Newsfile SEC Press Digest

Recent News

  • SEC Charges 18 Traders in $31 Million Stock Manipulation Scheme

    Washington, D.C.--(Newsfile Corp. - October 16, 2019) - The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against 18 traders in a scheme to manipulate more than 3,000 U.S.-listed securities for over $31 million in illicit profits.The SEC alleges that the traders, who are primarily ...

    2019-10-16 4:13 PM ET
  • SEC Promotes Teacher Investment Outreach

    Washington, D.C.--(Newsfile Corp. - October 15, 2019) - The Securities and Exchange Commission today announced several teacher investment outreach efforts in connection with its Teachers Initiative.  These initiatives include the launch of a podcast series for public school educators, nationwide events for teachers, and the RISE 2.0 of California summit in ...

    2019-10-15 2:53 PM ET
  • Supervisor Charged for Role in Brokerage Firm's Improper Handling of ADRs

    Washington, D.C.--(Newsfile Corp. - October 15, 2019) - The Securities and Exchange Commission today announced that Domenick Migliorato, a former supervisor of the securities lending desk at Industrial and Commercial Bank of China Financial Services LLC (ICBCFS), has agreed to settle charges for his supervisory failures involving the improper handling ...

    2019-10-15 1:41 PM ET
  • Robert Burson, Associate Regional Director of Chicago Office, to Retire From the SEC After 29 Years of Service

    Washington, D.C.--(Newsfile Corp. - October 15, 2019) - The Securities and Exchange Commission today announced that Robert Burson, an Associate Regional Director of Enforcement in the Chicago Regional Office, is retiring after 29 years at the agency, all in the Chicago office.Mr. Burson, who is departing at the end of this ...

    2019-10-15 11:39 AM ET
  • SEC Halts Alleged $1.7 Billion Unregistered Digital Token Offering

    Washington, D.C.--(Newsfile Corp. - October 11, 2019) - The Securities and Exchange Commission today announced that it has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged unregistered, ongoing digital token offering in the U.S. and overseas that has raised more than $1.7 ...

    2019-10-11 5:04 PM ET
  • SEC Appoints Rebekah Goshorn Jurata to PCAOB; Announces Commissioner Hester Peirce to Lead Commission's Coordination Efforts With PCAOB

    Washington, D.C.--(Newsfile Corp. - October 11, 2019) - The Securities and Exchange Commission today announced the appointment of Rebekah Goshorn Jurata as a Board member of the Public Company Accounting Oversight Board (PCAOB) for a term ending October 24, 2024.The Sarbanes-Oxley Act of 2002 established the PCAOB to oversee the ...

    2019-10-11 4:21 PM ET
  • PCAOB Board Member Kathleen Hamm to Complete Term

    Washington, D.C.--(Newsfile Corp. - October 11, 2019) - The Securities and Exchange Commission today announced that Kathleen M. Hamm will leave the Public Company Accounting Oversight Board (PCAOB) after completing her term as a Board member. Ms. Hamm’s term began in January 2018 and expires later this month.“I would like to thank Kathleen ...

    2019-10-11 3:41 PM ET
  • SEC Educational Videos Aim to Help Investors Spot and Avoid Fraud

    Washington, D.C.--(Newsfile Corp. - October 11, 2019) - The SEC’s Office of Investor Education and Advocacy and Retail Strategy Task Force this week released new videos and Investor Alerts to help show investors what fraud looks like. Fraudsters will use every gimmick they can think of to get their hands ...

    2019-10-11 12:33 PM ET