s New Public Service Campaign
The SEC’s Office of Investor Education launched a public service campaign for older investors to continuously educate themselves on protecting their finances.
SEC Implements New Rules to Prevent Fraud and Manipulation in Security-Based Swaps
The US SEC has implemented new regulations to prevent fraud, manipulation, and deception in security-based swap transactions. This article explains the significance of the new rules and their implications for investors and reference entities, as well as the importance of protecting the independence and objectivity of chief compliance officers. The newly adopted antifraud and anti-manipulation rule will play a pivotal role in preventing misconduct, while the SEC’s publishing of the final rules in the Federal Register will give market participants sufficient time to comply.
SEC Adopts Amendments to Remove References to Credit Ratings From Regulation M
The Securities and Exchange Commission has removed and replaced references to credit ratings from existing exceptions provided in Rule 101 and Rule 102 of Regulation M. Find out more in the full press release. Need legal representation? Contact Sallah Astarita & Cox.
SEC Seeks Emergency Relief to Ensure Binance.US Customers’ Assets are Protected
The Securities and Exchange Commission has filed an emergency action against Binance, freezing assets and directing the repatriation of customer funds. Read more here. #SEC #cryptotrading
SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency
The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the… Read the Full Press Release Have a securities law question? Call New York Securities […]
SEC Files 13 Charges Against Binance Entities and Founder Changpeng Zhao
The Securities and Exchange Commission has charged Binance Holdings Ltd. and its U.S. affiliate for operating the world’s largest crypto asset trading platform. Learn more here. #SEC #Binance #cryptocurrency
Small Business Advisory Committee June Meeting to Focus on Capital Raising and Reducing Funding Gaps for Underrepresented Founders
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Wednesday, June 14. The Committee will start the morning session by hearing from its members about marketplace… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers […]
Former Wells Fargo Senior Executive Carrie Tolstedt Agress to Settle SEC Fraud Charges for Misleading Investors About Abusive Sales Practices to Inflate a Key Performance Metric
The Securities and Exchange Commission today announced its settlement with the former head of Wells Fargo & Co.’s Community Bank, Carrie L. Tolstedt, in which she has agreed to pay a $3 million penalty stemming from charges brought in 2020 for her… Read the Full Press Release Have a securities […]
Former Coinbase Manager and His Brother Agree to Settle Insider Trading Charges Relating to Crypto Asset Securities
The Securities and Exchange Commission today announced that former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, agreed to settle charges that they engaged in insider trading through a scheme to trade ahead of multiple announcements… Read the Full Press Release Have a securities law question? Call New […]
