The SEC obtained a final judgment in federal court against a hedge firm adviser for making false statements with regard to a drug company that the hedge fund had shorted.
The SEC published in the Federal Register a reopening of the comment period on a proposal to amend the executive compensation disclosure rule. The new deadline for comments is March 4, 2022.
The SEC is publishing the Chair's agenda of rulemaking actions pursuant to the Regulatory Flexibility Act, which includes amendments to improve and modernize disclosure under the Investment Company Act.
A broker-dealer settled SEC charges for (i) the offer and sale of unregistered microcap securities, and (ii) failure to file suspicious activity reports for transactions it executed as agent for one of its offshore customers.
A federal court in the District of Massachusetts authorized the IRS to serve a "John Doe" summons on a Boston-based "digital currency exchanger" seeking information about as yet unidentified U.S. taxpayers who, from 2016 to 2020, conducted at least $20,000 in cryptocurrency transactions.
An investment firm was fined $2.9 billion by several authorities for its failure to (i) properly oversee its operations, (i) maintain internal controls and (iii) conduct proper risk management, with regard to its employees' involvement in improper payments to foreign officials.
A former executive of a brokerage firm settled SEC charges for illicitly securing business deals with a Malaysian state-owned and controlled investment fund.
