Industry News
News items posted here are direct RSS feeds from related industry releases. These items are not published or created by NAFER.
- Changing Dynamics Pre-IPO and Going Public on the Agenda for the SEC’s Small Business Capital Formation Advisory Committeeon September 21, 2021
The Securities and Exchange Commission's Small Business Capital Formation Advisory Committee will meet virtually on Monday, Sept. 27 to explore the changing dynamics for pre-IPO companies raising capital and the pathways those companies take to becoming…
- Remarks Before the Alternative Reference Rates Committee’s SOFR Symposiumon September 20, 2021
Remarks of Gary Gensler, Chair of the Securities and Exchange Commission Before the Alternative Reference Rates Committee’s SOFR Symposium
- SEC Charges Crowdfunding Portal, Issuer, and Related Individuals for Fraudulent Offeringson September 20, 2021
The Securities and Exchange Commission today charged three individuals and one issuer with conducting a fraudulent scheme to sell nearly $2 million of unregistered securities through two crowdfunding offerings. The SEC also charged the registered funding…
- SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisorson September 20, 2021
The Securities and Exchange Commission's Division of Examinations and Office of Municipal Securities (OMS), the Municipal Securities Rulemaking Board (MSRB), and the Financial Industry Regulatory Authority (FINRA) today announced the opening of…
- SEC Charges Former Pharmaceutical Global IT Manager in $8 Million Insider Trading Schemeon September 17, 2021
The Securities and Exchange Commission today announced insider trading charges against Dayakar R. Mallu, of Orlando, Florida, who generated gains and avoided losses totaling over $8 million by trading in the securities of his former employer, Mylan N.V…
- SEC Awards $11.5 Million to Two Whistleblowerson September 17, 2021
The Securities and Exchange Commission today announced awards of approximately $11.5 million to two whistleblowers whose information and assistance contributed to the success of an SEC enforcement action. The first whistleblower received an award of…
- RBC Charged With Failing to Give Priority to Retail and Institutional Investors in Municipal Offeringson September 17, 2021
The Securities and Exchange Commission today announced that RBC Capital Markets LLC has agreed to pay more than $800,000 to resolve charges that it engaged in unfair dealing in municipal bond offerings. The SEC also announced settled charges against…
- SEC Charges School District and Former Executive with Misleading Investors in Bond Offeringon September 16, 2021
The Securities and Exchange Commission today charged a San Diego County school district, Sweetwater Union High School District, and its former Chief Financial Officer, Karen Michel, with misleading investors who purchased $28 million in municipal…
- SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Millionon September 15, 2021
The Securities and Exchange Commission today announced awards of approximately $110 million and $4 million to two whistleblowers whose information and assistance led to successful SEC and related actions. With these awards, the SEC's whistleblower…
- SEC Charges App Annie and its Founder with Securities Fraudon September 14, 2021
The Securities and Exchange Commission today announced that App Annie Inc., a leading alternative data provider for the mobile app industry, and its co-founder and former CEO and Chairman Bertrand Schmitt, have agreed to settle securities fraud charges…
- Testimony Before the United States Senate Committee on Banking, Housing, and Urban Affairson September 14, 2021
Testimony of Gary Gensler Before the United States Senate Committee on Banking, Housing, and Urban Affairs Sept. 14, 2021 Washington, D.C.
- SEC Charges Three Media Companies with Illegal Offerings of Stock and Digital Assetson September 13, 2021
The Securities and Exchange Commission today charged New York City-based GTV Media Group Inc. and Saraca Media Group Inc., and Phoenix, Arizona-based Voice of Guo Media Inc., with conducting an illegal unregistered offering of GTV common stock. The SEC…
- Remarks at the Meeting of the Investor Advisory Committeeon September 10, 2021
Remarks at the Meeting of the Investor Advisory Committee Commissioner Elad L. Roisman Sept. 9, 2021
- Prepared Remarks Before the Investor Advisory Committeeon September 9, 2021
Prepared Remarks of Gary Gensler, Chair, Securities and Exchange Commission Before the Investor Advisory Committee September 9, 2021
- Remarks at Meeting of Investor Advisory Committeeon September 9, 2021
Remarks at Meeting of Investor Advisory Committee September 9, 2021
- Be on the Lookout for Investment Scams Related to Hurricane Idaon September 3, 2021
- Statement Regarding Information Bundling and Corporate Penaltieson September 3, 2021
Statement by Commissioner Caroline Crenshaw Regarding Information Bundling and Corporate Penalties September 3, 2021
- SEC Charges The Kraft Heinz Company and Two Former Executives for Engaging in Years-Long Accounting Schemeon September 3, 2021
The Securities and Exchange Commission today charged The Kraft Heinz Company with engaging in a long-running expense management scheme that resulted in the restatement of several years of financial reporting. The SEC also charged Kraft's former Chief…
- SEC Investor Advisory Committee to Meet Remotely on Sept. 9on September 2, 2021
The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on Sept. 9 by remote means. The meeting will begin at 10 a.m. ET, is open to the public via live webcast, and will be archived on the committee's…
- SEC Charges Global Crypto Lending Platform and Top Executives in $2 Billion Fraudon September 1, 2021
The Securities and Exchange Commission announced today that it has filed an action against BitConnect, an online crypto lending platform, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company, alleging that they defrauded…