Industry News
News items posted here are direct RSS feeds from related industry releases. These items are not published or created by NAFER.
- SEC Charges Wells Fargo Advisors With Anti-Money Laundering Related Violationson May 20, 2022
The Securities and Exchange Commission today announced charges against Wells Fargo Advisors for failing to file at least 34 Suspicious Activity Reports (SARs) in a timely manner between April 2017 and October 2021. Wells Fargo Advisors, the St. Louis-…
- Testimony at Hearing before the Subcommittee on Financial Services and General Government U.S. House Appropriations Committeeon May 17, 2022
Testimony of Gary Gensler Chair, Securities and Exchange Commission Hearing before the Subcommittee on Financial Services and General Government U.S. House Appropriations Committee May 18, 2022
- “Investor Protection in a Digital Age," Remarks Before the 2022 NASAA Spring Meeting & Public Policy Symposiumon May 17, 2022
Prepared Remarks of Gary Gensler Chair, Securities and Exchange Commission Before the 2022 NASAA Spring Meeting & Public Policy Symposium “Investor Protection in a Digital Age” May 17, 2022
- SEC Charges Allianz Global Investors and Three Former Senior Portfolio Managers with Multibillion Dollar Securities Fraudon May 17, 2022
The Securities and Exchange Commission (SEC) today charged Allianz Global Investors U.S. LLC (AGI US) and three former senior portfolio managers with a massive fraudulent scheme that concealed the immense downside risks of a complex options trading…
- SEC Obtains Emergency Relief to Halt Pre-IPO Stock Fraud Scheme by Unregistered Broker-Dealeron May 16, 2022
The Securities and Exchange Commission today announced that it obtained asset freezes and other emergency relief against StraightPath Venture Partners LLC, StraightPath Management LLC, Brian K. Martinsen, Michael A. Castillero, Francine A. Lanaia, and…
- Remarks at Securities Enforcement Forum West 2022on May 12, 2022
Gurbir S. Grewal: Remarks at Securities Enforcement Forum West 2022 May 12, 2022
- “A ‘New’ New Era:” Prepared Remarks Before the International Swaps and Derivatives Association Annual Meetingon May 11, 2022
Prepared Remarks of Gary Gensler Chair, Securities and Exchange Commission Before the International Swaps and Derivatives Association Annual Meeting “A ‘New’ New Era”
- SEC Extends Comment Period for Proposed Rules on Climate-Related Disclosures, Reopens Comment Periods for Proposed Rules Regarding Private Fund Advisers and Regulation ATSon May 9, 2022
The Securities and Exchange Commission today announced that it has extended the public comment period on the proposed rulemaking to enhance and standardize climate-related disclosures for investors until June 17, 2022. The SEC also announced that it will…
- SEC Halts Fraudulent Cryptomining and Trading Schemeon May 6, 2022
The Securities and Exchange Commission today announced fraud charges against MCC International Corp. (MCC), which does business as Mining Capital Coin Corp., its founders Luiz Carlos Capuci, Jr. (aka Junior Caputti or Capuci) and Emerson Souza Pires (…
- Remarks at SEC Small Business Capital Formation Advisory Committee Meetingon May 6, 2022
Remarks at SEC Small Business Capital Formation Advisory Committee Meeting Commissioner Hester M. Peirce May 6, 2022
- SEC Issues Nearly $3.5 Million Award to Four Whistleblowerson May 6, 2022
The Securities and Exchange Commission today announced a total award of nearly $3.5 million to four whistleblowers who provided information and assistance in a single covered action. Three joint whistleblowers provided Commission staff with information…
- Remarks Before the Small Business Capital Formation Advisory Committeeon May 6, 2022
Prepared Remarks of Gary Gensler Chair, Securities and Exchange Commission Before the Small Business Capital Formation Advisory Committee May 6, 2022
- A Century with a Gold Standardon May 6, 2022
Prepared Remarks of Gary Gensler Chair, Securities and Exchange Commission Before the Annual Conference on Financial Market Regulation “A Century with a Gold Standard” May 6, 2022
- SEC Charges NVIDIA Corporation with Inadequate Disclosures about Impact of Cryptominingon May 6, 2022
The Securities and Exchange Commission today announced settled charges against technology company NVIDIA Corporation for inadequate disclosures concerning the impact of cryptomining on the company’s gaming business. The SEC’s order finds that, during…
- Investor Bulletin – Top 10 Investment Tips for College Studentson May 4, 2022
One of the best ways to build wealth is by saving and investing over a long period of time. The earlier you start, the easier it is for your money to grow. Opening your first investment account is a key step in beginning your investment journey. As a college student, you may receive offers to open an investment account. These offers could come from your bank, from someone you or your family know, or even at a campus coffee shop. They also can include incentives, like free stock or cash to invest, as a way to entice you to sign up. Here are ten important investment tips from the SEC’s Office of Investor Education and Advocacy to consider when opening any investment account.
- SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Uniton May 3, 2022
The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly…
- OMWI Reports Highlight Progress in Diversity, Equity and Inclusionon May 2, 2022
As part of its continuing efforts to educate regulated entities on the benefits and importance of sharing self-assessments of their diversity policies and practices, the Securities and Exchange Commission (SEC) published a Diversity Assessment Report…
- SEC Charges CEO and President of Synergy Settlement Services with Fraudulent Operation of Special Needs Pooled Trustson May 2, 2022
The Securities and Exchange Commission today announced fraud charges against Synergy Settlement Services, Inc., CEO Jason D. Lazarus, Esq., both based in Orlando, FL, and President Anthony F. Prieto, Jr. of Tampa, FL, for allegedly defrauding individuals…
- SEC Commemorates Financial Capability Month with Robust Slate of Investor Education Events and Resourceson April 29, 2022
The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) commemorated National Financial Capability Month by hosting a slate of outreach and education events for investors. In addition to the events, Chair Gary Gensler…
- Small Business Advisory Committee to Host Virtual Meeting to Discuss Proposed Rules on Climate Disclosures and SPACson April 29, 2022
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its virtual meeting on Friday, May 6, which will examine the Commission’s proposed rules on climate-related disclosures and Special…