SEC to Resume Processing of Registration Applications From Swiss-Based Investment Advisers
Washington, D.C.--(Newsfile Corp. - June 10, 2025) - The Securities and Exchange Commission announced today that it will immediately resume processing new and pending registration applications of investment advisers with their principal office and place of business in Switzerland. This announcement follows successful discussions between staff from the SEC and the Swiss Financial Market Supervisory Authority (FINMA) regarding (1) the ability of FINMA-supervised, SEC-registered investment...
2025-06-10 9:37 AM EDT
SEC Solicits Public Comment on the Foreign Private Issuer Definition
Washington, D.C.--(Newsfile Corp. - June 4, 2025) - The Securities and Exchange Commission today published a concept release soliciting public comment on the definition of foreign private issuer. Foreign private issuers benefit from certain accommodations and exemptions from the disclosure and filing requirements of the federal securities laws. The concept release solicits public input on whether the definition of foreign private issuer should be amended in light of significant changes in the...
2025-06-04 2:42 PM EDT
Natalia Diez Riggin Named Senior Advisor and Director of Legislative and Intergovernmental Affairs
Washington, D.C.--(Newsfile Corp. - June 2, 2025) - The Securities and Exchange Commission today announced that Natalia Díez Riggin has been named Senior Advisor and Director of the agency’s Office of Legislative and Intergovernmental Affairs. Ms. Riggin has been serving as Acting Director since joining the SEC in January. “I’m pleased that Natalia will continue to lead this important office and serve as our primary liaison to Congress and other federal agencies as well as state governments,”...
2025-06-02 12:16 PM EDT
SEC Investor Advisory Committee to Examine Pass-Through Voting and Other Means of Reaching the Ultimate Beneficial Owner; Discuss Market Perspectives on Non-GAAP Financial Disclosures at June 5 Meeting
Washington, D.C.--(Newsfile Corp. - May 29, 2025) - The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting at the SEC Headquarters in Washington D.C. on June 5, 2025, at 10 a.m. ET. The meeting will also be webcast on the SEC website. The committee will host two panels: Engaging with Beneficial Owners: Exploring Pass-Through Voting and Other Means of Reaching the Ultimate Beneficial Owner; and Beyond the GAAP: Market Perspectives on Non-GAAP Financial...
2025-05-29 1:34 PM EDT
SEC Publishes Data on Regulation A, Crowdfunding Offerings, and Private Fund Beneficial Ownership Concentration
Washington, D.C.--(Newsfile Corp. - May 28, 2025) - The Securities and Exchange Commission’s Division of Economic and Risk Analysis has published three new reports that provide the public with information on capital formation and beneficial ownership of qualifying private funds. The first two papers—analyses of the Regulations A and Crowdfunding markets—provide valuable information on how capital is being raised in the United States particularly by smaller issuers. During the periods reviewed...
2025-05-28 2:40 PM EDT
SEC Announces Agenda, Panelists for Roundtable on Crypto DeFi
Washington, D.C.--(Newsfile Corp. - May 28, 2025) - The Securities and Exchange Commission’s Crypto Task Force has announced the agenda and panelists for its June 9 roundtable, “DeFi and the American Spirit.” “DeFi exemplifies the promise of crypto, as it allows people to interact without intermediaries,” said Commissioner Hester M. Peirce, head of the Crypto Task Force. “I look forward to learning from the panelists about how we can create a regulatory environment in which DeFi can thrive.”...
2025-05-28 1:13 PM EDT
SEC's Division of Investment Management to Host Third Annual Conference on Emerging Trends in Asset Management
Washington, D.C.--(Newsfile Corp. - May 27, 2025) - The Securities and Exchange Commission’s Division of Investment Management announced it will host the third annual Conference on Emerging Trends in Asset Management on Thursday, June 5, 2025. The conference will bring together a variety of asset management industry participants, regulators, and academics to discuss emerging trends in asset management. The full agenda, with a list of speakers, is available at the conference’s webpage....
2025-05-27 2:31 PM EDT
SEC Charges Former Real-Estate Investment CEO with Operating Multimillion Dollar Ponzi-Like Scheme
Washington, D.C.--(Newsfile Corp. - May 22, 2025) - The Securities and Exchange Commission today charged San Francisco Bay Area resident Kenneth Mattson, the former CEO of real estate investment business LeFever Mattson, with defrauding approximately 200 investors of at least $46 million by selling them fake interests in real estate investment limited partnerships. Many of these investors were retired senior citizens Mattson met through his church community. According to the SEC’s complaint,...
2025-05-22 4:41 PM EDT
Unicoin, Top Executives Charged in Offering Fraud That Raised More than $100 Million from Thousands of Investors
Washington, D.C.--(Newsfile Corp. - May 20, 2025) - The Securities and Exchange Commission today charged New York City-based Unicoin, Inc. and three of its top executives—CEO and Board Chairman Alex Konanykhin; Silvina Moschini, former president, former board chairwoman, and current board member; and former Chief Investment Officer Alex Dominguez—for false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin tokens...
2025-05-20 8:42 PM EDT
Katherine Reilly Named SEC Acting Inspector General
Washington, D.C.--(Newsfile Corp. - May 19, 2025) - The Securities and Exchange Commission today announced the appointment of Katherine Reilly as the agency’s Acting Inspector General. Ms. Reilly is currently serving as a Deputy Inspector General at the SEC. She replaces Deborah Jeffrey, who has served as the SEC’s Inspector General since 2023 and is retiring. “Our Inspector General’s office champions transparency and seeks to root out redundancy and overlap to ensure our agency is running as...
