Risk
Essential Prevention: Cybersecurity Has Never Been More Important
Allocators, money managers and regulators are realizing cybersecurity processes need continual updating.
Tag: Securities and Exchange Commission
Risk
SEC Charges Investment Firm for Fraudulent Coin Scam
Red Rock Secured allegedly tricked victims into selling off 401(k) assets to invest in coins at an exorbitant markup.
Regulation
House Republicans Seek to Block Funding for SEC Regulatory Agenda
House Financial Services Committee Chairman Patrick McHenry requested that five SEC rule proposals and planned hires not be funded in appropriations process.
Newsmakers
Founder, Former CIO of Infinity Q Sentenced to 15 Years
Ohio and Texas pension funds were among investors who lost millions as a result of James Velissaris’ fraud.
Newsmakers
Investors’ Use of Climate and Greenhouse Gas Information Is Growing, SEC Chair Says
Gensler defended the SEC’s climate disclosure rules at a CII conference.
Regulation
SEC Adopts T+1 Settlement Cycle
In addition to shortening the settlement cycle, the rules will improve the processing of institutional trades, regulator says.
Newsmakers
Bloomberg Settles SEC Charges of Misleading Pricing Disclosures
Firm pays $5 million fine related to its BVAL service’s fixed-income pricing.
Newsmakers
S&P Global Settles SEC Conflict of Interest Charges
Ratings agency agrees to $2.5 million fine over charges its sales and marketing team influenced analytics.
Newsmakers
SEC Rakes in Record $6.44 Billion in Penalties, Disgorgement in Fiscal 2022
Whistleblower program doles out $229 million.
Risk
Infinity Q Agrees to Settle SEC Overvaluation Charges
About $570 million to be returned to investors.
Regulation
SEC Approves New Rules for Proxy Voting
The new rule requires institutional investment managers to disclose their proxy votes on executive compensation and makes updates to Form NP-X.
Newsmakers
If the GOP Wins Congress, What Would That Mean for Investors?
Odds are strong that Republicans will prevail in the midterms. Look out IRS and SEC.
Regulation
Kim Kardashian Agrees to Pay SEC $1.26 Million for Touting Crypto
Reality TV star also agreed not to promote digital tokens for three years for failing to disclose promotional payment.
Regulation
SEC, CFTC Fine 11 Financial Firms Nearly $2 Billion for Recordkeeping Failures
The regulators say the violations impeded their ability to conduct investigations.
Regulation
SEC, CFTC Propose Reporting Changes to Keep Up With Private Fund Industry
Regulators cite rapid growth and the increased complexity of the private fund industry for need to amend confidential filing rules.