When a significant volume of capital is raised from investors through nontraditional capital markets transactions, the U.S. Securities and Exchange Commission (SEC) is sure to follow with increased scrutiny. The SEC made that...more
4/13/2021
/ Capital Investments ,
Capital Markets ,
Corp Fin ,
Disclosure Requirements ,
Initial Public Offering (IPO) ,
Internal Controls ,
Private Investment in Public Equity (PIPEs) ,
PSLRA ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Shell Corporations ,
Special Purpose Acquisition Companies (SPACs)
The U.S. Supreme Court recently cast doubt on the criminal convictions of the one-time “King of Political Intelligence” David Blaszczak and three others for their role in an insider trading scheme. The Court’s action could...more
2/2/2021
/ Centers for Medicare & Medicaid Services (CMS) ,
Confidential Information ,
Dirks v SEC ,
Employees ,
Insider Trading ,
Kelly v United States ,
Non-Public Information ,
Remand ,
Sarbanes-Oxley ,
SCOTUS ,
Securities Exchange Act ,
Securities Fraud ,
Vacated
The U.S. Court of Appeals for the Second Circuit issued an opinion in United States v. Blaszczak on December 30, 2019 that could significantly affect the prosecution of criminal insider trading cases. The Second Circuit...more
1/27/2020
/ Centers for Medicare & Medicaid Services (CMS) ,
Confidential Information ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Dirks v SEC ,
Insider Trading ,
Non-Public Information ,
Personal Benefit ,
Political Intelligence ,
Sarbanes-Oxley ,
Securities Exchange Act ,
Securities Fraud
In a recent speech, SEC Chair Mary Jo White put directors of public companies on notice of their responsibility as “essential” and “important” gatekeepers upon whom their investors and the SEC rely. Chair White described...more