An operator of a website that listed and profiled offerings of digital asset securities settled SEC charges for failing to disclose compensation the operator received from the issuers of the digital asset securities.
News & Insights
22388 News Results
A broker-dealer settled FINRA charges for systemic failures, including failing to establish (i) a reasonable supervisory system for the firm's mutual fund and municipal bond businesses, and (ii) a reasonable system of supervisory controls to verify surveillance systems.
A dual-registered broker-dealer and investment adviser reached parallel settlements with the SEC and New York Attorney General to resolve charges for inaccurate and misleading statements and failing to sufficiently disclose conflicts of interest to participants in employer-sponsored retirement plans.
A special purpose acquisition corporation, its sponsor, CEO and proposed merger target settled SEC charges for misrepresentations and due diligence failures that led to investors purchasing stock in the merged company. In a related Complaint filed in the U.S. District Court for the District of Columbia, the SEC charged the merger target's CEO with misrepresentations of material facts.
The CFTC Market Risk Advisory Committee adopted the "Secured Overnight Financing Rate First" recommendation developed by MRAC's Interest Rate Benchmark Reform Subcommittee.