SEC Announces Agenda and Panelists for Roundtable on Preparations for 24-Hour Trading
Washington, D.C.--(Newsfile Corp. - September 1, 2026) - The Securities and Exchange Commission today announced the agenda and panelists for its Sept. 17, 2026, roundtable on preparations for 24-hour trading. The roundtable will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., from 10 a.m. – 4 p.m. ET. The event will be open to the public and webcast live on the SEC’s website. Doors will open at 9 a.m. ET. For in-person attendance, please visit the registration page....
2026-09-01 5:43 PM EDT
SEC Charges San Francisco Bay Area Private Fund Executives with Multimillion Dollar Ponzi-Like Scheme
Washington, D.C.--(Newsfile Corp. - September 1, 2026) - The Securities and Exchange Commission today charged Mark D. Hanf, the former CEO of Novato, California-based Pacific Private Money Group LLC (PPMG), and Hoai-Nam Chu Phan, the former COO of a PPMG subsidiary, with orchestrating an offering fraud that raised more than $80 million from approximately 190 mostly retail investors, many of whom were retired senior citizens. According to the SEC’s complaint, from approximately December 2021...
2026-09-01 4:49 PM EDT
SEC Proposes to Modernize Rules for Registered Transfer Agents
Washington, D.C.--(Newsfile Corp. - September 1, 2026) - The Securities and Exchange Commission today proposed to update the rules and forms that apply to registered transfer agents. Transfer agents are a key component of the national clearance and settlement system. Transfer agents now perform a more diverse array of functions and services that may not be adequately addressed by the Commission’s transfer agent rules, which have not been substantively updated since the first rules were...
2026-09-01 11:27 AM EDT
SEC and FDA Announce MOU to Bolster Cooperation and Ensure Market Integrity
Washington, D.C.--(Newsfile Corp. - August 31, 2026) - The Securities and Exchange Commission and the Food and Drug Administration today announced that they have entered into a Memorandum of Understanding (MOU) designed to assist the agencies in carrying out their respective missions of ensuring the integrity of the financial markets and protecting public health. The MOU establishes a framework for the agencies to enhance cooperation in their regulatory and enforcement responsibilities in...
2026-08-31 4:19 PM EDT
SEC Proposes Amendments to Exchange Act Rule 3a12-8 to Add European Union Debt Obligations
Washington, D.C.--(Newsfile Corp. - August 28, 2026) - The Securities and Exchange Commission today proposed amendments to Rule 3a12-8 under the Securities Exchange Act of 1934 to add the debt obligations of the European Union (EU) to the list of foreign government debt obligations designated as "exempted securities" solely for the purposes of futures marketing and trading. “For too long, gaps like this one—where the debt of several EU member states was covered but debt of the European Union...
2026-08-28 1:55 PM EDT
SEC: 38 Entities Feigned Legitimacy as U.S. Advisers Through False Filings to Lure Retail Investors
Washington, D.C.--(Newsfile Corp. - August 27, 2026) - The Securities and Exchange Commission today charged 38 entities alleging that they made material misrepresentations in Forms ADV filed with the Commission between 2025 and 2026 to falsely portray themselves as legitimate advisory firms to U.S. investors. The complaints also allege that the defendants, a number of whom used IP addresses that were tracked to foreign jurisdictions to connect to the Commission’s filing system, failed to...
2026-08-27 6:17 PM EDT
SEC Charges Former Executives With Fraud in Connection With $1.9 Billion Collapse of Subprime Auto Lender Tricolor
Washington, D.C.--(Newsfile Corp. - August 18, 2026) - The Securities and Exchange Commission today charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas-based Tricolor Holdings, LLC, for their roles in an alleged multi-year scheme to defraud investors by double pledging hundreds of millions of dollars of subprime auto loans to multiple asset-backed securities (ABS) offerings and lenders. According to the SEC’s...
2026-08-18 4:35 PM EDT
SEC Proposes New Regulation Crypto Assets
Washington, D.C.--(Newsfile Corp. - August 18, 2026) - The Securities and Exchange Commission today announced that it proposed new rules, titled “Regulation Crypto Assets,” that would create a clear and fit-for-purpose framework for certain investment contracts involving crypto assets. This proposal follows the Commission’s March 2026 interpretation clarifying how the federal securities laws apply to certain crypto assets and transactions involving crypto assets. Together, these efforts...
2026-08-18 2:46 PM EDT
SEC Charges Boiler Room Operator and Three Entities with Defrauding Retail Investors in $74 Million Pre-IPO Investment Scam
Washington, D.C.--(Newsfile Corp. - August 14, 2026) - The Securities and Exchange Commission today charged New York resident Andrew Spaventa and three entities he owned and controlled with fraud and other violations in connection with unregistered securities offerings of private funds that purportedly provided retail investors an opportunity to invest in shares of “pre-IPO” private companies while charging hidden fees. According to the SEC’s complaint, between approximately December 2020 and...
2026-08-14 5:12 PM EDT
SEC Charges Toms River Trio in Connection with Alleged $47 Million Fraud Targeting Orthodox Jewish Communities
Washington, D.C.--(Newsfile Corp. - August 13, 2026) - The Securities and Exchange Commission today charged three Toms River, New Jersey residents for their roles in an affinity investment fraud that misappropriated approximately $47 million from more than 87 investors, who were primarily members of Orthodox Jewish communities in New Jersey and New York. The SEC’s complaint, filed in federal court in the District of New Jersey, alleges that between approximately November 2019 and June 2023,...
