The Securities and Exchange Commission today charged Israeli company Tradenet Capital Markets Ltd. for offering and selling security-based swaps to over 5,000 retail investors without registration and for failing to transact its swaps on a registered… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
Tag: SECLaw.com
SEC Issues Record $114 Million Whistleblower Award
he Securities and Exchange Commission today announced an award of over $114 million to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. The $114 million award consists of an approximately $52 million award in connection with the SEC case and an approximately […]
SEC Charges Goldman Sachs With FCPA Violations
The Securities and Exchange Commission today announced charges against The Goldman Sachs Group Inc. for violations of the Foreign Corrupt Practices Act (FCPA) in connection with the 1Malaysia Development Berhad (1MDB) bribe scheme, and as part of… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
At Joint Open Meeting, SEC and CFTC Approve Final Rule on Security Futures Margin and Request for Comment on Portfolio Margining
The Securities and Exchange Commission and the Commodity Futures Trading Commission, at their first joint open meeting to vote on rulemaking initiatives, today approved: (1) a joint final rule to harmonize the minimum margin level for security futures… Read the Full Press Release Have a securities law question? Call Sallah […]
SEC to Host Panel with Women Entrepreneurs of Color on Oct. 28
The Securities and Exchange Commission today announced it will host a virtual forum next week featuring women entrepreneurs and investors of color from Los Angeles and Atlanta discussing their business experiences and… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. from SECLaw.com
SEC Obtains Final Judgment Against Kik Interactive For Unregistered Offering
The Securities and Exchange Commission announced today that a federal district court has entered a final judgment on consent against Kik Interactive Inc. to resolve the SEC’s charges that Kik’s unregistered offering of digital “Kin” tokens in 2017… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
SEC Charges Seismic Data Company, Former Executives With $100 Million Accounting Fraud
The Securities and Exchange Commission today charged Houston-based seismic data company, SAExploration Holdings Inc. (SAE), and four former executives for a multi-year accounting fraud that falsely inflated the company’s revenue by approximately $100… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]
SEC Names Nichola L. Timmons Chief of New Office of Bankruptcy, Collections, Distributions, and Receiverships
The Securities and Exchange Commission today announced that Nichola L. Timmons has been named Chief of the newly-formed Office of Bankruptcy, Collections, Distributions, and Receiverships in the Division of Enforcement. This new office will centralize… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC to Hold National Compliance Outreach Seminar for Investment Companies and Investment Advisers Virtually
The Securities and Exchange Commission today announced that it has rescheduled its compliance outreach program’s national seminar for investment companies and investment advisers to Nov. 19, 2020. This program is intended to help Chief… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. from […]
SEC Proposes Conditional Exemption for Finders Assisting Small Businesses with Capital Raising
The Securities and Exchange Commission today voted to propose a new limited, conditional exemption from broker registration requirements for “finders” who assist issuers with raising capital in private markets from accredited investors. If adopted… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
