Hackers Exploit SEC Test Filing Services to Trade Illegally
The SEC charges nine for trading on non-public information.
Tag: SEC
JPMorgan to Pay $135 Million for Improper ADR Handling
Settlement is the SEC’s eighth action against a bank or broker in its ongoing ADR investigation.
Lawmakers Introduce Bill to Exempt Cryptocurrencies from Securities Laws
Proposed legislation aims to provide light-touch regulatory guidance for digital tokens.
SEC Charges Audit Firm in Failure to Detect Unpaid Taxes
Crowe LLC let $100 million in unpaid taxes slip under its radar, SEC alleges.
Former Executives Fined $2.7 Million over ICO Scam Charges
AriseBank claimed to be the world’s first decentralized bank.
SEC Charges Floyd Mayweather, DJ Khaled for Unlawfully Touting ICOs
Boxing champion, music producer agree to pay more than $750,000 in fines combined.
SEC Charges Firm Founder with Operating Unregistered Exchange
EtherDelta founder Zachary Coburn to pay nearly $400,000 in disgorgement and fines.
Fund Manager to Pay $12 Million over Dark Pool Deception Charges
ITG agrees to second multimillion-dollar settlement with SEC in three years.
Regulation
Citibank to Pay $38.8 Million for Improper Handling of ADRs
SEC alleges bank profited from ‘industry-wide fraud.’
SEC Bags Almost $4 Billion in Fines for Fiscal 2018
Most disgorgement payments came from the Petróleo Brasileiro SA case.
SEC Settles with ‘Frack Master’ over Securities Fraud Charges
Christopher Faulkner is ordered to pay more than $25 million in disgorgement and fines.
SEC Stops Microcap Fraud Scheme
More than a dozen international regulators helped unravel conspiracy.
SEC Charges LendingClub with Misleading Investors
Firm fined $4 million as former president accepts three-year ban from securities industry.
Newsmakers
Tesla Comes Out on Top Despite SEC Suit, Musk’s Board Resignation
The SEC Twitter scandal looked like a nail in Tesla’s coffin, but a swift settlement surged shares and will see the automaker remain CEO at the expense of his chairman gig and a $40 million payment.
SEC Fines Voya $1 Million for Cybersecurity Breach
By impersonating contractors for the firm, intruders gained access to personal information of 5,600 customers.