2026-08-13 4:57 PM EDT
SEC Charges Private Fund Adviser Adit Ventures Management, Its CEO and Affiliated General Partners in Alleged Fraud
Washington, D.C.--(Newsfile Corp. - August 10, 2026) - The Securities and Exchange Commission today charged New York-based investment adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated general partners, Adit Ventures LLC; Adit Ventures II LLC; and Adit Ventures III LLC (the General Partners), for allegedly defrauding investors and client funds in connection with investments in pre-IPO shares, such as SpaceX and Klarna, including by misappropriating advisory client...
2026-08-10 4:16 PM EDT
SEC Establishes Financial Reporting and Accounting Unit in Enforcement Division
Washington, D.C.--(Newsfile Corp. - August 5, 2026) - The Securities and Exchange Commission today announced it is establishing a new specialized unit within the Division of Enforcement to provide the dedicated expertise, focus, and capacity to pursue accounting and financial reporting fraud cases as well as general misconduct in the accounting and auditing areas. The Financial Reporting and Accounting Unit will work in close collaboration with staff across all relevant SEC divisions and...
2026-08-05 3:39 PM EDT
SEC Announces Continuation of Small Business Advisory Committee Meeting
Washington, D.C.--(Newsfile Corp. - July 30, 2026) - The Securities and Exchange Commission announced that the Small Business Capital Formation Advisory Committee meeting held on July 21, 2026, will reconvene August 6, 2026, at 1 p.m. ET, virtually, on SEC.gov. The committee will continue its exploration into modernizing public market access and encouraging IPOs and small public company capital formation - including consideration of policy recommendations to reduce regulatory friction and...
2026-07-30 11:14 AM EDT
Small Business Forum's Report to Congress Highlights Recommendations to Improve Capital-Raising Policy
Washington, D.C.--(Newsfile Corp. - July 27, 2026) - The Securities and Exchange Commission released a report to Congress today highlighting policy recommendations from the SEC’s 45th Annual Government-Business Forum on Small Business Capital Formation. The report provides a summary of the forum proceedings, policy recommendations developed by participants for changes to the capital-raising framework, and the Commission’s responses to those recommendations. The forum took place on March 9,...
2026-07-27 5:13 PM EDT
SEC Announces Roundtable on Preparations for 24-Hour Trading
Washington, D.C.--(Newsfile Corp. - July 23, 2026) - The Securities and Exchange Commission announced today that it will host a roundtable on Sept. 17, 2026, to discuss moving towards 24-hour trading in the U.S. equity markets, including preparations to support overnight trading, operations and resiliency in a 24-hour market, and opportunities and challenges for expansion. “We are moving towards a new day – and night – in the U.S. equity markets,” said SEC Chairman Paul S. Atkins. “With the...
2026-07-23 12:14 PM EDT
SEC Announces Departure of Principal Deputy Director of Enforcement Sam Waldon
Washington, D.C.--(Newsfile Corp. - July 22, 2026) - The Securities and Exchange Commission today announced that Sam Waldon, Principal Deputy Director of the Division of Enforcement, will depart the agency on July 31, 2026, after more than 14 years at the SEC. He will be succeeded as Principal Deputy Director by Osman Nawaz, who previously served with the SEC from 2010-2024 before rejoining the agency last month. “Sam’s contributions to the SEC and the Division of Enforcement for over a...
2026-07-22 11:35 AM EDT
SEC Office of Municipal Securities Updates FAQs for Registration of Municipal Advisors
Washington, D.C.--(Newsfile Corp. - July 10, 2026) - The Securities and Exchange Commission’s Office of Municipal Securities today announced it has updated its Registration of Municipal Advisors FAQs webpage to offer more clarity on municipal advisor registration and recordkeeping requirements. The update offers more clarity to: Public-private partnership (P3) market participants that are considering whether their activities require registration as a municipal advisor; Form MA and MA-I filers...
2026-07-10 1:25 PM EDT
SEC to Host Virtual Roundtable on Modernizing IPOs and Expanding Access to Public Markets
Washington, D.C.--(Newsfile Corp. - July 8, 2026) - The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation and the Division of Corporation Finance will co-host a livestreamed discussion on Monday, July 13, 2026, at 2 p.m. to re-examine the IPO process and reassess the framework for how companies of all sizes access public capital. The event will bring together innovative practitioners and seasoned professionals to challenge conventional...
2026-07-08 3:49 PM EDT
SEC Small Business Advisory Committee to Explore Modernizing Market Access
Washington, D.C.--(Newsfile Corp. - July 8, 2026) - The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting on Tuesday, July 21, 2026 at 10 a.m. to explore ways to modernize public market access and encourage IPOs and small public company capital formation. The meeting will be open to the public and held at the SEC’s headquarters at 100 F Street, NE, Washington D.C. The discussion will be streamed live on SEC.gov....
2026-07-08 10:49 AM EDT
SEC Forms New Retail Fraud Working Group
Washington, D.C.--(Newsfile Corp. - July 7, 2026) - The Securities and Exchange Commission today announced the creation of the Retail Fraud Working Group designed to strengthen the Division of Enforcement’s efforts to identify and combat fraud targeting everyday investors. The Retail Fraud Working Group will leverage staff and resources across the Commission to identify fraud and other misconduct targeting retail investors, including offering frauds, pump-and-dump schemes, market...
2026-07-07 12:06 PM EDT