On October 21, 2024, the Securities and Exchange Commission’s (“SEC”) Division of Examinations (“Division”) published its 2025 examination priorities (“Exam Priorities”). Although President-elect Trump has pledged to dismiss SEC Chair Gary Gensler on “day one” and significant changes are...
The Securities and Exchange Commission (SEC) Division of Enforcement published itsannual report for fiscal year 2019. The report shows it brought 862 enforcement actions, obtained $4.3 billion in disgorgement and penalties, and returned $1.2 billion to harmed investors, with the last two totals repr...
Though shorter than previous annual reports and presented as a press release rather than a lengthier brochure as in recent years, the Annual Report highlights key takeaways, including 1) a decrease in total enforcement actions but an increase in newly filed standalone actions, 2) a...
The foregoing actions are part of an SEC enforcement initiative aimed at ensuring compliance with ownership disclosure and other reporting rules. Insofar as the beneficial ownership and insider actions are concerned, the most recent set of settlements suggest a possible willingness on the SEC’s ...
More Press Releases: In FY 2020 not only did the number of awards increase dramatically, so did the number of press releases by Enforcement announcing the awards. This is by design and is an attempt to advertise the prospect of awards for providing tips. A Growing Exception for Compliance and...
Melissa Hodgman, also an Associate Director in the SEC’s Home Office, stated that the Division of Enforcement tries to use its cases—including related press releases and public statements—to send messages about the benefits of cooperation. By way of example, she noted that the SEC announced ...
Regional Offices All Divisions and Offices Enforcement Litigation Releases Administrative Proceedings Opinions and Adjudicatory Orders Accounting and Auditing Trading Suspensions How Investigations Work Receiverships Information for Harmed Investors Regulation ...
assuming due and valid authorization, execution and delivery hereof by the Company, is a valid and binding obligation of Sohu Game and Parent enforceable against Sohu Game and Parent in accordance with its terms, except that the enforcement hereof may be limited by the Enforceability Exceptions. ...
Since the adoption of Rule 10b5-1 two decades ago, the SEC has brought very few enforcement actions involving Rule 10b5-1 trading plans, but has brought two highly-publicized actions: one against the CEOs of Enron Corporation and one against the CEO of Countrywide Financial Corpor...
However, the SEC just announced an award of approximately $36 million to a whistleblower whose information and assistance significantly contributed to the success of an SEC enforcement action as well as actions by another federal agency. According to the SEC, the whistleblower provided crucial inform...