SEC to Focus on Private Silicon Valley Companies
In recent speeches and presentations, the Securities and Exchange Commission indicated its increasing concern with private companies and...
Standard Bank Pays $36.9m to Settle SEC and UK Fraud Charges
Standard Bank Plc agreed to pay $36.9 million to settle charges with the Securities and Exchange Commission and United Kingdom’s Serious...
Hitachi Pays $19m Penalty for Violating Foreign Bribery Law
Hitachi agreed to pay $19 million to settle charges with the SEC that it violated the Foreign Corrupt Practices Act (FCPA) when it...
Stein Mart Agrees to Pay $800k to Misstatements of Pre-Tax Income
Stein Mart agreed to pay $800k penalty to settle the Securities and Exchange Commission's charges that it materially misstated its...
SEC Charges Five Individuals in Arizona with Running Ponzi-investment Scheme
The SEC charged five Arizona residents with scheming investors out of millions that instead of being used to purchase property and...
SEC Charges Individuals For Fraud in Reverse Chinese Mergers
The Securities and Exchange Commission (SEC) charged Wall Street CEO, Benjamin Wey, his company, New York Global Group, members of his...
Feds Investigate JPMorgan For Steering Clients Into Its Own Funds
The Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) are probing whether JPMorgan steered its...
Guggenheim Agrees to Pay $20m for Failed Disclosure of Conflict of Interest
Guggenheim Partners Investment Management LLC agrees to pay $20m to the Securities and Exchange Commission after failing to disclose to...
SEC Issues Alert About Stock Promotions
The Securities and Exchange Commission has issued an alert to investors regarding the fraulent promotion of stocks to drive up the stock...
SEC to Require Disclosure of Pay Gap
As part of the Dodd-Frank Wall Street Reform Act, the SEC is set to implement a rule that will require corporation to publicly disclose...
