The SEC announced charges against five investment advisers for failing to comply with requirements related to the safekeeping of client assets and collectively paid over $500,000 in penalties.
The SEC announced settled charges against Linus Financial, Inc. for failing to register the offers and sales of its retail crypto lending product, the Linus Interest Accounts, due to their prompt remedial actions.
The Securities and Exchange Commission today announced charges against 11 firms in their capacity as broker-dealers and investment advisers for widespread and longstanding failures to maintain and preserve electronic communications, with the firms agreeing to pay combined penalties of $289 million.
The SEC has charged Titan Global Capital Management USA LLC with using hypothetical performance metrics in advertisements that were misleading and multiple compliance failures.
The SEC announced today that Bittrex Inc. and its co-founder and former CEO, William Shihara, have agreed to settle charges of operating an unregistered national securities exchange, broker, and clearing agency, involving a total monetary payment of $24 million.
The SEC charged Crowe U.K. LLP, its CEO, and a senior auditor with deficient auditing of Akazoo Limited’s financial statements, agreeing to penalties, suspension from appearing or practicing, and censure, among other remedies.
Grupo Aval S.A. and its subsidiary Corficolombiana have agreed to pay over $40 million to settle SEC charges alleging violations of the FCPA for bribing Colombian government officials.