The Securities and Exchange Commission’s Division of Examinations today announced its 2021 examination priorities, including a greater focus on climate-related risks. The Division will also focus on conflicts of interest for brokers (Regulation Best… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
Month: March 2021
SEC Announces Enforcement Task Force Focused on Climate and ESG Issues
The Securities and Exchange Commission today announced the creation of a Climate and ESG Task Force in the Division of Enforcement. The task force will be led by Kelly L. Gibson, the Acting Deputy Director of Enforcement, who will oversee a… Read the Full Press Release Have a securities law […]
Robinhood to allow ‘limited’ buys of GameStop, AMC, others on Friday
Online trading app Robinhood said late Thursday that starting tomorrow it will allow "limited buys" of securities such as GameStop Corp. undefined, AMC…
3M, DuPont And J&J: A Fresh Take On 3 Old-Time Names
3M, DuPont And J&J: A Fresh Take On 3 Old-Time Names Welcome to FOMO — the Fear of Missing Out, cautions Chuck Carlson, a leading expert on dividend reinvestment plans, the editor of DRIP Investor and a contributor to MoneyShow.com. #securitieslawyer #securitieslaw #securitiesattorney https://www.forbes.com/sites/moneyshow/2021/03/05/3m-dupont-and-jj-a-fresh-take-on-3-old-time-names/
SEC Charges AT&T and Three Executives with Selectively Providing Information to Wall Street Analysts
The Securities and Exchange Commission today charged AT&T, Inc. with repeatedly violating Regulation FD, and three of its Investor Relations executives with aiding and abetting AT&T’s violations, by selectively disclosing material nonpublic… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.
Dow Plunges Nearly 700 Points After Powell’s Speech Fails To Ease Investor Worries
Dow Plunges Nearly 700 Points After Powell’s Speech Fails To Ease Investor Worries The Fed chair said recently rising bond yields were “notable” and caught his attention–a worrying sign for investors concerned over sky-high valuations. #securitieslawyer #securitiesattorney https://www.forbes.com/sites/jonathanponciano/2021/03/04/dow-plunges-nearly-700-points-after-powells-speech-fails-to-ease-investor-worries/
SEC Issues Over $5 Million to Joint Whistleblowers Located Abroad
The Securities and Exchange Commission today announced an award of over $5 million to joint whistleblowers whose tip caused the opening of an investigation that resulted in a successful enforcement action. The whistleblowers provided significant… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Investor Advisory Committee to Meet Remotely On March 11
The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting on March 11 by remote means. The meeting will begin at 10:00 a.m. ET, is open to the public via live webcast, and will be archived on the… Read the Full Press Release Have a securities law question? Call Sallah […]
Securiteis Fraud Charges in 45 Million Fraudulent Scheme
The Securities and Exchange Commission today charged seven individuals and a technology company in connection with a fraudulent scheme to gain control of Airborne Wireless Network, promote its stock, and defraud investors. According to the SEC’s complaint, Kalistratos “Kelly” Kabilafkas secretly purchased essentially all the outstanding stock of the shell […]
Alibaba’s Results Cast Aside Jack Ma’s Omission From List Of Entrepreneurs
Alibaba’s Results Cast Aside Jack Ma’s Omission From List Of Entrepreneurs The notable news overnight was the release of the Shanghai Securities News commentary celebrating top entrepreneurs that highlighted Tencent’s founder Pony Ma but out Jack Ma. We know that Jack is in the regulator’s doghouse so this may not […]
