A broker-dealer settled FINRA charges for failing to (i) collect investment profile information for customers participating in private placement offerings and (ii) file certain required corporate offering filings.
The SEC approved a FINRA proposal to shorten the permitted syndicate account settlement timeframe for corporate debt offerings.
A real estate firm settled SEC charges for failing to satisfy registration exemption requirements and selling interests in a real estate fund to unaccredited investors.
A multiservice broker-dealer firm settled FINRA charges for notification failures in violation of anti-manipulation rules that apply to securities offerings.
The SEC extended to November 16, 2022, the period for consideration of a FINRA proposal to shorten the permitted syndicate account settlement timeframe for corporate debt offerings.