The SEC's Investor Advisory Committee is holding a public meeting on September 21 to discuss topics such as Regulation D Rule 506 Accredited Investors, Human Capital Management Disclosure, Open-End Fund Liquidity Risk Management Programs and Swing Pricing, and Dodd-Frank Act.
The SEC has charged Concord Management LLC of Tarrytown, New York, and its owner and principal, Michael Matlin, for operating as an unregistered investment adviser to their single client, resulting in allegedly avoiding scrutiny and over $80 million in compensation.
The SEC has charged Tilila Walker Sumchai with fraudulently raising over $11.8 million from 1,000 investors in the Tongan American community by falsely promising high returns on their investments through her investment scheme.
The SEC today approved a rule that revises and updates the Regulations under the Privacy Act to allow for electronic methods to verify identity and submit requests.
The SEC has adopted amendments to the Investment Company Act "Names Rule" to help ensure that funds' portfolios align with their names and promote investor protection.
The SEC has charged Mexico-based company Aras Investment Business Group, its CEO Armando Gutierrez Rosas, and four other individuals with fraudulently raising $15 million from over 450 retail investors in the U.S. through a Ponzi scheme and affinity fraud.
The SEC imposed a $6 million penalty against Goldman Sachs & Co. for failing to provide complete and accurate trading information, known as blue sheet data, over a period of ten years.