The Securities and Exchange Commission today announced the appointments of Corey Klemmer, Adam Large, Mika Morse, Sirimal Mukerjee, and Sai Rao to Chair Gary Gensler’s policy staff, led by the Policy Director Heather Slavkin Corzo. “I am pleased that… Read the Full Press Release Have a securities law question? Call […]
Author: SECLaw Staff
SEC Charges Executives of Network Infrastructure Company With Accounting Fraud
The Securities and Exchange Commission today charged the former CEO and CFO of FTE Networks Inc., a network infrastructure company formerly based in Naples, Florida, with conducting a multi-year accounting fraud. This alleged scheme involved inflating… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
Daniel S. Kahl Appointed Acting Director of the Division of Examinations; Peter B. Driscoll to Depart Agency
The Securities and Exchange Commission today announced that Peter B. Driscoll, the Director of the Division of Examinations, will depart the agency effective Aug. 14. Daniel Kahl, the Division’s Deputy Director, will be named Acting Director upon Mr… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
ICO “Listing” Website Charged With Unlawfully Touting Digital Asset Securities
The Securities and Exchange Commission today announced settled charges against the operator of Coinschedule.com, a once-popular website that profiled offerings of digital asset securities. The SEC’s order finds that United Kingdom-based Blotics Ltd… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]
SEC Announces $97 Million Enforcement Action Against TIAA Subsidiary for Violations in Retirement Rollover Recommendations
The Securities and Exchange Commission today announced that TIAA-CREF Individual & Institutional Services LLC (TC Services), a subsidiary of Teachers Insurance and Annuity Association of America (TIAA), will pay $97 million to settle charges of… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Charges SPAC, Sponsor, Merger Target, and CEOs for Misleading Disclosures Ahead of Proposed Business Combination
The Securities and Exchange Commission today announced charges against special purpose acquisition corporation Stable Road Acquisition Company, its sponsor SRC-NI, its CEO Brian Kabot, the SPAC’s proposed merger target Momentus Inc., and Momentus’s… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]
SEC Charges TheBull with Selling “Insider Trading Tips” on the Dark Web
The Securities and Exchange Commission today charged Apostolos Trovias, a Greek national, with perpetrating a fraudulent scheme to sell what he called “insider trading tips” on the Dark Web. The Dark Web, which facilitates anonymity by obscuring users’… Read the Full Press Release Have a securities law question? Call Sallah […]
SEC Charges Company and Two Executives for Misleading COVID-19 Disclosures
The Securities and Exchange Commission today announced charges against Parallax Health Sciences Inc. for making misleading statements about its efforts to fight COVID-19. The SEC also charged Parallax’s Chief Executive Officer Paul Arena and its… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
Ex-Wells Fargo Duo With $580M AUM Goes Independent With LPL
Ex-Wells Fargo Duo With $580M AUM Goes Independent With LPL: Arise Private Wealth operates in Rolling Hills Estates, Calif. The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a national securities lawyer with the law firm of Sallah Astarita & Cox, LLC
UBS To Let Two-Thirds Of Employees Adopt Permanent Hybrid Work
UBS To Let Two-Thirds Of Employees Adopt Permanent Hybrid Work: The move by UBS is in stark contrast with many of its U.S. rivals that are calling most workers back to the office. The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a national securities lawyer with […]
