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 Crypto Trading Platform Beaxy and its Executives for Operating an Unregistered Exchange, Broker, and Clearing Agencyon March 29, 2023
The Securities and Exchange Commission today charged the crypto asset trading platform beaxy.com (the Beaxy Platform) and its executives for failing to register as a national securities exchange, broker, and clearing agency. The SEC also charged the…
- Brazilian Mining Company to Pay $55.9 Million to Settle Charges Related to Misleading Disclosures Prior to Deadly Dam Collapseon March 28, 2023
The Securities and Exchange Commission today announced that Vale S.A., a publicly traded Brazilian mining company and one of the largest iron ore producers in the world, agreed to pay $55.9 million to settle charges brought last April stemming from the…
- SEC Obtains Emergency Relief Against Long Island Investment Adviser and Firm Charged with Fraudon March 27, 2023
The Securities and Exchange Commission today charged former broker Surage Kamal Roshan Perera and his firm, Janues Capital Incorporated, with defrauding at least one investor out of millions by lying about investment opportunities and strategies,…
- SEC Charges Three Sales Agents at StraightPath Venture Partners With Fraud and Unregistered Broker Activityon March 23, 2023
The Securities and Exchange Commission today charged Scott Hollender, Gabriel Migliano, Jr., and Frank Vecchio for selling interests in shares of pre-IPO companies on behalf of StraightPath Venture Partners LLC, despite not being registered broker-…
- SEC Charges Financial Adviser for Misappropriating More Than $1 Million From Current, Former NBA Playerson March 23, 2023
The Securities and Exchange Commission today charged Darryl Matthew Cohen, a former investment adviser at a large financial institution, with misappropriating more than $1 million from three current and former NBA players over a period of two and a half…
- Exercise Caution with Crypto Asset Securities: Investor Alerton March 23, 2023
- SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violationson March 22, 2023
The Securities and Exchange Commission today announced charges against crypto asset entrepreneur Justin Sun and three of his wholly-owned companies, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. (formerly BitTorrent), for the…
- SEC Proposes to Modernize the Submission of Certain Forms, Filings, and Materials Under the Securities Exchange Act of 1934on March 22, 2023
The Securities and Exchange Commission today proposed amendments designed to modernize its information collection and analysis methods by, among other things, proposing that a number of filings be submitted to the Commission electronically on EDGAR using…
- Statement on Electronic Filingon March 22, 2023
Statement on Electronic Filing Gary Gensler, Chair, Securities and Exchange Commission March 22, 2023
- Statement on Trading and Markets Proposal to Move from Paper to Electronic Filing Under Various Ruleson March 22, 2023
Statement on Trading and Markets Proposal to Move from Paper to Electronic Filing Under Various Rules Commissioner Hester M. Peirce March 22, 2023
- Statement on the Proposed Expansion of Electronic Filingon March 22, 2023
Statement on the Proposed Expansion of Electronic Filing Commissioner Caroline A. Crenshaw
- Statement on Electronic Filing of Certain Forms and Other Filings Under Securities Exchange Act of 1934; Technical Amendments Regarding FOCUS Reporton March 22, 2023
Statement on Electronic Filing of Certain Forms and Other Filings Under Securities Exchange Act of 1934; Technical Amendments Regarding FOCUS Report Commissioner Mark T. Uyeda March 22, 2023
- Modernizing the Filing Process for Market Participantson March 22, 2023
Modernizing the Filing Process for Market Participants Commissioner Jaime Lizárraga March 22, 2023
- SEC Virtual Outreach Event Highlights Students on the Frontlines of Investor Protectionon March 20, 2023
The U.S. Securities and Exchange Commission announced that it will host a virtual event, entitled “Investor Advocacy Clinics: Students Fight for Investor Justice,” on Wednesday, March 29 from 11:00 a.m. to 12:00 p.m. ET. The event will highlight the…
- Remarks at the ICI Investment Management Conferenceon March 20, 2023
Remarks at the ICI Investment Management Conference William A. Birdthistle, Director of Investment Management Palm Desert, California March 20, 2023
- SEC Office of Municipal Securities Issues FAQs for Registration of Municipal Advisorson March 20, 2023
The U.S. Securities and Exchange Commission’s Office of Municipal Securities today announced that it updated its Registration of Municipal Advisors Frequently Asked Questions webpage to add a section, entitled Completion of Form MA, Form MA-I, and Form…
- Remarks to Investment Company Institute 2023 Investment Management Conferenceon March 20, 2023
Remarks to Investment Company Institute 2023 Investment Management Conference Commissioner Mark T. Uyeda Palm Desert, CA March 20, 2023
- Statement on Retail Optionson March 17, 2023
Statement on Retail Options Commissioner Caroline A. Crenshaw March 17, 2023
- Responsibilities of Lead Auditors to Conduct High-Quality Audits When Involving Other Auditorson March 17, 2023
Responsibilities of Lead Auditors to Conduct High-Quality Audits When Involving Other Auditors Paul Munter Chief Accountant Mar. 17, 2023
- SEC Charges Cannabis Company American Patriot Brands, CEO, and Others with Fraudon March 16, 2023
The Securities and Exchange Commission today charged American Patriot Brands Inc. (APB), a cannabis cultivation and distribution company, its CEO, and five other entities and individuals for their participation in a long-running scheme in which they…