SEC Commissioner Hester Peirce and SEC Advocate for Small Business Capital Formation Martha Miller emphasized the importance of a regulatory framework that facilitates capital investment in regional economies.
FINRA reminded municipal advisors of their supervisory obligations when holding or transacting in certain customer accounts and engaging in certain investment-related activities.
The MSRB established an effective date for the amendments to the MSRB rules relating to advertising by broker-dealers or municipal securities advisors.
The SEC rule amendments codifying an existing exemption available to credit rating agencies concerning conflict of interest disclosure obligations and the ratings of structured finance products were published in the Federal Register.
A U.S. District Court froze the assets of a "self-described financial guru" charged with defrauding investors out of millions of dollars through the unregistered offering of digital asset securities.
In a FINRA disciplinary proceeding, the Department of Enforcement alleged that two former registered representatives failed to report private securities transactions and outside business activities.
