Home / Tag Archives: SEC

Tag Archives: SEC

SEC Rejected the VanEck Spot Bitcoin ETF

SEC Securities and Exchange Commission VANECK

The Securities and Exchange Commission (SEC) rejected the VanEck spot Bitcoin ETF (VanEck Bitcoin Trust) as the company failed to show it is consistent with rules

Read More »

Registration of Two Digital Tokens Halted

Securities and Exchange Commission suspended trading cherry-picking

SEC instituted proceedings against American CryptoFed DAO LLC, a Wyoming-based organization, halting the effectiveness of the company’s registration of two digital tokens as securities. 

Read More »

SEC Charges Crowdfunding Portal, Issuer, and Related Individuals for Fraudulent Offerings

SEC Compliance

SEC charged three individuals and one issuer with conducting a fraudulent scheme to sell nearly $2 million of unregistered securities through two crowdfunding offerings.

Read More »

Prepared Remarks of Gary Gensler, Chair of the Securities and Exchange Commission, Before the American Bar Association Derivatives and Futures Law Committee Virtual Mid-Year Program

Gary Gensler SEC Chair

Thank you for the kind introduction. It’s good to be back with the American Bar Association’s Derivatives and Futures Law Committee.

Read More »

SEC Charges Investment Advisers With Cherry-Picking, Obtains Asset Freeze

Securities and Exchange Commission suspended trading cherry-picking

SEC announced that it has obtained an asset freeze and other emergency relief, and filed fraud charges, against a Miami-based investment professional and two investment firms for engaging in an alleged “cherry-picking” scheme in which they channeled millions of dollars in trading profits to preferred accounts.

Read More »

SEC Obtains Emergency Asset Freeze, Charges California Trader with Posting False Stock Tweets

ARCS Arcis Resources Corporation

According to the SEC's complaint, which was filed under seal in federal court in the Central District of California on March 2, 2021 and unsealed today, Andrew L. Fassari used the Twitter handle @OCMillionaire to tweet false statements about Arcis Resources Corporation (ARCS)

Read More »

SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity

Securities and Exchange Commission suspended trading cherry-picking

As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity

Read More »

SEC Suspends Trading in Inactive Issuer Touted SpectraScience on Social Media

SpectraScience Inc SCIE

The Securities and Exchange Commission today suspended trading in an inactive company amid questions surrounding online promotion of the company’s securities and recent trading activity.

Read More »

SEC Charges Investment Adviser and Others With Defrauding Over 17,000 Retail Investors

GPB Capital

SEC charged three individuals and their affiliated entities with running a Ponzi-like scheme that raised over $1.7 billion from securities issued by a New York-based asset management firm and registered investment adviser, GPB Capital.

Read More »

SEC Charges Deutsche Bank With FCPA Violations Related to Third-Party Intermediaries

Deutsche Bank

SEC charges against Deutsche Bank AG for violations of the Foreign Corrupt Practices Act (FCPA). As part of coordinated resolutions with the SEC and the Department of Justice, Deutsche Bank has agreed to pay more than $120 million,

Read More »