The SEC adopted amendments to the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities to institutions. The amendments are intended to increase accessibility to private capital markets.
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The SEC approved the registration statement of INX Solutions Limited, a Gibraltar company that intends to go into the business of providing markets for the trading of digital assets.
A global IT company and its former chief financial officer settled SEC charges for improper accounting methods, filing "materially misstated financial statements" and failing to maintain sufficient internal accounting controls.
The OCC authorized national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices located in areas affected by severe weather along the U.S. Gulf Coast.
A mortgage lender settled CFPB charges for misleading and deceptive advertising and inadequate disclosures.