SEC fines non-US entities for unregistered cross-border brokerage and advisory activitiesInvestment adviserForeign firmCross-border activitiesUS Securities and Exchange Commission (SEC)Broker-dealerRegistrationAn exploration of a settlement involving a foreign financial institution, its non-US subsidiaries, ...
According to the SEC, the firms admitted that staff at multiple levels including supervisors failed to preserve communications about municipal advisory work as required by law. The largest fines included $324,000 against Kaufman Hall & Associates, together with Ponder & Co; $250,000 a...
Neither admitting nor denying the SEC’s findings, both institutions agreed to settle the charges by paying the combined USD 9.3 million fine, with Merrill paying USD 6.5 million and Harvest USD 2.8 million. The fines are intended to compensate clients for losses incurred due to improper trading...
The SEC has fined a digital assets fund for breaching securities law and issued a cease and desist order. 6539 Total views 154 Total shares Listen to article 0:00 COINTELEGRAPH IN YOUR SOCIAL FEED Follow ourSubscribe on The United States Securities and Exchange Commission (SEC) has is...
In a statement, SEC Chair Gary Gensler said he sincerely hopes “that the Chinese authorities will continue to work cooperatively with the PCAOB … American investors are better protected when the PCAOB can audit the auditors of issuers listed in the United States.” ...
Prager Metis, based in New York, did not admit or deny wrongdoing in agreeing to Tuesday's settlements, which include $1.75 million of civil fines plus disgorged profit and interest. In court papers, the SEC accused Prager Metis of falsely representing that its FTX audit reports in July 2021...
or that would otherwise create liability or violate any local, national or international law, including, without limitation, the regulations of the U.S. Securities and Exchange Commission (SEC) or any rules of any securities exchange, including but not limited to, the New York Stock Exchange (...
and fines, to the sec to settle the charges. the settlement is likely to be a blow to left, who is fighting sec and department of justice charges filed in july alleging he engaged in a scheme to defraud citron research followers by publishing false and mi...
Corrupt Bargain Clay supported Adams, made Sec. of State in return John Quincy Adams Presidency Ambitious goals, lacked trust, served one term Jacksonian Supporters Anti-govt., anti-bank, believed in voting rights Whigs and Democrats New political parties in the 1830s Presidential Nominating Process...
it is important to ensure that the company was not a PFIC in any given tax year; Lack of clear representation on SEC filing (e.g., 20 – F) that company is not a PFIC might deter potential US investors for a number of reasons, including the fact that QDI treatment may not be ...