The SEC charged five individuals with trading on material non-public information related to a subscription video streaming service's subscriber growth. The scheme involved three former employees who worked as software engineers and two closely associated individuals.

The SEC named Sanjay Wadhwa Deputy Director of the Enforcement Division, effective immediately.

An investment banking firm settled FINRA charges for failing to comply with the Exchange Act short sale locate requirement in connection with equity security short sales that its market making desk effected for its own account.

An investment adviser, its principal and a trader settled SEC charges "for causing the executing brokers of a hedge fund to violate [short sale] order-marking and locate requirements, and . . . causing the hedge fund to act as a dealer without registering with the Commission. . . ."