Regulatory Announcements

Washington, D.C.--(Newsfile Corp. - September 23, 2022) - The Securities and Exchange Commission today announced settled charges against Compass Minerals International Inc. for misleading investors about a technology upgrade that the company claimed would reduce costs at its most significant mine, but in reality, had increased costs, and for failing...
Banking/Financial Services
2022-09-23 4:29 PM EDT | Newsfile SEC Press Digest

Washington D.C.--(Newsfile Corp. - September 22, 2022) - The Securities and Exchange Commission today charged The Boeing Company and its former CEO, Dennis A. Muilenburg, with making materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019....
Banking/Financial Services
2022-09-22 4:53 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 21, 2022) - The Securities and Exchange Commission today charged the CEO of Cheetah Mobile Inc. and the company’s former President with insider trading for selling Cheetah Mobile’s securities, pursuant to a purported 10b5-1 trading...
Banking/Financial Services
2022-09-21 8:43 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 20, 2022) - The Securities and Exchange Commission today announced charges against Morgan Stanley Smith Barney LLC (MSSB) stemming from the firm’s extensive failures, over a five-year period, to protect the personal identifying information, or...
Banking/Financial Services
2022-09-20 7:08 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 19, 2022) - The Securities and Exchange Commission today issued a cease-and-desist order against Sparkster Ltd. and its CEO, Sajjad Daya, for the unregistered offer and sale of crypto asset securities from April 2018 through...
Banking/Financial Services
2022-09-19 3:06 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 19, 2022) - The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on September 21 at 10 a.m. ET. The meeting will be webcast on the SEC website.The committee will host four...
Banking/Financial Services
2022-09-19 2:17 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 19, 2022) - Researchers from the SEC’s Office of the Investor Advocate (OIAD) released an independent research study examining the impact of mutual fund performance benchmarks on investor decision-making, and potential strategic behavior by firms...
Banking/Financial Services
2022-09-19 1:28 PM EDT | Newsfile SEC Press Digest

Washington D.C.--(Newsfile Corp. - September 15, 2022) - The Securities and Exchange Commission today charged Brazil’s second largest domestic airline, GOL Linhas Aéreas Inteligentes, for violating the Foreign Corrupt Practices Act (FCPA). The São Paulo-based company, also known as Gol...
Banking/Financial Services
2022-09-15 6:08 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 14, 2022) - The Securities and Exchange Commission today charged Chicago-based Loop Capital Markets, LLC for providing advice to a municipal entity without registering as a municipal advisor. The action marks the first time the...
Banking/Financial Services
2022-09-14 1:08 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 14, 2022) - The Securities and Exchange Commission today proposed rule changes that would enhance risk management practices for central counterparties in the U.S. Treasury market and facilitate additional clearing of U.S. Treasury securities transactions....
Banking/Financial Services
2022-09-14 11:37 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 13, 2022) - The Securities and Exchange Commission today filed a litigated action against Oppenheimer & Co. Inc. and separately announced settlements with BNY Mellon Capital Markets LLC, TD Securities (USA) LLC, and Jefferies LLC,...
Banking/Financial Services
2022-09-13 8:43 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 12, 2022) - The Securities and Exchange Commission today charged VMware Inc. for misleading investors about its order backlog management practices, which enabled the Palo Alto, California-based technology company to push revenue into future quarters by delaying product deliveries to customers, concealing the company’s slowing...
Banking/Financial Services
2022-09-12 4:39 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 12, 2022) - The Securities and Exchange Commission announced charges today against registered investment advisers Hudson Advisors L.P. and Lone Star Global Acquisitions Ltd. for including Hudson’s owner’s anticipated income tax liability as a component...
Banking/Financial Services
2022-09-12 10:53 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 9, 2022) - The Securities and Exchange Commission today announced plans to add an Office of Crypto Assets and an Office of Industrial Applications and Services to the Division of Corporation Finance's Disclosure Review Program (DRP). The DRP has long had offices to review company...
Banking/Financial Services
2022-09-09 4:15 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 9, 2022) - The Securities and Exchange Commission today adopted amendments to its rules to implement inflation adjustments mandated by the Jumpstart Our Business Startups (JOBS) Act. The SEC is required to make inflation adjustments...
Banking/Financial Services
2022-09-09 10:37 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 9, 2022) - The Securities and Exchange Commission today announced charges against a number of investment advisers that failed to comply with requirements relating to safekeeping client assets and/or to timely update their SEC disclosures...
Banking/Financial Services
2022-09-09 9:12 AM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 6, 2022) - The Securities and Exchange Commission today charged New York-based investment adviser Perceptive Advisors LLC with failing to disclose conflicts of interest regarding its personnel’s ownership of sponsors of special purpose acquisition companies (SPACs) into which Perceptive advised its clients to invest.According to...
Banking/Financial Services
2022-09-06 2:28 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - September 2, 2022) - The Securities and Exchange Commission today charged Energy Innovation Capital Management, LLC (EIC), a California-based exempt reporting adviser, with charging excess management fees from two venture capital funds. EIC has returned $678,681 plus interest to the funds and their limited partners, and...
Banking/Financial Services
2022-09-02 1:09 PM EDT | Newsfile SEC Press Digest

Washington, D.C.--(Newsfile Corp. - August 30, 2022) - The Securities and Exchange Commission today charged two North Carolina-based executives, Gregory E. Lindberg and Christopher Herwig, and their Malta-based registered investment adviser, Standard Advisory Services Limited, for defrauding clients out of...
Banking/Financial Services
2022-08-30 3:10 PM EDT | Newsfile SEC Press Digest