Last month, the SEC issued a No Action Letter interpreting Rule 506(c) that effectively provides a streamlined path for private fund sponsors to conduct an exempt general solicitation offering pursuant to Regulation D of the...more
The Securities and Exchange Commission (SEC) recently charged Keurig Dr Pepper Inc. with making inaccurate statements about the recyclability of its K-Cup single-use beverage pods in violation of securities laws. The case...more
On June 27, 2024, the United States Supreme Court issued a landmark decision in SEC v. Jarkesy, ruling that the Securities and Exchange Commission’s (SEC) use of in-house tribunals for civil penalties in securities fraud...more
8/2/2024
/ Administrative Law Judge (ALJ) ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Act ,
Dodd-Frank ,
Enforcement Actions ,
Environmental Protection Agency (EPA) ,
Federal Trade Commission (FTC) ,
Fraud ,
Penalties ,
Punitive Damages ,
SCOTUS ,
SEC v Jarkesy ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Unconstitutional Condition
Recently, the Securities and Exchange Commission filed a complaint against Curt Kramer and three companies owned by Kramer, 1800 Diagonal Lending Company, LLC, Power Up Lending Group, Ltd., and Geneva Roth Remark Holdings,...more
The Securities and Exchange Commission (SEC) has sent clear signals that it will pursue companies for “AI washing” — touting the use of artificial intelligence in ways that are false or misleading. The SEC has imposed fines...more
5/9/2024
/ Artificial Intelligence ,
DNA ,
Enforcement ,
Environmental Social & Governance (ESG) ,
False Statements ,
Investment ,
Investment Advisers Act of 1940 ,
Misleading Statements ,
Policies and Procedures ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Websites
SEC APPROVES NEW RULES IMPACTING INVESTMENT ADVISERS AND FUNDS -
On Wednesday, August 23, 2023, the Securities and Exchange Commission (SEC) voted 3-2 along party lines to approve new rules and rule amendments under the...more
The North American Securities Administrators Association (NASAA), a non-governmental organization that recommends securities regulations for state adoption, has published proposed rules that would limit the ability of...more
On July 13, 2022, the Securities and Exchange Commission (SEC) proposed rule changes that would make it harder for reporting companies to exclude shareholder proposals from their proxy statement by narrowing certain existing...more
On March 30, 2022, the Securities and Exchange Commission issued proposed rules focused on special purpose acquisition companies (SPACs) and subsequent business combination transactions between SPACs and private operating...more
4/25/2022
/ Capital Raising ,
Comment Period ,
Initial Public Offering (IPO) ,
Investment ,
PSLRA ,
Regulatory Agenda ,
Regulatory Reform ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Special Purpose Acquisition Companies (SPACs) ,
Target Company
ELON’S MUSK TUMULTUOUS HISTORY WITH THE SEC -
Tesla’s colorful CEO, Elon Musk, has a history of feuding with the Securities and Exchange Commission (SEC), and it looks like the fight isn’t over. In 2018, the SEC...more
3/31/2022
/ 10b5-1 Plans ,
Corporate Monitoring ,
Elon Musk ,
Enforcement Actions ,
Financial Markets ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Violations ,
Social Media ,
Stock Prices ,
Tesla ,
Twitter
THE SEC’S RULE PROPOSALS AIM TO ASSIST INVESTORS -
On March 9, 2022, the U.S. Securities and Exchange Commission (SEC) proposed new rules “to enhance and standardize disclosures regarding cybersecurity risk management,...more
3/23/2022
/ Corporate Governance ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Form 8-K ,
Popular ,
Proposed Rules ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulatory Agenda ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
The Securities and Exchange Commission (SEC) has not hesitated to conclude that crypto assets are securities subject to the Securities Act of 1933, but with BlockFi, the SEC went a step further and, for the first time with...more
3/14/2022
/ Bitcoin ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Ethereum ,
Investment Company Act of 1940 ,
Investment Contract ,
Investment Opportunities ,
Retail Investors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Unregistered Securities
OVERLAP IN THE SECURITIES ACT OF 1934 -
The Securities and Exchange Commission (SEC) presides over two separate beneficial ownership reporting schemes under Sections 13 and 16 of the Securities Exchange Act of 1934....more
2/23/2022
/ Anti-Money Laundering ,
Beneficial Owner ,
Financial Crimes ,
National Security ,
Proposed Amendments ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Regulation ,
Shell Corporations