Industry News
News items posted here are direct RSS feeds from related industry releases. These items are not published or created by NAFER.
- SEC Awards Whistleblower More Than $37 Millionon July 26, 2024
The Securities and Exchange Commission today announced an award of more than $37 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. The whistleblower persisted in reporting the misconduct internally,…
- SEC Charges Andrew Left and Citron Capital for $20 Million Fraud Schemeon July 26, 2024
The Securities and Exchange Commission today announced charges against activist short seller Andrew Left and his firm, Citron Capital LLC, for engaging in a $20 million multi-year scheme to defraud followers by publishing false and misleading statements…
- SEC Charges Virginia Engineer with Orchestrating $30 Million Offering Fraudon July 25, 2024
The Securities and Exchange Commission today charged Babu Ramaraj, a resident of Aldie, Virginia, with defrauding more than 70 investors of approximately $31 million through his company, DAB Inspection and Consulting Services LLC. The SEC’s complaint…
- Keith E. Cassidy Named Interim Acting Director of the Division of Examinationson July 22, 2024
In response to a previously announced medical issue, the Securities and Exchange Commission today announced that Richard Best, the Director of the Division of Examinations, will take leave from the agency to focus on his health. Keith E. Cassidy, the…
- SEC Launches Interagency Securities Council to Coordinate Enforcement Efforts Across Federal, State, and Local Agencieson July 19, 2024
The Securities and Exchange Commission’s Division of Enforcement this month launched the Interagency Securities Council (ISC), which invites federal, state, and local regulatory and law enforcement professionals to meet quarterly to discuss the latest in…
- SEC Awards More Than $37 Million to a Whistlebloweron July 17, 2024
The Securities and Exchange Commission today announced an award of more than $37 million to a whistleblower who provided information not previously known to the SEC and which significantly contributed to a successful enforcement action. The whistleblower…
- Remarks at the Southern African Securities Regulators Regional Training Conferenceon July 16, 2024
Remarks at the Southern African Securities Regulators Regional Training Conference Commissioner Mark T. Uyeda July 16, 2024 Luanda, Angola
- SEC Small Business Advisory Committee to Explore Recent Changes to U.S. Small Business Administration’s Small Business Investment Company Programon July 12, 2024
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Tuesday, July 30, 2024, which will include an exploration of recent changes to the U.S. Small Business…
- Statement on the Spring 2024 Regulatory Agendaon July 8, 2024
Statement on the Spring 2024 Regulatory Agenda Chair Gary Gensler July 8, 2024
- Statement on Jury’s Verdict in Trial of Guy Gentile, founder, owner, and CEO of MintBroker International, Ltd., f/k/a Swiss America Securities Ltd. and d/b/a SureTraderon July 2, 2024
Sanjay Wadhwa Deputy Director, Division of Enforcement July 2, 2024
- What’s Past is Prologue: Enforcing the Federal Securities Laws in the Age of Cryptoon July 2, 2024
WHAT’S PAST IS PROLOGUE: ENFORCING THE FEDERAL SECURITIES LAWS IN THE AGE OF CRYPTO BY GURBIR S. GREWAL
- SEC Updates Website to Improve Compliance, Functionality, and User Experience on July 2, 2024
The Securities and Exchange Commission today announced enhancements to its website to improve compliance with federal statutes and standards as well as the site’s functionality. The updates will improve the website’s user experience for market…
- SEC Charges Silvergate Capital, Former CEO for Misleading Investors about Compliance Programon July 1, 2024
The Securities and Exchange Commission today charged Silvergate Capital Corporation, its former CEO Alan Lane, and former Chief Risk Officer (CRO) Kathleen Fraher with misleading investors about the strength of the Bank Secrecy Act/Anti-Money Laundering…
- RILA Re-Form: Statement on Registration for Index-Linked Annuities and Registered Market-Value Adjustment Annuities; Amendments to Form N-4 for Index-Linked Annuities, Registered Market-Value Adjustment Annuities, and Variable Annuitieson July 1, 2024
RILA Re-Form: Statement on Registration for Index-Linked Annuities and Registered Market-Value Adjustment Annuities; Amendments to Form N-4 for Index-Linked Annuities, Registered Market-Value Adjustment Annuities, and Variable Annuities Commissioner Hester M. Peirce July 1, 2024
- SEC Adopts Tailored Registration Form for Offerings of Registered Index-Linked and Registered Market-Value Adjustment Annuitieson July 1, 2024
The Securities and Exchange Commission today adopted tailored disclosure requirements and offering processes for offerings of registered index-linked annuities (RILAs) and registered market value adjustment annuities (registered MVA annuities, and…
- Statement on RILAs and Registered MVA Annuitieson July 1, 2024
Statement on RILAs and Registered MVA Annuities Gary Gensler Chair, Securities and Exchange Commission July 1, 2024
- Statement on the Registration for Index-Linked Annuities and Registered Market-Value Adjustment Annuitieson July 1, 2024
Statement on the Registration for Index-Linked Annuities and Registered Market-Value Adjustment Annuities Commissioner Mark T. Uyeda July 1, 2024
- SEC, MSRB, FINRA to Hold Hybrid Compliance Outreach Programon July 1, 2024
The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for both in-person and virtual attendance of their Compliance Outreach…
- The Hitchhiker’s Guide to ESG: Remarks at Annual US-Central and Eastern European Connection Weekendon June 29, 2024
The Hitchhiker’s Guide to ESG: Remarks at Annual US-Central and Eastern European Connection Weekend Commissioner Hester M. Peirce June 29, 2024
- SEC Charges Consensys Software for Unregistered Offers and Sales of Securities Through Its MetaMask Staking Serviceon June 28, 2024
The Securities and Exchange Commission today charged Consensys Software Inc. with engaging in the unregistered offer and sale of securities through a service it calls MetaMask Staking and with operating as an unregistered broker through MetaMask Staking…