Money
SEC Charges New York Man In $74 Million Pre-IPO Fraud
The SEC accuses a New York boiler room operator and three entities he controlled of defrauding retail investors in a $74 million pre-IPO scheme.
US, UK Regulators Test Response to CCP Crisis Scenario
Top US and UK financial regulators ran a tabletop exercise on cross-border central counterparty resolution, signaling heightened focus on systemic risk.
SEC Charges NJ Founder In Alleged $16M Ponzi Scheme
The SEC accuses Ernest Ossei Boateng and two New Jersey firms of running a $16 million Ponzi scheme that defrauded more than 200 investors.
SEC Proposes New Rules For Crypto Investment Contracts
The SEC has proposed “Regulation Crypto Assets,” a new framework aimed at clarifying rules for certain crypto-related investment contracts.
SEC Charges Former Tricolor Executives Over $1.9B Collapse
The SEC accused three former Tricolor Holdings executives of a multi-year fraud scheme tied to the subprime auto lender’s $1.9 billion collapse.
SEC Proposes Adding EU Debt to Exempted Securities List
The SEC proposed amendments that would classify European Union debt obligations as exempted securities under the Exchange Act, easing trading rules.
SEC Proposes Overhaul Of Rules For Transfer Agents
The SEC has proposed updated rules and forms governing registered transfer agents, citing their expanded and more complex role in securities markets.
SEC Panel To Examine AI’s Role In Markets
The SEC’s Investor Advisory Committee will meet Sept. 10 to discuss artificial intelligence’s growing influence on public markets and investor protection.
