Regulation
SEC Charges Adviser over Ponzi Scheme Targeting Haitians
Ruless Pierre, who targeted family and friends, could face 45 years in prison.
Tag: SEC
Regulation
CalSTRS Says SEC Proposal Weakens Corporate Accountability
Pension giant scolds regulator for attempt ‘to solve problems that simply do not exist.’
Regulation
SEC Accuses Company of Withholding Investor Money to Squelch Whistleblowing
Online auction portal allegedly made investors sign confidentiality agreements prior to distributing returns.
Opinion
What Defines ‘Materiality’? CalPERS’ CEO Likens New SEC Disclosure Rules to Allowances in Sexual Harassment
Marcie Frost says SEC term is too ambiguous.
Two Plead Guilty for Roles in $910 Million Ponzi Scheme
Victims were lured with the promise of gains from alternative energy tax credits.
SEC Questions Strategy for Thinly Traded Securities
‘One-size-fits-all’ equity market structure ‘may not be optimal’ for low-volume trades.
Regulation
SEC Stops $1.7 Billion Unregistered Digital Offering
Emergency order prevents markets from being flooded with illegal tokens.
Meridian Capital Founder Pleads Guilty to Conspiring to Commit Fraud
John Geraci admitted to misappropriating clients’ investments.
Blockchain Firm to Pay SEC $24 Million for Unregistered ICO
US investors participated in ICO in which had not been approved by the regulator.
SEC Charges Three in Alleged $125 Million Fraud
Managers allegedly lied to investors, used funds to support ‘luxurious lifestyle.’
Regulation
SEC Finalizes ‘Test-The-Waters’ Policy Expansion, Allowing Companies to Solicit Investor Interest Before IPOs
New rule removes Obama-era revenue cap of <$1 billion for companies to solicit investor feedback before going public.
L.A. Firm, Founder Charged in $19 Million Illegal Securities Offering
SEC alleges “recidivist founder” Ira Warkol charged 35% commissions.
Regulation
Adviser Charged with Defrauding NFL Players with Brain Injuries
SEC alleges Phillip Howard took advantage of ‘vulnerable investors’ to line his pockets.
SEC Charges ‘Guru’ in Alleged Fraudulent Digital Token Offering
Connected ‘political figure’ who invested $1 million was among the scam’s victims.
SEC Charges Former CFO with Defrauding Thousands of Investors
1 Global Capital’s Alan Heide allegedly knowingly signed off on overvalued statements.