The SEC has issued charges against D. E. Shaw & Co., L.P. and settled that they will pay a $10 million penalty for taking actions that impede individuals from communicating directly with the SEC staff about possible securities law violations.
The SEC proposed tailored disclosure requirements and offering processes for offerings of registered index-linked annuities (RILAs) to improve the disclosure process for these complex products.
The SEC, MSRB, and FINRA are offering a virtual Compliance Outreach Program to cultivate open dialogue between regulators and market professionals regarding the current rules in place to protect municipal securities investors and issuers.
The SEC announced that Monolith Resources LLC violated the SEC's whistleblower protection rules and were required to pay a civil penalty of $225,000.
The SEC announced charges against nine investment advisers for advertising hypothetical performance without following Policies and Procedures required by the Marketing Rule and agreed to pay a combined penalty of $850,000.
The SEC charged Stoner Cats 2 LLC with violating the Securities Act of 1933 by conducting an unregistered public offering of crypto asset securities, raising more than $8 million from investors.
The SEC found that Marcum's quality control leader, Giugliano, did not adequately address numerous quality control and audit standard violations which resulted in a $75,000 civil penalty and censure.