SECLaw https://seclaw.com/ The Law of the Financial Markets from Top Securities Lawyers Wed, 23 Apr 2025 08:53:53 +0000 en-US hourly 1 https://seclaw.com/wp-content/uploads/2015/12/cropped-nysenight-1-2-32x32.jpg SECLaw https://seclaw.com/ 32 32 136881990 SEC Charges PGI Global Founder with $198 Million Crypto Asset and Foreign Exchange Fraud Scheme https://seclaw.com/sec-charges-pgi-global-founder-with-198-million-crypto-asset-and-foreign-exchange-fraud-scheme/ https://seclaw.com/sec-charges-pgi-global-founder-with-198-million-crypto-asset-and-foreign-exchange-fraud-scheme/#respond Wed, 23 Apr 2025 08:53:53 +0000 https://seclaw.com/?p=24205 The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investor funds. According to the… SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and for misappropriating more than $57 million of investor funds.

According to the…

SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> https://seclaw.com/sec-charges-pgi-global-founder-with-198-million-crypto-asset-and-foreign-exchange-fraud-scheme/feed/ 0 24205 Paul S. Atkins Sworn In as SEC Chairman https://seclaw.com/paul-s-atkins-sworn-in-as-sec-chairman/ https://seclaw.com/paul-s-atkins-sworn-in-as-sec-chairman/#respond Tue, 22 Apr 2025 08:53:52 +0000 https://seclaw.com/?p=24203 Paul S. Atkins was sworn into office today as the 34th Chairman of the Securities and Exchange Commission. Chairman Atkins was nominated by President Donald J. Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025. “I am honored… SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> Paul S. Atkins was sworn into office today as the 34th Chairman of the Securities and Exchange Commission.

Chairman Atkins was nominated by President Donald J. Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025.

“I am honored…

SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> https://seclaw.com/paul-s-atkins-sworn-in-as-sec-chairman/feed/ 0 24203 SEC Awards $6 Million to Joint Whistleblowers https://seclaw.com/sec-awards-6-million-to-joint-whistleblowers/ https://seclaw.com/sec-awards-6-million-to-joint-whistleblowers/#respond Mon, 21 Apr 2025 21:02:51 +0000 https://seclaw.com/?p=24201 The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led to the opening of an examination and provided a roadmap for an enforcement action that resulted in… SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led to the opening of an examination and provided a roadmap for an enforcement action that resulted in…

SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> https://seclaw.com/sec-awards-6-million-to-joint-whistleblowers/feed/ 0 24201 SEC Staff Issues Guidance on Disclosure Requirements for Crypto-Related Securities Offerings https://seclaw.com/sec-staff-issues-guidance-on-disclosure-requirements-for-crypto-related-securities-offerings/ https://seclaw.com/sec-staff-issues-guidance-on-disclosure-requirements-for-crypto-related-securities-offerings/#respond Fri, 18 Apr 2025 14:04:18 +0000 https://seclaw.com/?p=24196 On April 10, 2025, the SEC’s Division of Corporation Finance released a staff statement outlining its views on the disclosure obligations under federal securities laws for securities offerings and registrations that may involve issuers operating in the crypto asset sector. The Staff highlighted recurring disclosure issues identified during its reviews […]

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> On April 10, 2025, the SEC’s Division of Corporation Finance released a staff statement outlining its views on the disclosure obligations under federal securities laws for securities offerings and registrations that may involve issuers operating in the crypto asset sector. The Staff highlighted recurring disclosure issues identified during its reviews of filings submitted under the Securities Act of 1933 and the Securities Exchange Act of 1934 by companies engaged with networks, applications, or crypto assets.

The statement aims to clarify the Staff’s current interpretive position while the SEC’s Crypto Task Force continues its broader regulatory work.

Akin Gump has posted an analysis of the release at its website.

Sallah Astarita & CoxRepresenting Advisors and Investors, Nationwide.

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> https://seclaw.com/sec-staff-issues-guidance-on-disclosure-requirements-for-crypto-related-securities-offerings/feed/ 0 24196 SEC’s Anti-Fraud Public Service Campaign Warns Investors About Relationship Investment Scams https://seclaw.com/secs-anti-fraud-public-service-campaign-warns-investors-about-relationship-investment-scams/ https://seclaw.com/secs-anti-fraud-public-service-campaign-warns-investors-about-relationship-investment-scams/#respond Fri, 18 Apr 2025 08:59:49 +0000 https://seclaw.com/?p=24194 The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today unveiled its anti-fraud public service campaign, which warns investors about the devastating impact relationship investment scams can have on their financial… SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today unveiled its anti-fraud public service campaign, which warns investors about the devastating impact relationship investment scams can have on their financial…

SEC Press Release

SECLaw SECLaw.com is the online source of securities law new, tips and commentary. Online since 1995 it is the recognized leader in the area, so much so that other websites have been reduced to using "seclaw" in their website names in an effort to gain from the site's popularity.

]]> https://seclaw.com/secs-anti-fraud-public-service-campaign-warns-investors-about-relationship-investment-scams/feed/ 0 24194