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 Former Chairman and CEO of Tech Co. Kubient With Fraud and Lying to Auditorson September 16, 2024
The Securities and Exchange Commission today filed charges against Paul D. Roberts, the former Chair, CEO, and president of Kubient Inc.; Joshua A. Weiss, the company’s former chief financial officer; and Grainne M. Coen, the company’s former audit…
- Omakase: Statement on In the Matter of Flyfish Club, LLCon September 16, 2024
Omakase: Statement on In the Matter of Flyfish Club, LLC Commissioners Hester M. Peirce and Mark T. Uyeda September 16, 2024
- SEC Charges Former Financial Consultant for Providing Father and Friends Inside Information Regarding Firm’s Clienton September 13, 2024
The Securities and Exchange Commission today charged Federico Nannini, his father, and two of his friends for insider trading in advance of the pending acquisition of Infrastructure and Energy Alternatives, Inc. (IEA) by MasTec Inc., a client of the…
- SEC Charges Zymergen Inc. With Misleading IPO Investors About Company’s Market Potential and Sales Prospectson September 13, 2024
The Securities and Exchange Commission today announced settled charges against Zymergen Inc., an Emeryville, California-based biotechnology company, for misleading IPO investors about its overall market potential, revenue prospects, and customer pipeline…
- SEC Charges Three Former Executives of Pharmacy Startup Medly Health Inc. with Defrauding Investorson September 12, 2024
The Securities and Exchange Commission today charged now-defunct digital pharmacy startup Medly Health Inc’s. co-founder and former CEO, Marg Patel, former CFO, Robert Horowitz, and former Head of Rx Operations, Chintankumar Bhatt, with defrauding…
- SEC Files Settled Charges Against Three StraightPath Sales Agents for Unregistered Broker Activityon September 12, 2024
The Securities and Exchange Commission today announced settled charges against three sales agents from StraightPath Venture Partners—Anthony Guarino, Robert Seropian, and Frank Vecchio—for unregistered broker activity, including selling membership…
- SEC Investor Advisory Committee to Discuss Investment Advice and Key Topics from Securities Litigation at Sept. 19 Meetingon September 12, 2024
The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting on Sept. 19, 2024, at 10 a.m. ET at the SEC Headquarters in Washington, D.C. The meeting will also be webcast on the SEC website. The committee will host two…
- eToro Reaches Settlement with SEC and Will Cease Trading Activity in Nearly All Crypto Assetson September 12, 2024
The Securities and Exchange Commission today announced that eToro USA LLC has agreed to pay $1.5 million to settle charges that it operated an unregistered broker and unregistered clearing agency in connection with its trading platform that facilitated…
- SEC Charges John Deere With FCPA Violations for Subsidiary’s Role in Thai Bribery Schemeon September 10, 2024
The Securities and Exchange Commission today announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes…
- Not so Fast: Statement on In the Matter of Keurig Dr Pepper Inc.on September 10, 2024
Not so Fast: Statement on In the Matter of Keurig Dr Pepper Inc. Commissioner Hester M. Peirce September 10, 2024
- SEC Announces Six New Investor Advisory Committee Memberson September 10, 2024
The Securities and Exchange Commission today announced six new members to fill vacancies on its Investor Advisory Committee. The new members, who will serve four-year terms, join 17 current committee members. The committee, established under the Dodd-…
- “Pro Bono Publico” Prepared Remarks before the Peterson Institute for International Economicson September 10, 2024
“Pro Bono Publico” Prepared Remarks before the Peterson Institute for International Economics Gary Gensler, Chair, Securities and Exchange Commission Sept. 10, 2024
- SEC Charges Keurig with Making Inaccurate Statements Regarding Recyclability of K-Cup Beverage Podon September 10, 2024
The Securities and Exchange Commission today charged Keurig Dr Pepper Inc. with making inaccurate statements regarding the recyclability of its K-Cup single use beverage pods. To settle the SEC’s charges, Keurig agreed to pay a $1.5 million civil penalty…
- Remarks before the 2024 AICPA & CIMA Conference on Banks & Savings Institutions: Accounting for Crypto-Asset Safeguarding Obligations—A Facts-Based Analysison September 9, 2024
Remarks before the 2024 AICPA & CIMA Conference on Banks & Savings Institutions: Accounting for Crypto-Asset Safeguarding Obligations—A Facts-Based Analysis Paul Munter, Chief Accountant September 9, 2024
- SEC Charges Nine Investment Advisers in Ongoing Sweep into Marketing Rule Violationson September 9, 2024
The Securities and Exchange Commission today announced settled charges against nine registered investment advisers for violating the Marketing Rule by disseminating advertisements that included untrue or unsubstantiated statements of material fact or…
- SEC Publishes Small Business Educational Resources About Income Statements and Balance Sheetson September 9, 2024
The Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation this week released new educational resources for small business owners that explore the anatomy of income statements and balance sheets. "Understanding…
- SEC Approves a New PCAOB Quality Control Standardon September 9, 2024
The Securities and Exchange Commission today approved the Public Company Accounting Oversight Board’s (PCAOB) new quality control (QC) standard and related amendments to its standards, rules, and forms. QC 1000, A Firm’s System of Quality Control…
- Statement on Quality Control in Auditingon September 9, 2024
Statement on Quality Control in Auditing Gary Gensler, Chair, Securities and Exchange Commission September 9, 2024
- SEC as EQCF: Statement on Public Company Accounting Oversight Board; Notice of Filing of Proposed Rules on a Firm’s System of Quality Control and Related Amendments to PCAOB Standardson September 9, 2024
SEC as EQCF: Statement on Public Company Accounting Oversight Board; Notice of Filing of Proposed Rules on a Firm’s System of Quality Control and Related Amendments to PCAOB Standards Commissioner Hester M. Peirce September 9, 2024
- Statement in Support of QC 1000, A Firm’s System of Quality Controlon September 9, 2024
Statement in Support of QC 1000, A Firm’s System of Quality Control Commissioner Caroline A. Crenshaw September 9, 2024