Tag: #sec

CFTC Sues Goliath Ventures and CEO Christopher Delgado in $397 Million Crypto Ponzi Case

CFTC sued Goliath Ventures and CEO Christopher Delgado, alleging a $397M bitcoin/ether Ponzi that victimized about 1,600 customers.

#cftc, #crypto, #ponzi, #sec, #fraud

SEC Creates Financial Reporting and Accounting Unit to Target Accounting Fraud

On Aug. 5 the SEC announced a new Enforcement Division Financial Reporting and Accounting Unit, led by Timothy Zimmerman, to pursue accounting and reporting fraud.

#sec, #accounting, #enforcement, #securities, #fraud

Senate Memo Says Trump-Linked $TRUMP Meme Coin Lost 97% of Value, Leaving About 1 Million Holders 'Nearly Wiped Out'

A July 27 Senate minority memo says the Trump-linked $TRUMP meme coin plunged about 97% since launch, leaving roughly 1 million holders with steep losses.

#crypto, #trump, #senate, #sec

Amgen discloses material cybersecurity incident after data exfiltration from third‑party cloud environments

Amgen disclosed a material cybersecurity incident in a July SEC filing, saying unauthorized activity in third‑party cloud environments led to exfiltration of proprietary and patient data.

$AMGN, #amgen, #cybersecurity, #biotech, #sec

SEC Proposes Rescinding Order-Protection Rule (Rule 611) and Locked/Crossed-Quote Ban

SEC proposes rescinding Rule 611 and Rule 610(e) of Regulation NMS, opening a 60-day comment period as it reviews equity market-structure rules.

#sec, #regulationnms, #marketstructure, #rulemaking

Supreme Court Rules SEC May Seek Disgorgement Without Proving Investor Losses

In a unanimous June 4 opinion, the Supreme Court held the SEC can seek disgorgement without first proving investors suffered pecuniary losses.

#supremecourt, #sec, #disgorgement, #securities

SEC Proposes Rescinding 2024 Climate-Disclosure Rule, Opens Public Comment

The SEC proposed on May 29 to rescind its 2024 climate-disclosure rule, shifting the fight from court defense to rulemaking and public comment.

#sec, #climate, #disclosure, #rulemaking

SEC proposes to rescind 2024 climate-disclosure rule

The SEC proposed formally rescinding its 2024 climate-disclosure rule, opening a 60-day comment period and seeking to erase the standardized climate-reporting framework.

#sec, #climate, #disclosure, #regulation

Georgia’s Daniel Jackson wins rare 2026 SEC regular-season Triple Crown, named Player of the Year

Georgia catcher Daniel Jackson won the 2026 SEC regular-season Triple Crown and was named SEC Player of the Year after a standout power-speed season.

#collegebaseball, #sec, #georgiabulldogs, #danieljackson

SEC Proposes Major Rewrite of Registered Offerings and Public-Company Reporting

SEC proposes broad overhaul of registered offerings and filer categories to ease capital raising and expand scaled reporting relief for smaller issuers.

#sec, #securities, #regulation, #ipos

SEC Rescinds Decades-Old 'No-Deny' Settlement Policy and Will Not Enforce Past Provisions

The SEC removed Rule 202.5(e), ending decades of 'no-deny' settlement provisions and saying it will not enforce existing no‑deny clauses.

#sec, #securities, #regulation, #enforcement

SEC Moves to Rescind 2024 Climate-Disclosure Rule, Sends Proposal for White House Review

The SEC submitted a proposed rescission of its 2024 climate-disclosure rule to OIRA on May 4, signaling a formal move to undo the rule and reopen review.

#sec, #climate, #regulation, #disclosure

Hub Group Expands Scope of Accounting Problems, Says 2023 and 2024 Audited Statements 'Should No Longer Be Relied On'

Hub Group's audit committee says audited financial statements for 2023 and 2024 were materially misstated and should not be relied on.

$HUBG, #hubgroup, #accounting, #restatement, #sec, #nasdaq

SEC Proposes Letting Public Companies File Semiannual 10-S Instead of Quarterly 10-Qs

The SEC proposed letting U.S. public companies swap quarterly 10-Qs for a single semiannual 10-S, aiming to reduce filings while preserving 8-K disclosures.

#sec, #disclosure, #filings, #regulation

SEC Chairman Says Agency Is “On the Cusp” of an ‘Innovation Exemption’ to Allow Tokenized Securities Trading

SEC Chair Paul S. Atkins said the agency is close to an ‘innovation exemption’ to permit a limited, compliant path for trading tokenized securities on-chain.

#sec, #crypto, #tokenization, #regulation