The Securities and Exchange Commission today announced an award of over $28 million to a whistleblower who provided significant information that aided the SEC in bringing a successful enforcement action. The whistleblower internally reported… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
Tag: SECLaw.com
SEC Division of Enforcement Publishes Annual Report for Fiscal Year 2020
The Securities and Exchange Commission’s Division of Enforcement issued its annual report for fiscal year 2020 today. The report provides a comprehensive view of the Division’s accomplishments over the past year, discusses significant actions and… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
SEC Harmonizes and Improves “Patchwork” Exempt Offering Framework
The Securities and Exchange Commission today voted to amend its rules in order to harmonize, simplify, and improve the multilayer and overly complex exempt offering framework. These amendments will promote capital formation and expand investment… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Issues Agenda for Nov. 5 Special Meeting of the Asset Management Advisory Committee
The Securities and Exchange Commission today released the agenda for the Nov. 5, 2020, special meeting of the Asset Management Advisory Committee (AMAC). AMAC was formed to provide the Commission with diverse perspectives on asset management… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
Raquel Fox, Director of the Office of International Affairs, to Depart SEC
The Securities and Exchange Commission today announced that Raquel Fox, Director of the Office of International Affairs, will leave the agency in November. The Office of International Affairs (OIA) advises the Commission on cross-border regulatory,… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Awards Over $10 Million to Whistleblower
The Securities and Exchange Commission today announced an award of over $10 million to a whistleblower whose information prompted the opening of an investigation and provided substantial, ongoing assistance to SEC staff throughout the investigation.… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Adopts Modernized Regulatory Framework for Derivatives Use by Registered Funds and Business Development Companies
The Securities and Exchange Commission today voted to enhance the regulatory framework for derivatives use by registered investment companies, including mutual funds (other than money market funds), exchange-traded funds (ETFs) and closed-end funds, as… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
SEC Charges Day-Trading Education Firm for Unregistered Security-Based Swap Transactions
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 & […]
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 […]
