The Commission filed its annual tabulation of Enforcement statistics in a Release dated November 15, 2022 (here). The array of statistic compiled in FY 2022 provides insight into the work of the Enforcement Division over the past year. Key topics …
The Commission filed its annual tabulation of Enforcement statistics in a Release dated November 15, 2022 (here). The array of statistic compiled in FY 2022 provides insight into the work of the Enforcement Division over the past year. Key topics …
This past week FTX filed for bankruptcy. While the second largest crypto exchange may have thought it couldn’t get worse, it did. FTX has discovered a hack that may have resulted in a large loss, according to the Washington Post. …
This Week In Securities Litigation (Week of November 14, 2022) Read More »
EXAMS – the Division of Examinations – published a Risk Alert on November 10, 2022, providing its Observations Related to Regulation NMS Rule 606 Disclosures (here). That Rule requires broker-dealers to provide enhanced disclosures about the handling of customer orders. …
EXAMS and Implementing Reg NMS Rule 606 Disclosures Read More »
Crypto assets are now a key focus for the Commission and a topic of interest to the public. While many have clamored for new regulations to govern the assets, that seems unlikely for at least the immediate future if not …
Crypto assets are now a key focus for the Commission and a topic of interest to the public. While many have clamored for new regulations to govern the assets, that seems unlikely for at least the immediate future if not …
The Commission continued to file new cases in a variety of areas. The areas addressed this week include; insider trading, offering fraud, financial fraud, and crypto actions. The agency also proposed a series of new rulers for funds and the …
This Week In Securities Litigation (Week of November 7, 2022) Read More »
Fraudsters typically craft a sales pitch for would be investors designed to entice them into turning over their money for a claimed investment that only later becomes known as a fraudulent scheme. Earlier this week, for example, the Commission filed …
Fraudulent schemes often key to inducing investors to place their trust in the fraudster. While it often seems simple to avoid the would be fraudster when standing back and reading court pleadings and other documents about a fraud, it clearly …
Last week the Commission filed new actions involving a boiler room operation, a cherry-picking scheme, insider trading, financial misstatements and market manipulation. In addition, the agency announced the settlement of a number of cases. Be careful, be safe this week …
This Week In Securities Litigation (Week of October 31, 2022) Read More »