The Securities and Exchange Commission is seeking candidates for appointment to the Small Business Capital Formation Advisory Committee to provide advice and recommendations on Commission rules, regulations, and policy matters relating to small… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
Other News
SEC Charges Avraham Eisenberg with Manipulating Mango Markets’ “Governance Token” to Steal $116 Million of Crypto Assets
The Securities and Exchange Commission today charged Avraham Eisenberg with orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token, a so-called governance token that was offered and sold as a security.… Read the Full Press Release Have a securities law question? Call New […]
What Is FINRA
FINRA is the Financial Industry Regulatory Association and is the successor to the National Association of Securities Dealers. FINRA is authorized by Congress to regulate and oversee the broker-dealer industry, ensuring that it operates fairly and honestly. It oversees over 4,000 brokerage firms and more than 600,000 brokers across the […]
Nexo Agrees to Pay $45 Million in Penalties and Cease Unregistered Offering of Crypto Asset Lending Product
The Securities and Exchange Commission today charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP). To settle the SEC’s charges, Nexo agreed to pay a $22.5… Read the Full Press Release Have a securities law […]
SEC Awards Approximately $18 Million to Three Whistleblowers
The Securities and Exchange Commission today announced three awards totaling approximately $18 million to three whistleblowers whose information and assistance led to a successful enforcement action. The first whistleblower provided the SEC with… Read the Full Press Release Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
SEC Awards More Than $5 Million to Whistleblower
Jan. 13, 2023 —The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action. The whistleblower provided a tip and additional information that helped SEC staff shape its investigative strategy, identify witnesses, and draft document […]
SEC Announces Departure of Renee Jones; Erik Gerding Named Director of Division of Corporation Finance
The Securities and Exchange Commission today announced that Renee Jones, Director of the Division of Corporation Finance, will depart the agency to return to her faculty position at Boston College Law School, effective Feb. 3, 2023. Erik Gerding,… Read the Full Press Release Have a securities law question? Call New […]
SEC Charges Genesis and Gemini for the Unregistered Offer and Sale of Crypto Asset Securities through the Gemini Earn Lending Program
The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. Through this… Read the Full Press Release Have a securities law question? Call New York […]
Paul Munter Named Chief Accountant
The Securities and Exchange Commission today announced that Paul Munter has been appointed Chief Accountant. He has served as Acting Chief Accountant since January 2021. As Chief Accountant, Mr. Munter will continue to lead the Office of the Chief… Read the Full Press Release Have a securities law question? Call […]
SEC Announces Appointment of Cristina Martin Firvida as Investor Advocate
The Securities and Exchange Commission today announced the appointment of Cristina Martin Firvida as Director of the Office of the Investor Advocate, effective Jan. 17, 2023. Ms. Martin Firvida was most recently the Vice President of Financial Security… Read the Full Press Release Have a securities law question? Call New […]
