An exchange-traded commodity pool trading oil futures and its general partner, a CPO, settled parallel SEC and CFTC charges for misleading disclosure statements.
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Two entities and their principals settled SEC charges for the sales of unregistered oil and gas securities and material misstatements in connection with those offerings.
A gas exploration company and its former CEO settled SEC charges for failing to disclose certain related person transactions and perquisites as part of the CEO's compensation.
An SEC final rule to consolidate and update property disclosure requirements for mining registrants was published in the Federal Register.
The SEC adopted amendments to consolidate and update property disclosure requirements for mining registrants. The agency also provided guidance on the updated requirements. The amendments will provide investors with a more complete understanding of a registrant's mining properties, which would enable them to make better informed investment decisions. The SEC stated that the amendments will further align the agency's disclosure requirements for mining properties with current industry and global regulatory standards. The final rule amendments include several changes to the proposed rules that