Jon Kroeper Named Deputy Director of the Division of Trading and Markets
Washington, D.C.--(Newsfile Corp. - September 24, 2025) - The Securities and Exchange Commission today announced that Jon Kroeper has been named deputy director of the agency’s Division of Trading and Markets, effective Sept. 29. Mr. Kroeper twice served at the SEC before joining the Financial Industry Regulatory Authority (FINRA), where he worked from 2007 to 2024 as executive vice president in the market regulation department. He led a team of more than 280 analysts, investigators, and...
2025-09-24 11:04 AM EDT
Small Business Forum Report to Congress Highlights Recommendations to Improve Capital Raising
Washington, D.C.--(Newsfile Corp. - September 22, 2025) - The Securities and Exchange Commission released a report to Congress summarizing policy recommendations made during the SEC’s 44th Annual Small Business Forum. The report provides a summary of the forum proceedings, recommendations developed by participants for changes to the capital raising framework, and the Commission’s responses to those recommendations. The forum took place on April 10, 2025, and featured speakers with a breadth...
2025-09-22 3:11 PM EDT
SEC Approves Generic Listing Standards for Commodity-Based Trust Shares
Washington, D.C.--(Newsfile Corp. - September 17, 2025) - The Securities and Exchange Commission today voted to approve proposed rule changes by three national securities exchanges to adopt generic listing standards for exchange-traded products that hold spot commodities, including digital assets. As a result, the exchanges may list and trade Commodity-Based Trust Shares that meet the requirements of the approved generic listing standards without first submitting a proposed rule change to the...
2025-09-17 6:05 PM EDT
SEC Issues Policy Statement Clarifying that Mandatory Arbitration Provisions Will Not Affect Effectiveness of Registration Statements
Washington, D.C.--(Newsfile Corp. - September 17, 2025) - The Securities and Exchange Commission today published a policy statement to announce that decisions about whether to accelerate the effectiveness of a registration statement will not be affected by the presence of a provision requiring arbitration of investor claims arising under the federal securities laws. “As an agency that trumpets the importance of disclosure and transparency, the Commission’s lack of a recent public position on...
2025-09-17 4:59 PM EDT
SEC and CFTC Extend Form PF Compliance Date to Oct. 1, 2026
Washington, D.C.--(Newsfile Corp. - September 17, 2025) - The Securities and Exchange Commission and U.S. Commodity Futures Trading Commission each voted to further extend the date for investment advisers to comply with amendments to Form PF, the confidential reporting form used by certain private fund advisers. The Commissions extended the compliance date to Oct. 1, 2026. The Form PF amendments were adopted in February 2024 and the original compliance date was March 12, 2025. The compliance...
2025-09-17 1:38 PM EDT
SEC to Host Webinar for Large Firms on Regulation S-P
Washington, D.C.--(Newsfile Corp. - September 16, 2025) - The Securities and Exchange Commission today announced it will hold a series of three compliance outreach events regarding the 2024 adoption of amendments to Regulation S-P. The first event, for large firms, is a webinar scheduled for Sept. 25 from 1 p.m. to 2 p.m. ET. The other two events, for transfer agents and small firms, will be announced at a later date. The Regulation S-P compliance outreach events will be tailored for each...
2025-09-16 4:06 PM EDT
SEC Announces Four New Members of Investor Advisory Committee
Washington, D.C.--(Newsfile Corp. - September 16, 2025) - The Securities and Exchange Commission today announced four new members to fill vacancies on its Investor Advisory Committee. The new members, who will serve four-year terms, join 16 current committee members. The committee, established pursuant to Section 39 of the Securities Exchange Act of 1934, advises the Commission on regulatory priorities and initiatives to protect investors and promote the integrity of the U.S. securities...
2025-09-16 8:54 AM EDT
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