2025-05-19 7:57 PM EDT
SEC Announces Roundtable on Executive Compensation Disclosure Requirements
Washington, D.C.--(Newsfile Corp. - May 16, 2025) - The Securities and Exchange Commission announced today that it will host a roundtable on June 26, 2025, to discuss executive compensation disclosure requirements. SEC Chairman Paul S. Atkins issued a statement today regarding the roundtable, including questions for the staff to consider. Members of the public are also encouraged to provide their views on these questions, either in advance or after the roundtable. The roundtable will be open...
2025-05-16 11:30 AM EDT
SEC Announces Agenda, Panelists for Roundtable on Tokenization Plus Date Change for Roundtable on DeFi
Washington, D.C.--(Newsfile Corp. - May 5, 2025) - The Securities and Exchange Commission’s Crypto Task Force has announced the agenda and panelists for its May 12 roundtable, “Tokenization — Moving Assets Onchain: Where TradFi and DeFi Meet.” “Tokenization is a technological development that could substantially change many aspects of our financial markets,” said Commissioner Hester M. Peirce, leader of the Crypto Task Force. “I look forward to hearing ideas from our panelists on how the SEC...
2025-05-05 9:03 AM EDT
SEC Charges Three Texans with Defrauding Investors in $91 Million Ponzi Scheme
Washington, D.C.--(Newsfile Corp. - April 29, 2025) - The Securities and Exchange Commission today announced charges against Dallas-Fort Worth residents Kenneth W. Alexander II, Robert D. Welsh, and Caedrynn E. Conner for operating a Ponzi scheme that raised at least $91 million from more than 200 investors. According to the SEC’s complaint, between approximately May 2021 and February 2024, Alexander and Welsh operated the scheme through a trust controlled by Alexander called Vanguard...
2025-04-29 4:42 PM EDT
SEC Publishes New Market Data, Analysis, and Visualizations
Washington, D.C.--(Newsfile Corp. - April 28, 2025) - The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) has published new data and analysis on the key market areas of public issuers, exempt offerings, Commercial Mortgage-Backed Securities (CMBS), Asset-Backed Securities (ABS), money market funds, and security-based swap dealers (SBSD) in an effort to increase transparency and understanding of our capital markets amongst the public. “These reports reflect...
2025-04-28 2:29 PM EDT
SEC Charges PGI Global Founder with $198 Million Crypto Asset and Foreign Exchange Fraud Scheme
Washington, D.C.--(Newsfile Corp. - April 22, 2025) - The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investor funds. According to the SEC’s complaint, Palafox’s company, known as PGI Global, claimed to be a crypto asset and foreign exchange trading company. From January 2020 through October 2021, Palafox offered and sold...
2025-04-22 5:38 PM EDT
Paul S. Atkins Sworn In as SEC Chairman
Washington, D.C.--(Newsfile Corp. - April 21, 2025) - Paul S. Atkins was sworn into office today as the 34th Chairman of the Securities and Exchange Commission. Chairman Atkins was nominated by President Donald J. Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025. “I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Chairman Atkins. “As I return to the SEC, I am pleased to join with my fellow Commissioners...
2025-04-21 7:41 PM EDT
SEC Awards $6 Million to Joint Whistleblowers
Washington, D.C.--(Newsfile Corp. - April 21, 2025) - The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led to the opening of an examination and provided a roadmap for an enforcement action that resulted in the covered action. “Today’s award illustrates that the agency can leverage whistleblower information in various ways, including by prompting an examination,” said Jonathan Carr, Acting...
2025-04-21 2:09 PM EDT
SEC Small Business Advisory Committee to Explore Regulation A
Washington, D.C.--(Newsfile Corp. - April 17, 2025) - The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that its meeting on Tuesday, May 6, 2025, will focus on the practical market considerations and regulatory challenges of Regulation A. Members of the public can watch the live meeting via webcast on www.sec.gov. The meeting will begin with SEC staff giving an overview of Regulation A and how companies have used it to raise capital. The...
2025-04-17 11:01 AM EDT
SEC Announces Agenda, Panelists for Roundtable on Crypto Custody
Washington, D.C.--(Newsfile Corp. - April 16, 2025) - The Securities and Exchange Commission’s Crypto Task Force has announced the agenda and panelists for its April 25 roundtable, “Know Your Custodian: Key Considerations for Crypto Custody.” “It is important for the SEC to grapple with custody issues, which are some of the most challenging as we seek to integrate crypto assets into our regulatory structure,” said Commissioner Hester M. Peirce, leader of the Crypto Task Force. “We look...
2025-04-16 3:01 PM EDT
SEC Extends Effective and Compliance Dates for Amendments to Investment Company Reporting Requirements
Washington, D.C.--(Newsfile Corp. - April 16, 2025) - The Securities and Exchange Commission today announced a two-year extension of the effective and compliance dates for rule amendments adopted in August 2024 that require many types of registered funds to more frequently report portfolio-related information to the Commission and the public on Form N-PORT. The compliance date for larger fund groups is extended from Nov. 17, 2025, to Nov. 17, 2027, and the compliance date for smaller fund...
2025-04-16 2:14 PM EDT