The SEC has charged Celsius Network Limited and its founder, Alex Mashinsky, for violating registration and anti-fraud provisions of the federal securities laws by offering unregistered products, making false and misleading statements to investors, and engaging in market manipulation.
The SEC has charged six individuals for their involvement in a multi-million dollar Ponzi-like fraud scheme orchestrated by criminal recidivist Eliyahu Weinstein, resulting in at least $38 million taken from 150 investors.
The SEC has filed charges against investor Joseph C. Lewis for illegally tipping material non-public information to his associates, as well as those associates using the information to make trades and garner profits of more than $545,000.
The SEC has charged Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC) with fraud for making material misrepresentations in forms filed with the SEC as part of its IPO and proposed merger with Trump Media & Technology Group Corp., resulting in an $18 million penalty.
The SEC has adopted rules requiring registrants to disclose material cybersecurity incidents and implement an annual disclosure regarding their strategy for managing cybersecurity risk.
The Securities and Exchange Commission has convened a Joint Public Roundtable with the North American Securities Administrators Association and the Wisconsin Department of Financial Institutions on July 25, 2023 to discuss retail investor issues.
The SEC announced that Natasha Vij Greiner and Keith E. Cassidy have been appointed as interim Acting Co-Directors of the Division of Examinations while Division Director Richard Best is on medical leave.