SEC Investor Advisory Committee to Host Panels to Discuss Reconsideration of the Eligibility Criteria and Regulatory Treatment of Foreign Private Issuers
Washington, D.C.--(Newsfile Corp. - September 11, 2025) - The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting at the SEC Headquarters in Washington D.C. on Sept. 18, 2025, at 10 a.m. ET. The meeting will also be webcast on the SEC website. The committee will host two panel discussions on reconsidering the eligibility criteria and regulatory treatment of foreign private issuers. The committee will also discuss a potential recommendation regarding...
2025-09-11 5:30 PM EDT
James Moloney Named Director of Division of Corporation Finance
Washington, D.C.--(Newsfile Corp. - September 10, 2025) - The Securities and Exchange Commission today announced that James J. Moloney, a longtime and highly respected legal counsel to public companies worldwide on corporate transactions and corporate governance issues, has been named Director of the agency’s Division of Corporation Finance, effective next month. Cicely LaMothe, who has served as Acting Director, will return to her role as a Deputy Director of the Division. Mr. Moloney...
2025-09-10 11:16 AM EDT
SEC Crypto Task Force to Host Roundtable on Financial Surveillance and Privacy
Washington, D.C.--(Newsfile Corp. - September 8, 2025) - The Securities and Exchange Commission’s Crypto Task Force announced today it will host a public roundtable on financial surveillance and privacy on Friday, October 17 from 1 p.m. to 4 p.m. at the SEC headquarters. Following the Spring Sprint Toward Crypto Clarity series of roundtables, the President’s Executive Order on Digital Assets, and the President’s Working Group on Digital Assets report, Commissioner Peirce directed the Crypto...
2025-09-08 3:31 PM EDT
SEC Announces Formation of Cross-Border Task Force to Combat Fraud
Washington, D.C.--(Newsfile Corp. - September 5, 2025) - The Securities and Exchange Commission today announced the formation of a task force that will strengthen and enhance the Division of Enforcement’s efforts to identify and combat cross-border fraud harming U.S. investors. The Cross-Border Task Force will focus initially on investigating potential U.S. federal securities law violations related to foreign-based companies, including potential market manipulation, such as “pump-and-dump"...
2025-09-05 1:52 PM EDT
SEC and CFTC Issue Joint Statement on Regulatory Harmonization Efforts; Will Co-Host Roundtable Sept. 29
Washington, D.C.--(Newsfile Corp. - September 5, 2025) - The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) today issued a joint statement on regulatory harmonization opportunities and announced a joint roundtable to be held on Sept. 29, 2025, from 1 p.m. to 5 p.m. “It is a new day at the SEC and the CFTC, and today we begin a long-awaited journey to provide markets the clarity they deserve,” said SEC Chairman Paul S. Atkins and CFTC Acting Chairman...
2025-09-05 9:15 AM EDT
SEC Charges Pennsylvania Resident and His Companies with $770 Million Ponzi Scheme
Washington, D.C.--(Newsfile Corp. - September 3, 2025) - The Securities and Exchange Commission today charged Daryl F. Heller of Pennsylvania and his companies, Prestige Investment Group, LLC and Paramount Management Group, LLC, with operating a multi-year Ponzi scheme that resulted in investor losses of approximately $400 million. According to the complaint, from January 2017 through June 2024, Heller and Prestige raised more than $770 million from approximately 2,700 investors, many of whom...
2025-09-03 3:58 PM EDT
SEC AND CFTC STAFF ISSUE JOINT STATEMENT ON TRADING OF CERTAIN SPOT CRYPTO ASSET PRODUCTS
Washington, D.C.--(Newsfile Corp. - September 2, 2025) - Staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) today issued a Joint Statement regarding the trading of certain spot crypto asset products. This Joint Statement clarifies staff’s views that SEC- and CFTC- registered exchanges are not prohibited from facilitating the trading of certain spot commodity products. The joint effort exemplifies how staff of the two agencies can...
2025-09-02 4:28 PM EDT
SEC Announces Agenda and Panelists for Roundtable on Trade-Through Prohibitions
Washington, D.C.--(Newsfile Corp. - August 27, 2025) - The Securities and Exchange Commission today announced the agenda and panelists for its September 18, 2025 roundtable on trade-through prohibitions. The roundtable will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., from 9:15 a.m. – 4:15 p.m. ET. The event will be open to the public and webcast live on the www.sec.gov. Doors will open at 8:00 a.m. ET. For in-person attendance, please register. Visitors will be...
2025-08-27 6:53 PM EDT
SEC Names Judge Margaret Ryan as Director of the Division of Enforcement
Washington, D.C.--(Newsfile Corp. - August 21, 2025) - The Securities and Exchange Commission today announced that Judge Margaret “Meg” Ryan has been named Director of the Division of Enforcement, effective Sept. 2, 2025. Acting Director of Enforcement Sam Waldon will return to his previous role as Chief Counsel for the Division. “I am thrilled to welcome Judge Ryan to the SEC,” said SEC Chairman Paul S. Atkins. “She brings to the Commission decades of experience as a respected judge and...
2025-08-21 3:03 PM EDT
Founder and Owner of Washington-Based Water Machine Manufacturer and Two Companies Charged in $275 Million Fraud Scheme
Washington, D.C.--(Newsfile Corp. - August 14, 2025) - The Securities and Exchange Commission today charged Ryan Wear, of Marysville, Washington, and his entities, Water Station Management LLC and Creative Technologies, Inc., for operating two related Ponzi-like schemes between September 2016 and February 2024 that raised more than $275 million from more than 250 investors. In a separate action, the SEC also charged portfolio manager Jordan Chirico, of Carmel, Indiana, for violating his...
