SEC Deputy Director of the Office of the Advocate for Small Business Capital Formation Sebastian Gomez Abero touted the "expanded capital raising pathways" under the 2012 JOBS Act and urged practitioners to utilize resources now available in the SEC's consolidated Capital Raising Hub.
SEC Chair Gary Gensler contended that the "vast majority" of cryptocurrency tokens on the market are securities subject to SEC regulation.
A bank holding company settled SEC charges for (i) failure to maintain accurate records regarding commercial real estate security valuations, (ii) failure to incorporate all available market data into its valuations, (iii) issuing material misstatements relating to its valuations and (iv) related supervisory failures.
The SEC charged three cryptocurrency entities and their founder with engaging in the unregistered offering of a crypto-asset.
The SEC Small Business Capital Formation Advisory Committee held a hearing on (i) the capital-raising landscape for small businesses and (ii) secondary liquidity challenges for investors in small and emerging businesses.