SEC, FINRA Enforcement Roundup: Fund Execs First to Face Charges of Overvaluing Assets
Three top executives of KCAP Financial Inc., a New York-based publicly traded fund being regulated as a business development company, have been charged by the SEC with overstating the fund’s assets during the financial crisis.
a complaint against the president and owner of a Polish-born brokerage firm for targeting the Polish...
SEC Shares Details of Merrill's $10 Million Fraud Settlement
SEC brought charges of securities fraud involving issues at Merrill Lynch from 2002 to 2007.
SEC Adds to Enforcement Division
WASHINGTON (HedgeWorld.com)--The Securities and Exchange Commission named Scott W. Friestad as associate director for the Division of Enforcement. Mr. Friestad previously was an assistant director in the Division of Enforcement, where he oversaw investigations involving Regulation FD, public company accounting and disclosure, the Foreign Corrupt Practices Act, insider trading, and...