Tag: #securities

SEC Sues Three Former Tricolor Executives Over Alleged ABS Fraud

SEC filed a civil case Aug. 18 accusing three former Tricolor executives of double-pledging loans and falsifying data in ABS offerings before the lender's 2025 collapse.

#securities, #sec, #autolending, #abs, #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

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 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