The Securities and Exchange Commission today proposed a rule to implement Section 27B of the Securities Act of 1933, a provision added by Section 621 of the Dodd-Frank Act. The rule is intended to prevent the sale of asset-backed securities (ABS) that… Full report at: Read More

SEC Charges Investment Club Manager for Misappropriating Investor Funds Read the full report at Read More

SEC Obtains Asset Freeze and Other Relief, Charges Miami Investment Advisers for Fraudulent Scheme Using Fabricated Audit Reports and Attorney Letters Read the full report at Read More

Defendant, Who Was Arrested and Jailed in a Federal Prison in Puerto Rico, Is Awaiting Transport to NYC On Parallel Criminal Charges Read the full report at Read More

SEC Charges Wisconsin Investment Adviser with Defrauding Senior Clients Read the full report at Read More

The Securities and Exchange Commission today announced an award of more than $28 million to joint whistleblowers who provided critical information and assistance in an SEC enforcement action. The joint whistleblowers’ detailed information prompted the… Full report at: Read More

SEC Obtains Over $5 Million Final Judgment Against Individual in Multi-Million Dollar Microcap Pump and Dump Scheme Read the full report at Read More

The Securities and Exchange Commission today announced that, starting on February 27, 2023, the fee rates applicable to most securities transactions will be set at $8.00 per million dollars.  Consequently, each self-regulatory organization will… Full report at: Read More

The Securities and Exchange Commission today announced settled charges against Bloomberg Finance L.P. (Bloomberg) for misleading disclosures relating to its paid subscription service, BVAL, which provides daily price valuations for fixed-income… Full report at: Read More

SEC Obtains Final Judgment Against Former Head of Investment Banking At Defunct Broker-Dealer Read the full report at Read More