2025-08-14 1:57 PM EDT
SEC Launches New Statistics and Data Visualizations Webpage
Washington, D.C.--(Newsfile Corp. - August 13, 2025) - Today, the Securities and Exchange Commission announced a new statistics and data visualization page that includes statistics and graphics on key elements of the capital markets, such as initial public offerings, exempt offerings, corporate bond offerings, reporting issuers, municipal advisors, transfer agents, and household participation in the capital markets. The webpage provides statistics presented in time series charts to show...
2025-08-13 10:33 AM EDT
Staff Issues FAQs to Help Broker-Dealers Implement Financial Responsibility Requirements Related to U.S. Treasury Clearing
Washington, D.C.--(Newsfile Corp. - August 6, 2025) - The Securities and Exchange Commission’s Division of Trading and Markets today issued answers to Frequently Asked Questions (FAQs) that broker-dealers have posed to the staff regarding rule amendments to the customer protection rule related to the clearing of U.S. Treasury securities. “The staff is committed to assisting broker-dealers and other market participants on the path to central clearing in the U.S. Treasury market,” said Jamie...
2025-08-06 10:10 AM EDT
Securities and Exchange Commission Division of Corporation Finance Issues Staff Statement on Certain Liquid Staking Activities
Washington, D.C.--(Newsfile Corp. - August 5, 2025) - The Securities and Exchange Commission’s Division of Corporation Finance today issued a statement regarding certain liquid staking activities. This statement aims to provide greater clarity on the application of federal securities laws to crypto assets, specifically addressing a type of protocol staking known as "liquid staking." Liquid staking refers to the process of staking crypto assets through a software protocol or service provider...
2025-08-05 1:19 PM EDT
SEC Creates Task Force to Tap Artificial Intelligence for Enhanced Innovation and Efficiency Across the Agency
Washington, D.C.--(Newsfile Corp. - August 1, 2025) - The Securities and Exchange Commission today announced the launch of a task force on artificial intelligence (AI) that will spearhead the agency’s efforts to enhance innovation and efficiency in its operations through the responsible use of AI. Valerie Szczepanik, who has been named the SEC’s Chief AI Officer, is leading the task force. Recognizing the transformative potential of AI, the SEC’s AI Task Force will accelerate AI integration...
2025-08-01 4:37 PM EDT
On the Road: SEC Crypto Task Force to Host a Series of Roundtables Across the U.S.
Washington, D.C.--(Newsfile Corp. - August 1, 2025) - The Securities and Exchange Commission announced today that its Crypto Task Force will host a series of roundtables across the country to provide opportunities for additional stakeholders to meet with Commissioner Hester Peirce, who leads the Crypto Task Force. “We want to hear from people who were not able to travel for the roundtables that took place this past spring in Washington, D.C. and may not have had a voice in past policymaking...
2025-08-01 12:36 PM EDT
SEC Permits In-Kind Creations and Redemptions for Crypto ETPs
Washington, D.C.--(Newsfile Corp. - July 29, 2025) - The Securities and Exchange Commission today voted to approve orders to permit in-kind creations and redemptions by authorized participants for crypto asset exchange-traded product (ETP) shares. The orders approved today reflect a departure from recently approved spot bitcoin and ether ETPs, which were limited to creations and redemptions on an in-cash basis. With today’s approval orders, bitcoin and ether ETPs, consistent with other...
2025-07-29 4:31 PM EDT
SEC Announces George Botic to Serve as Acting Chair of the Public Company Accounting Oversight Board
Washington, D.C.--(Newsfile Corp. - July 21, 2025) - The Securities and Exchange Commission announced today that it has designated George R. Botic to serve as Acting Chair of the Public Company Accounting Oversight Board, effective July 23, 2025. Current PCAOB Chair Erica Y. Williams has resigned from the Board, effective July 22, 2025. “I thank Erica Williams for her dedicated service on the Board, and I look forward to working with George Botic as Acting Chair,” said SEC Chairman Paul...
2025-07-21 5:29 PM EDT
SEC Announces Roundtable on Trade-Through Prohibitions
Washington, D.C.--(Newsfile Corp. - July 21, 2025) - The Securities and Exchange Commission announced today that it will host a roundtable on September 18, 2025, to discuss trade-through prohibitions in the National Market System (NMS) stock and listed options markets. “Reg NMS and its Rule 611 have not served investors or broker-dealers well, given the market distortion and resulting gamesmanship by those that seek to take advantage of the Reg NMS structure,” said Chairman Paul S. Atkins....
2025-07-21 5:05 PM EDT
SEC Charges Georgia-based First Liberty Building & Loan and its Owner for Operating a $140 Million Ponzi Scheme
Washington, D.C.--(Newsfile Corp. - July 10, 2025) - The Securities and Exchange Commission today announced that it filed charges seeking an asset freeze and other emergency relief against Newnan, Georgia-based First Liberty Building & Loan, LLC and its founder and owner Edwin Brant Frost IV in connection with a Ponzi scheme that defrauded approximately 300 investors of at least $140 million. According to the SEC’s complaint, from approximately 2014 through June 2025, First Liberty and Frost...
2025-07-10 7:01 PM EDT
SEC Small Business Advisory Committee to Discuss Regulatory Framework for Finders and Continue Exploring Regulation A
Washington, D.C.--(Newsfile Corp. - July 7, 2025) - The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting at the SEC Headquarters in Washington D.C on Tuesday, July 22, 2025 at 10 a.m. E.T. The meeting will be open to the public, in-person, as well as webcast on the SEC website, and will explore Regulation A and the topic of “finders,” persons who assist companies with limited capital-raising activities in private...
2025-07-07 10:08 AM EDT