Industry News
News items posted here are direct RSS feeds from related industry releases. These items are not published or created by NAFER.
- Register for the SEC's 40th Annual Small Business Forum, Featuring Inclusive Conversations on Capital Formation from Startup to Small Capon May 5, 2021
The Office of the Advocate for Small Business Capital Formation will host the Securities and Exchange Commission's 40th Annual Government-Business Forum on Small Business Capital Formation virtually from May 24-27, 2021. Each of the four…
- SEC Charges Under Armour Inc. With Disclosure Failureson May 3, 2021
The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects.…
- Jessica Wachter Named SEC Chief Economist and Director of the Division of Economic and Risk Analysison May 3, 2021
The Securities and Exchange Commission today announced that Jessica Wachter has been appointed Chief Economist and Director of the Division of Economic and Risk Analysis (DERA). Dr. Wachter joins the SEC from the Wharton School, University of…
- Prepared Remarks at SEC Small Business Capital Formation Advisory Committee Meetingon April 30, 2021
Prepared Remarks at SEC Small Business Capital Formation Advisory Committee Meeting, by Gary Gensler, SEC Chair, April 30, 2021
- Remarks at Meeting of SEC Small Business Capital Formation Advisory Committeeon April 30, 2021
Remarks at Meeting of SEC Small Business Capital Formation Advisory Committee, Commissioner Hester M. Peirce, April 30, 2021
- Remarks to the Small Business Capital Formation Advisory Committeeon April 30, 2021
Remarks to the Small Business Capital Formation Advisory Committee, by Commissioner Allison Herren Lee, April 30, 2021
- SEC Charges Eight Companies for Failure to Disclose Complete Information on Form NTon April 29, 2021
The Securities and Exchange Commission today charged eight companies for failing to disclose in SEC Form 12b-25 filings that their request for seeking a delayed quarterly or annual reporting filing was caused by an anticipated restatement or correction…
- Alex Oh Resigns from SEC; Melissa Hodgman Named Acting Director of Enforcementon April 28, 2021
The Securities and Exchange Commission today announced that Alex Oh has resigned her position as Director of the Division of Enforcement for personal reasons. Melissa Hodgman will return to the role of Acting Director of the Division of Enforcement. "…
- Werewolves of Change: Remarks before the ISDA Derivatives Trading Forum on Regulatory Changeon April 28, 2021
Werewolves of Change: Remarks before the ISDA Derivatives Trading Forum Regulatory Change, April 28, 2021, by Commissioner Hester Peirce
- SEC Obtains Emergency Relief, Charges Florida Company and CEO with Misappropriating Investor Money and Operating a Ponzi Schemeon April 26, 2021
The Securities and Exchange Commission today announced that it filed an emergency action and obtained a temporary restraining order and an asset freeze to stop an alleged Ponzi scheme and misappropriation of investor proceeds perpetrated by Melbourne,…
- Increasing Opportunities for Underrepresented Founders and Investors on the Agenda for the SEC Small Business Capital Formation Advisory Committee Meeting on April 30on April 26, 2021
The Securities and Exchange Commission's Small Business Capital Formation Advisory Committee will meet on Friday, April 30, to home in on solutions to increase access to capital for underrepresented founders and investors from smaller, regional funds.…
- SEC Names Keo Chea as Director of Public Engagement and Aisha Johnson as Director of Media Relationson April 26, 2021
The Securities and Exchange Commission today announced the appointments of Keo Chea as Director of Public Engagement and Aisha Johnson as Director of Media Relations. Chea joins the SEC from the Consumer Financial Protection Bureau, effective today, and…
- SEC Charges Fund Manager and Former Race Car Team Owner with Multimillion Dollar Fraudon April 23, 2021
The Securities and Exchange Commission today charged Andrew T. Franzone, former owner of a race car team, and investment adviser FF Fund Management, LLC (FFM) with fraudulently raising and misappropriating tens of millions of dollars from the sale of…
- SEC Awards More Than $3 Million to Whistleblowers in Two Enforcement Actionson April 23, 2021
The Securities and Exchange Commission today announced awards totaling more than $3 million to two whistleblowers in separate enforcement proceedings. In the first order, the SEC awarded approximately $3.2 million to a whistleblower who alerted SEC…
- Alex Oh Named SEC Director of Enforcementon April 22, 2021
The Securities and Exchange Commission today announced that Alex Oh has been appointed Director of the Division of Enforcement. Oh was most recently a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP and co-chair of the law firm’s Anti-…
- Gary Gensler Names Initial Senior Staff Memberson April 19, 2021
The Securities and Exchange Commission today announced the appointments of Prashant Yerramalli, Heather Slavkin Corzo, Kevin Burris, and Scott Schneider to Gary Gensler’s senior staff, responsible for advising him on matters before the Commission. “I am…
- SEC's New York and San Francisco Regional Offices to Co-Host a Webcast Exploring the Experiences of Tech Entrepreneurs of Color When Capital Raisingon April 19, 2021
The Securities and Exchange Commission today announced that its New York and San Francisco regional offices will co-host a virtual event discussing the experiences of tech entrepreneurs of color when raising capital for businesses. The event will be on…
- SEC Charges Binary Options Trading Platform and Two Top Executives with Fraudon April 19, 2021
On Friday, April 16, 2021, the Securities and Exchange Commission charged Israeli-based Spot Tech House Ltd., formerly known as Spot Option Ltd., and two of its former top executives, Malhaz Pinhas Patarkazishvili (also known as Pini Peter) and…
- Gary Gensler Sworn in as Member of the SECon April 17, 2021
Gary Gensler was sworn into office today as a Member of the Securities and Exchange Commission by U.S. Senator Ben Cardin. He was nominated to Chair the SEC by President Joseph R. Biden on February 3, 2021 and confirmed by the U.S. Senate on April 14,…
- SEC Reopens Comment Period for Universal Proxyon April 16, 2021
The Securities and Exchange Commission today voted to reopen the comment period on the proposed rules for the use of universal proxy cards in all non-exempt solicitations for contested director elections. “This is an important step toward finalizing…