Category: SECActions

The Commission filed two new enforcement actions last week. One centered on a Ponzi scheme and involved 17 defendants. A second focused on an insider trading scheme. In addition, a default judgment was taken against former Coinbase manger Ishan Wahi, …

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Insider trading has long been one of the staples of the Commission’s enforcement program. While each of its cases is based on alleged violations of Exchange Act Section 10b, neither the statute nor the rule based on it, mention the …

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