The Securities and Exchange Commission today announced six new members to fill vacancies on its Investor Advisory Committee. The new members, who will serve four-year terms, join 17 current committee members. The committee, established under the Dodd-… SEC Press Release
Tag: finra lawyer
SEC Charges Nine Investment Advisers in Ongoing Sweep into Marketing Rule Violations
The Securities and Exchange Commission today announced settled charges against nine registered investment advisers for violating the Marketing Rule by disseminating advertisements that included untrue or unsubstantiated statements of material fact or… SEC Press Release
SEC Charges Esmark Inc. and Chairman James Bouchard with Announcing False Tender Offer to Purchase U.S. Steel Corp.
The Securities and Exchange Commission today announced settled charges against Esmark Inc. and its founder, chairman, and former CEO, James P. Bouchard, for publicly announcing a tender offer to purchase U.S. Steel Corporation for $35 per share even… SEC Press Release
SEC Charges Crypto-Focused Advisory Firm Galois Capital for Custody Failures
The Securities and Exchange Commission today announced settled charges against Florida-based Galois Capital Management LLC, a former registered investment adviser for a private fund that primarily invested in crypto assets, for failing to comply with… SEC Press Release
SEC Charges Former Finance Director at CIRCOR International with Accounting Fraud
The Securities and Exchange Commission today announced fraud charges against Nicholas Bowerman, a former finance director of CIRCOR International Inc., a formerly publicly traded technology manufacturer. The SEC alleges that Bowerman’s fraud led to the… SEC Press Release
SEC Charges Creative Legal Fundings CEO Maria Dickerson with Operating Multimillion Dollar Ponzi Scheme that Targeted Filipino-American Community
The Securities and Exchange Commission today charged Maria Dulce Pino Dickerson and her companies Creative Legal Fundings in CA and The Ubiquity Group LLC with raising approximately $7 million from more than 130 investors through a fraudulent securities… SEC Press Release
SEC Adopts Reporting Enhancements for Registered Investment Companies and Provides Guidance on Open-End Fund Liquidity Risk Management Programs
The Securities and Exchange Commission today adopted amendments to reporting requirements on Form N-PORT to provide the Commission and investors with more timely information about certain registered investment companies (funds). Form N-PORT reports… SEC Press Release
SEC Charges Brothers Jonathan and Tanner Adam with $60 Million Ponzi Scheme
The Securities and Exchange Commission today announced that it obtained emergency asset freezes against Jonathan Adam, a resident of Angleton, Texas, and his brother, Tanner Adam, a resident of Miami, Florida, and against their respective entities, GCZ… SEC Press Release
SEC Charges Abra with Unregistered Offers and Sales of Crypto Asset Securities
The Securities and Exchange Commission today filed settled charges against Plutus Lending LLC, which does business as Abra, for failing to register the offers and sales of its retail crypto asset lending product, Abra Earn. The SEC also charged Abra with… SEC Press Release
SEC Charges Agent Equiniti Trust Co. with Failing to Protect Client Funds Against Cyber Intrusions
Protecting Client Securities and Funds in the Digital Age The Securities and Exchange Commission (SEC) has settled charges against Equiniti Trust Company LLC, formerly known as American Stock Transfer & Trust Company LLC, for failing to safeguard client securities and funds against theft or misuse. This negligence led to a […]
