Securities Law

SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency

June 6, 2023

The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the… Full report at: Read More

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SEC Files 13 Charges Against Binance Entities and Founder Changpeng Zhao

June 5, 2023

The Securities and Exchange Commission today charged Binance Holdings Ltd. (“Binance”), which operates the largest crypto asset trading platform in the world, Binance.com; U.S.-based affiliate, BAM Trading Services Inc. (“BAM Trading”), which, together… Full report at: Read More

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Small Business Advisory Committee June Meeting to Focus on Capital Raising and Reducing Funding Gaps for Underrepresented Founders

June 2, 2023

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Wednesday, June 14. The Committee will start the morning session by hearing from its members about marketplace… Full report at: Read More

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Auctus Fund Management, LLC, Louis Posner, and Alfred Sollami

June 1, 2023

SEC Charges Massachusetts-Based Firm and Its Co-Owners with Acting as Unregistered Securities Dealers Read the full report at Read More

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Marshall E. Melton and Integrated Consulting & Management, LLC

June 1, 2023

SEC Charges Repeat Securities Law Violator with New Offering Fraud Read the full report at Read More

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Chimene Van Gundy, Outstanding Real Estate Solutions, Inc., Michael Trofimoff, Santos Kidd, and Maria Tosta

May 31, 2023

SEC Charges Self-Proclaimed ‘Queen of Mobile Homes’ and Three Salespeople with Fraud in Mobile Home Investment Scheme Read the full report at Read More

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Engler, et al.

May 30, 2023

SEC Settles IIIicit Trading Case Against Two Former Registered Representatives Read the full report at Read More

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Former Wells Fargo Senior Executive Carrie Tolstedt Agrees to Settle SEC Fraud Charges for Misleading Investors About Abusive Sales Practices to Inflate a Key Performance Metric

May 30, 2023

The Securities and Exchange Commission today announced its settlement with the former head of Wells Fargo & Co.’s Community Bank, Carrie L. Tolstedt, in which she has agreed to pay a $3 million penalty stemming from charges brought in 2020 for her… Full report at: Read More

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Former Coinbase Manager and His Brother Agree to Settle Insider Trading Charges Relating to Crypto Asset Securities

May 30, 2023

The Securities and Exchange Commission today announced that former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, agreed to settle charges that they engaged in insider trading through a scheme to trade ahead of multiple announcements… Full report at: Read More

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The Hydrogen Technology Corporation, Michael Ross Kane, and Tyler Ostern

May 26, 2023

SEC Obtains Judgments Against the Hydrogen Technology Corp. and Its Former CEO in Market Manipulation of Crypto Asset Securities Read the full report at Read More

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