Regulatory Announcements

Washington, D.C.--(Newsfile Corp. - January 25, 2023) - The Securities and Exchange Commission today announced that Silvestre A. Fontes has been named Regional Director of the Boston office, starting next week.John Dugan and Kevin Kelcourse, who have served as Acting...
Banking/Financial Services
2023-01-25 1:14 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 25, 2023) - The Securities and Exchange Commission today proposed a rule to implement Section 27B of the Securities Act of 1933, a provision added by Section 621 of the Dodd-Frank Act. The rule is...
Banking/Financial Services
2023-01-25 11:26 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 24, 2023) - The Securities and Exchange Commission today announced an award of more than $28 million to joint whistleblowers who provided critical information and assistance in an SEC enforcement action.The joint whistleblowers’ detailed information...
Banking/Financial Services
2023-01-24 11:09 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 23, 2023) - The Securities and Exchange Commission today announced that, starting on February 27, 2023, the fee rates applicable to most securities transactions will be set at $8.00 per million dollars. Consequently, each self-regulatory organization...
Banking/Financial Services
2023-01-23 12:02 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 23, 2023) - The Securities and Exchange Commission today announced settled charges against Bloomberg Finance L.P. (Bloomberg) for misleading disclosures relating to its paid subscription service, BVAL, which provides daily price valuations for fixed-income securities...
Banking/Financial Services
2023-01-23 10:23 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 20, 2023) - The Securities and Exchange Commission today charged Avraham Eisenberg with orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token, a so-called governance token that was offered and sold as a security. Investigations into other securities...
Banking/Financial Services
2023-01-20 2:57 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 19, 2023) - The Securities and Exchange Commission today charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP). To settle the SEC’s charges, Nexo agreed to pay a $22.5 million...
Banking/Financial Services
2023-01-19 5:10 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 19, 2023) - The Securities and Exchange Commission today announced three awards totaling approximately $18 million to three whistleblowers whose information and assistance led to a successful enforcement action.The first whistleblower provided the SEC with...
Banking/Financial Services
2023-01-19 11:13 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 13, 2023) - The Securities and Exchange Commission today announced that Renee Jones, Director of the Division of Corporation Finance, will depart the agency to return to her faculty position at Boston College Law School,...
Banking/Financial Services
2023-01-13 11:52 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 13, 2023) - The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action. The whistleblower provided a tip and additional...
Banking/Financial Services
2023-01-13 10:06 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 12, 2023) - The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. Through this unregistered offering, Genesis and Gemini...
Banking/Financial Services
2023-01-12 5:10 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 10, 2023) - The Securities and Exchange Commission today announced the appointment of Cristina Martin Firvida as Director of the Office of the Investor Advocate, effective Jan. 17, 2023. Ms. Martin Firvida was most recently...
Banking/Financial Services
2023-01-10 11:08 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 9, 2023) - The Securities and Exchange Commission today charged Stephen J. Easterbrook, former CEO of McDonald’s Corporation, with making false and misleading statements to investors about the circumstances leading to his termination in November...
Banking/Financial Services
2023-01-09 9:10 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 5, 2023) - The Securities and Exchange Commission today charged Randy Robertson, a former BlackRock Advisors, LLC portfolio manager, for failing to disclose a conflict of interest arising from his relationship with a film distribution...
Banking/Financial Services
2023-01-05 2:10 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 4, 2023) - The Securities and Exchange Commission today charged Neil Chandran, Garry Davidson, Michael Glaspie, Amy Mossel, Linda Knott, AEO Publishing Inc, Banner Co-Op, Inc, and BannersGo, LLC for their involvement in a fraudulent investment scheme named CoinDeal that raised more than $45 million...
Banking/Financial Services
2023-01-04 4:40 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - January 3, 2023) - The Securities and Exchange Commission today announced fraud charges against Cooper J. Morgenthau, the former CFO of African Gold Acquisition Corp., a SPAC or special purpose acquisition company, for orchestrating a scheme in which he stole more than $5 million from the...
Banking/Financial Services
2023-01-03 4:31 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - December 27, 2022) - The Securities and Exchange Commission today announced that former federal prosecutor Antonia M. Apps will become Regional Director of the New York Regional Office next month. Thomas Smith and Maurya Keating, who have served as Acting Co-Directors, remain as Associate Regional Directors...
Banking/Financial Services
2022-12-27 12:54 PM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - December 23, 2022) - The Securities and Exchange Commission today voted to approve the 2023 budget of the Public Company Accounting Oversight Board (PCAOB) and the related annual accounting support fee.“The PCAOB plays a critical role to ensure that investors can trust a company’s financial disclosures,”...
Banking/Financial Services
2022-12-23 10:24 AM EST | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - December 22, 2022) - The Securities and Exchange Commission today announced that General Counsel Dan Berkovitz will depart the agency, effective Jan. 31, 2023. Megan Barbero, currently SEC Principal Deputy General Counsel, will be appointed General...
Banking/Financial Services
2022-12-22 10:53 AM EST | Newsfile SEC Press Digest