Securities Law

Keith E. Cassidy Named Interim Acting Director of the Division of Examinations

July 22, 2024

In response to a previously announced medical issue, the Securities and Exchange Commission today announced that Richard Best, the Director of the Division of Examinations, will take leave from the agency to focus on his health. Keith E. Cassidy, the… Full report at: Read More

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SEC Launches Interagency Securities Council to Coordinate Enforcement Efforts Across Federal, State, and Local Agencies

July 19, 2024

The Securities and Exchange Commission’s Division of Enforcement this month launched the Interagency Securities Council (ISC), which invites federal, state, and local regulatory and law enforcement professionals to meet quarterly to discuss the latest in… Full report at: Read More

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SEC Awards More Than $37 Million to a Whistleblower

July 17, 2024

The Securities and Exchange Commission today announced an award of more than $37 million to a whistleblower who provided information not previously known to the SEC and which significantly contributed to a successful enforcement action. The whistleblower… Full report at: Read More

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SEC Small Business Advisory Committee to Explore Recent Changes to U.S. Small Business Administration’s Small Business Investment Company Program

July 12, 2024

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Tuesday, July 30, 2024, which will include an exploration of recent changes to the U.S. Small Business… Full report at: Read More

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SEC Updates Website to Improve Compliance, Functionality, and User Experience 

July 2, 2024

The Securities and Exchange Commission today announced enhancements to its website to improve compliance with federal statutes and standards as well as the site’s functionality. The updates will improve the website’s user experience for market… Full report at: Read More

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SEC Charges Silvergate Capital, Former CEO for Misleading Investors about Compliance Program

July 1, 2024

The Securities and Exchange Commission today charged Silvergate Capital Corporation, its former CEO Alan Lane, and former Chief Risk Officer (CRO) Kathleen Fraher with misleading investors about the strength of the Bank Secrecy Act/Anti-Money Laundering… Full report at: Read More

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SEC Adopts Tailored Registration Form for Offerings of Registered Index-Linked and Registered Market-Value Adjustment Annuities

July 1, 2024

The Securities and Exchange Commission today adopted tailored disclosure requirements and offering processes for offerings of registered index-linked annuities (RILAs) and registered market value adjustment annuities (registered MVA annuities, and… Full report at: Read More

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SEC, MSRB, FINRA to Hold Hybrid Compliance Outreach Program

July 1, 2024

The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for both in-person and virtual attendance of their Compliance Outreach… Full report at: Read More

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SEC Charges Consensys Software for Unregistered Offers and Sales of Securities through its MetaMask Staking Service

June 28, 2024

The Securities and Exchange Commission today charged Consensys Software Inc. with engaging in the unregistered offer and sale of securities through a service it calls MetaMask Staking and with operating as an unregistered broker through MetaMask Staking… Full report at: Read More

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SEC Office of the Investor Advocate Delivers Report to Congress on Objectives for Fiscal Year 2025

June 27, 2024

The Securities and Exchange Commission’s Office of the Investor Advocate today delivered its Report to Congress on the Office’s objectives for fiscal year 2025. As detailed in the Report, the Investor Advocate’s priorities for fiscal year 2025… Full report at: Read More

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