In a Complaint filed in the U.S. District Court for the District of New Jersey, the SEC alleged that two individuals placed orders on opposite sides of the market for the same put options using two accounts with two broker-dealers.

At a meeting of the SEC Asset Management Advisory Committee, SEC officials challenged members to consider how advances in financial technologies impact investors and the advice they receive.

The SEC named Erik Gerding as the new Division of Corporation Finance Deputy Director of Legal and Regulatory Policy. Mr. Gerding will assume the role on October 4, 2021.

Subsidiaries of a Dutch oilfield services company settled potential civil liability with OFAC for apparent violations of Ukraine-related and Sudanese sanctions regulations.

The SEC awarded approximately $36 million to a whistleblower for assisting SEC staff and furnishing information in connection with an enforcement action, but denied two other claimants.