Tag: Securities and Exchange Commission
The regulator gave $564 million to 108 tipsters, while distributing $521 million to harmed investors.
The regulator says it is ‘intently focused on SPAC merger transactions.’
The SEC alleges Jose Luis Casero Sanchez ‘abused his position of trust’ by using confidential information to make trades.
The regulator is also seeking information on a financial misstatement from 2020 that triggered a contribution increase.
With the cease-and-desist order, attorneys might take aim at the publisher over alleged misleading statements.
Aron Govil allegedly siphoned $7 million from Cemtrex and Telidyne investors for personal use.
Edgar Radjabli is accused of manipulating the securities market for Veritone, among other schemes.
The SEC says the now-defunct BitConnect platform advertised 40% ‘no risk’ monthly returns.