A broker-dealer settled FINRA charges for attempting to influence the market for securities offered by the firm’s corporate affiliates and investment banking clients.
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A broker-dealer settled FINRA charges for failing to conduct reasonable due diligence in connection with a private-placement offering and for failing to maintain the minimum net capital required to operate as a securities business.
SEC Chair Jay Clayton urged market professionals to act responsibly when dealing with Initial Coin Offerings and shared his perspective on the implementation of remaining Dodd-Frank rulemaking mandates.
A California-based company shut down its initial coin offering and issued refunds to investors after the SEC initiated an investigation into its operations.
The SEC obtained an emergency injunction preventing a Canadian "recidivist securities law violator" and his business partner from continuing to raise funds through an initial coin offering.