The SEC filed an emergency action against the owners and operators of a mobile messaging application to discontinue their allegedly illegal securities offering of digital assets known as "Grams."
The SEC charged a digital asset incubator company and its founder with conducting an illegal securities offering and acting as an unregistered broker-dealer.
SEC Commissioners Robert J. Jackson Jr. and Allison Herren Lee expressed concern over proposed amendments to reporting regulations that (i) shift the agency's approach towards principles-based disclosure and (ii) fail to address climate risk.
Proposed SEC amendments to revise the description of business, legal proceedings, and risk factor disclosures that registrants are required to make under the Securities Act, were published in the Federal Register.
The SEC proposed rule amendments that would revise the description of business, legal proceedings and risk factor disclosures registrants are required to make under Securities Act regulations.
Regulation Best Interest significantly expands the obligations that broker-dealers owe to retail investors. To assist in navigating these new requirements, the Cabinet produced four new Retail Best Interest Topic Pages.
Regulation Best Interest significantly expands the obligations that broker-dealers owe to retail investors. To assist in navigating these new requirements, the Cabinet produced four new Retail Best Interest Topic Pages.
An SEC and CFTC joint proposal to (i) lower the minimum customer margin requirement for security futures and (ii) revise the margin offset table consistent with the proposed reduction was published in the federal register.
A broker-dealer settled multiple state charges, coordinated by the North American Securities Administrators Association, for selling unregistered non-exempt securities.
A broker-dealer settled FINRA charges for failing to adequately supervise a registered representative's participation in private securities transactions.
