SEC Uses First-of-Its-Kind Deferred Prosecution Agreement
Deal signals that "the agency will be pushing harder to proactively encourage people to come forward with evidence," lawyer Steve Crimmins says.
SEC Enforcement: RBS Securities to Pay $150M for Misleading Investors
Among other recent SEC actions was an emergency freeze order in a scheme involving phony investments in New Zealand dialysis clinics.
SEC Slaps 3 Advisors for Custody Violations
The SEC on Monday sanctioned three SEC-registered advisory firms for violating the custody rule.
SEC Crackdown Nabs 3 Advisors for Shoddy Compliance Programs
Sanctions came a day after SEC chief Mary Jo White said that the agency was going after advisors who ignored repeated warnings.
New Hire Roundup: FPA Welcomes David Brand Back to the Fold
Also this week, Securities America names a director of practice succession and acquisition and a new member for its recruiting team, while an SEC litigator joins WIlmerHale.
TD Bank to Pay SEC $15M for Aiding Ponzi Schemer
The SEC on Monday charged TD Bank and a former executive in connection with a massive scheme by Scott Rothstein, who is in prison.
SEC Enforcement: 23 Firms Nailed in Short Selling Crackdown
The SEC brought charges against 23 firms for short selling prior to stock offerings and against a fake advisor for bilking clients.
JPMorgan to Pay $920 Million Penalty for London Whale Losses
JPMorgan Chase has agreed to pay $920 million to settle charges brought in a coordinated global settlement.
SEC Names Jarcho Associate Exam Director for Advisors
She will oversee a staff of 450 lawyers, accountants and examiners responsible for inspections of U.S.-registered advisors
Hedge Fund Manager Falcone Agrees to Pay $18M to SEC, Admits Wrongdoing
Hedge fund manager Philip Falcone and his advisory firm, Harbinger Capital Partners, settled their fraud case with the SEC on Monday...