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.
The SEC called on exchanges and market participants to submit "innovative" proposals intended to improve the secondary market structure for exchange-listed equity securities traded in low volumes.
The SEC charged the former CEO and president of a Nasdaq-traded security technology company and three other individuals in a fraudulent broker bribery scheme. The DOJ filed charges against one of the individuals in a parallel action.
The former president of a penny stock company consented to a permanent ban from serving as a public company officer. The SEC alleged that he made misrepresentations in an attempt to pump up the value of his company's stock.
The SEC suspended trading in three companies due to concerns about the accuracy of information they provided regarding acquisitions of cryptocurrency and blockchain technology.