The Law of the Financial Markets from Top Securities Lawyers
Thursday, May 2, 2024
By: Mark J. Astarita, Esq. In the article linked below, the authors believe that the landscape of SEC enforcement is changing. According to this article, entities and individuals facing SEC actions are winning, or not losing as much. Of course, the examples in the article are purely anecdotal, and there […]
Introduction to the Stimwave Controversy On December 19, 2023, the SEC filed a complaint alleging a scheme by Laura Tyler Perryman, the ex-CEO and co-founder of Stimwave Technologies Inc. Perryman is accused of duping investors with false claims about a critical medical device, parts of which were fraudulently deemed functional. […]
The Securities and Exchange Commission today adopted rule changes to enhance risk management practices for central counterparties in the U.S. Treasury market and facilitate additional clearing of U.S. Treasury securities transactions. The rule changes… SEC Press Release
On Friday, the Securities and Exchange Commission asked a federal appeals court to reconsider a ruling that it said prevents the agency from clawing back ill-gotten gains in cases in which laws were violated but no victims were harmed. But that is the point of the Supreme Court decision in […]
SEO Title: Understanding the Evolving Accredited Investor Definition: A Comprehensive SEC Report Analysis Introduction to the SEC’s Review of Accredited Investors The SEC has released an in-depth staff report concerning the definition of an accredited investor. This action aligns with the Dodd-Frank Wall Street Reform and Consumer Protection Act mandates, […]
SEC‘s Emergency Action The U.S. Securities and Exchange Commission (SEC) has taken decisive action against a large-scale Ponzi scheme. They have obtained a temporary restraining order, asset freeze, and the appointment of a receiver to halt the operations of Agridime LLC and its owners, Josh Link and Jed Wood. Details […]
Overview of the SEC Enforcement Action The Securities and Exchange Commission (SEC) announced an enforcement action against Credit Suisse Securities (USA) LLC and its affiliates, collectively referred to as the Credit Suisse Entities. This action, resulting in a settlement exceeding $10 million, stems from the entities’ engagement in prohibited underwriting […]
The SEC has taken action against five unregistered brokers and four companies based in New Jersey and New York relating their alleged involvement in a widespread fraudulent scheme related to investments in pre-initial public offering companies (pre-IPO). According to the SEC the scheme has had far-reaching consequences, resulting in over […]
Washington D.C., Dec. 5, 2023 — In a move towards transparency and investor empowerment, the Securities and Exchange Commission’s Office of the Investor Advocate has released its comprehensive Report on Activities for the Fiscal Year 2023. This document not only outlines the Office’s accomplishments during the fiscal year but also […]
Washington D.C., Nov. 29, 2023 — The Securities and Exchange Commission (SEC) recently filed charges against ArciTerra Companies LLC, a Phoenix-based real estate investment firm, and its CEO, Jonathan M. Larmore. The allegations surround a complex, multi-year scheme to misappropriate over $35 million from investor funds managed by ArciTerra. Additionally, […]
