Sec Violations News Today

The U.S. Securities and Exchange Commission SEC awarded $580,000 to whistleblower under SEC Whistleblower Program. Qualified voluntary whistleblowers who provide information that leads to successful enforcement action entitled to 10-30% of government recovered funds.

Southern District of New York court in SEC v. Collectors Coffee Inc. held that a company and its CEO violated Rule 21F-17 of the Exchange Act by entering into confidentiality agreements with investors that prohibited communications with the SEC.

Trump met with DWAC Executive Patrick Orlando before the company started raising funds for their merger, which could be in violation of SEC rules.