The Securities and Exchange Commission today sued ICOBox and its founder Nikolay Evdokimov for conducting an illegal $14 million securities offering of ICOBox’s digital tokens and for acting as unregistered brokers for other digital asset offerings.… from Press Releases https://ift.tt/308DJHt via IFTTT
Category Archives: SEC
SEC Halts Alleged $125 Million Offering Fraud
The Securities and Exchange Commission today announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against three individuals and three entities in connection with an alleged fraudulent,… from Press Releases https://ift.tt/2OeZgrL via IFTTT
SEC Proposes Rules to Update Statistical Disclosures for Banking Registrants
The Securities and Exchange Commission today announced that it has proposed rules to update the statistical disclosures that bank and savings and loan registrants provide to investors, and eliminate disclosures that overlap with Commission rules, U.S.… from Press Releases https://ift.tt/2ApFRvV via IFTTT
Raymond James Agrees to Pay $15 Million for Improperly Charging Retail Investors
The Securities and Exchange Commission today instituted a settled order against three Raymond James entities for improperly charging advisory fees on inactive retail client accounts and charging excess commissions for brokerage customer investments in… from Press Releases https://ift.tt/30l1tnK via IFTTT
Two Broker-Dealers to Pay $4.65 Million in Penalties for Providing Deficient Blue Sheet Data
The Securities and Exchange Commission today announced that Stifel, Nicolaus & Co., Inc. has agreed to pay $2.7 million and BMO Capital Markets Corp. has agreed to pay $1.95 million to settle charges for providing incomplete and inaccurate… from Press Releases https://ift.tt/31yBw5K via IFTTT
SEC Charges Prudential Subsidiaries For Misleading Funds They Advised, Generating Tens of Millions in Tax Benefits for Prudential
The Securities and Exchange Commission today charged two subsidiaries of Prudential Financial Inc. with failing to disclose conflicts of interest and making misleading disclosures to the boards for 94 funds they advised. According to the SEC’s order,… from Press Releases https://ift.tt/303t69M via IFTTT
SEC Charges Silicon Valley-Based Issuer With Misleading Disclosure Violations
The Securities and Exchange Commission today announced that Marvell Technology Group, Ltd. will pay $5.5 million to settle charges that it misled investors when it engaged in an undisclosed revenue management scheme in order to meet publicly-issued… from Press Releases https://ift.tt/2IagHWB via IFTTT
James M. Daly, Division of Corporation Finance Associate Director, to Retire from the SEC After More Than 38 Years of Service
The Securities and Exchange Commission today announced that James M. Daly, Division of Corporation Finance Associate Director, will retire at the end of the month after more than 38 years of service at the SEC. As an Associate Director overseeing the… from Press Releases https://ift.tt/2Ndi3Uj via IFTTT
SEC Proposes Transparency and Financial Accountability Amendments to the CAT NMS Plan
The Securities and Exchange Commission today voted to propose amendments to the national market system plan governing the Consolidated Audit Trail (the “CAT NMS Plan”). The proposed amendments to the CAT NMS Plan would require self-regulatory… from Press Releases https://ift.tt/2A7vVqA via IFTTT
Chandler Smith Costello Named Deputy Director for Public Affairs
The Securities and Exchange Commission today announced Chandler Smith Costello has been named Deputy Director for the Office of Public Affairs. Costello comes to the SEC from the Office of Senate Majority Whip John Thune where she served as his… from Press Releases https://ift.tt/2HUdUR0 via IFTTT
SEC Investigations 