All Securities and Exchange Commission articles – Page 62

Blog
CFTC, SEC issue joint enforcement warning on virtual currencies

2018-01-19T11:30:00Z

The CFTC and SEC have issued a warning regarding virtual currencies. They “will look beyond form, examine the substance of the activity, and prosecute violations of the federal securities and commodities laws.”
Blog
Peirce, Jackson sworn in as SEC commissioners

2018-01-12T10:15:00Z

Robert Jackson, a democrat, and Hester Peirce, a republican, were sworn in as SEC commissioners this week, filling two vacant seats that lingered as such through two presidential administrations.
Blog
Ciena discloses FCPA probe

2017-12-27T12:45:00Z

Telecommunications company Ciena disclosed in its latest annual report that it has initiated an internal investigation into potential violations of the Foreign Corrupt Practices Act and voluntarily notified U.S. authorities.
Blog
Associate director of SEC Enforcement Division leaving the agency

2017-12-27T11:15:00Z

Gerald Hodgkins, an Associate Director of the Division of Enforcement at the Securities and Exchange Commission, will leave the agency at the end of this year for private practice, the agency announced.
Blog
SEC charges operators of $1.2B Ponzi Scheme

2017-12-27T11:00:00Z

The Securities and Exchange Commission announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors in a $1.2 billion Ponzi scheme.
Article
Tax reform produces tax scramble for public companies

2017-12-26T08:45:00Z

With tax reform a reality, public companies are facing new planning opportunities and new provision and reporting obligations that create a mountain of transition work.
Blog
Could companies get relief from tax reform year-end reporting?

2017-12-20T11:00:00Z

With tax reform nearly law, the focus for public companies is shifting to whether companies might get some relief from enormous year-end reporting burdens.
Blog
SEC awards company insider $4.1M for whistleblower tip

2017-12-05T12:45:00Z

The SEC today announced an award of more than $4.1 million to a former company insider who alerted the agency to a widespread, multi-year securities law violation and continued to provide important information and assistance throughout the SEC’s investigation, making it the third whistleblower award in the past week.
Blog
SEC ratifies appointment of administrative law judges

2017-12-04T14:15:00Z

The Securities and Exchange Commission has ratified its prior appointment of Chief Administrative Law Judge Brenda Murray and Administrative Law Judges Carol Fox Foelak, Cameron Elliot, James Grimes, and Jason Patil.
Blog
SEC awards $16M to two whistleblowers

2017-12-04T12:00:00Z

The Securities and Exchange Commission awarded more than $8 million each to two whistleblowers whose critical information and continuing assistance helped the agency successfully bring an enforcement action.
Blog
SEC Division of Corporation Finance Chief Accountant to leave agency

2017-12-04T11:15:00Z

The Securities and Exchange Commission announced that Mark Kronforst, chief accountant of the SEC’s Division of Corporation Finance, plans to leave the SEC in early January.
Blog
Obsidian Energy to pay $8.5M for accounting fraud charges

2017-11-17T14:45:00Z

Obsidian Energy said it has reached an $8.5 million settlement with the U.S. Securities and Exchange Commission to resolve accounting fraud charges filed earlier this year.
Blog
SEC charges Osiris Therapeutics with accounting fraud

2017-11-03T15:15:00Z

The Securities and Exchange Commission this week charged biotech company Osiris Therapeutics and four former top executives with prioritizing revenue growth over lawful accounting and misleading investors in the process.
Blog
Charles Cain named chief of FCPA Unit

2017-11-03T14:30:00Z

The Securities and Exchange Commission has named Charles Cain chief of the Enforcement Division's national specialized Foreign Corrupt Practices Act Unit that focuses on violations of the anti-bribery provisions of the federal securities laws.
Article
SEC nominees make their pitch for long-empty seats

2017-10-31T00:30:00Z

Questions about cyber-security, insider trading, materiality, and individual accountability greeted SEC nominees appearing before the Senate Banking Committee.
Blog
Congressional hearing puts SEC nominees in the spotlight

2017-10-25T13:45:00Z

This week, the Senate Banking Committee held its first nomination hearing for Hester Peirce and Robert Jackson, President Trump’s nominees for to serve as SEC commissioners.
Blog
SEC: Compliance officer stole $9M from charity

2017-10-24T14:30:00Z

The Securities and Exchange Commission has charged a chief compliance officer with defrauding a non-profit charitable foundation out of $9 million over the course of twelve years.
Blog
Senate committee schedules hearing for SEC nominees

2017-10-18T11:45:00Z

On Oct. 24, the Senate Banking Committee will hold a hearing on President Trump’s nominations of Hester Peirce, a Republican, and Robert Jackson, a Democrat, to be SEC Commissioners.
Blog
SEC reshapes Regulation S-K disclosures, marches forward on LEIs

2017-10-13T11:00:00Z

The SEC has proposed a plan, as mandated by the FAST Act, to simplify and modernize the Regulation S-K disclosure regime. New rule amendments would also accelerate the use of Legal Entity Identifiers by public companies.
Article
Beyond the breach: SEC’s Clayton on clawbacks, fiduciary rules, and materiality

2017-10-03T09:45:00Z

While much of his time before the Senate Banking Committee last week focused on a newly disclosed 2016 data breach, SEC Chairman Jay Clayton weighed in on numerous other topics.