SEC

The SEC announced that Monolith Resources LLC violated the SEC's whistleblower protection rules and were required to pay a civil penalty of $225,000.

The SEC announced charges against nine investment advisers for advertising hypothetical performance without following Policies and Procedures required by the Marketing Rule and agreed to pay a combined penalty of $850,000.

The SEC charged Stoner Cats 2 LLC with violating the Securities Act of 1933 by conducting an unregistered public offering of crypto asset securities, raising more than $8 million from investors.

The SEC found that Marcum's quality control leader, Giugliano, did not adequately address numerous quality control and audit standard violations which resulted in a $75,000 civil penalty and censure.

The SEC announced a settled action against YieldStreet Inc. and its subsidiary, YieldStreet Management LLC, for failing to disclose critical information to investors in a $14.5 million asset-backed securities offering.

The SEC has charged broker-dealer Virtu Americas LLC and its parent company, Virtu Financial Inc. with making materially false and misleading statements about the safeguards they had in place to protect customers' confidential information.

The Small Business Capital Formation Advisory Committee will discuss raising capital access for small businesses through considering alternative avenues in addition to traditional equity investments.