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SEC Names John Moses as Deputy Director of Office of Investor Education and Advocacy

SEC Names John Moses as Deputy Director of Office of Investor Education and Advocacy Washington, D.C. (Newsfile Corp. - December 21, 2020) - The Securities and Exchange Commission today named John Moses as Deputy Director of the SEC s Office of Investor Education and Advocacy (OIEA). Mr. Moses joins Mary Head, who has been Deputy Director of OIEA since 2009. In his new role, Mr. Moses will help lead OIEA s outreach, education, and consultation efforts, including its efforts to enhance investors understanding of and access to financial services. Working with divisions and offices across the SEC, including its 11 regional offices, Mr. Moses will advance OIEA and SEC financial inclusion initiatives to support Americans, particularly in underrepresented communities, as they access the capital markets and broader financial system.

MIL-OSI USA: SEC Charges Company and CEO for $119 Million Securities Fraud Targeting Members of the South Asian American Community

MIL-OSI USA: SEC Charges Company and CEO for $119 Million Securities Fraud Targeting Members of the South Asian American Community
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SEC gov | SEC Charges Company and CEO for $119 Million Securities Fraud Targeting Members of the South Asian American Community

FOR IMMEDIATE RELEASE Washington D.C., Dec. 21, 2020 The Securities and Exchange Commission today announced that it filed an emergency action against California-based real estate development company SiliconSage Builders LLC, aka Silicon Sage Builders, and its sole owner, Sanjeev Acharya, in connection with an alleged $119 million fraudulent offering. According to the SEC s complaint, Silicon Sage Builders and Acharya raised money from approximately 250 retail investors, most of whom were members of the Northern California South Asian community, by falsely describing Silicon Sage Builders real estate business as profitable and promising investors exorbitant returns. In fact, as the complaint alleges, from 2016 to 2019, all but one of Silicon Sage Builders projects had significant cost overruns and did not generate enough money to pay investors the promised returns.  Acharya, as alleged in the complaint, misled investors into believing the payments they rec

SEC Names John Moses As Deputy Director Of Office Of Investor Education And Advocacy - Will Lead Efforts To Promote Agency s Increased Focus On Financial Inclusion And Outreach To Underserved Communities

SEC Names John Moses As Deputy Director Of Office Of Investor Education And Advocacy - Will Lead Efforts To Promote Agency’s Increased Focus On Financial Inclusion And Outreach To Underserved Communities Date 21/12/2020 The Securities and Exchange Commission today named John Moses as Deputy Director of the SEC’s Office of Investor Education and Advocacy (OIEA).      Mr. Moses joins Mary Head, who has been Deputy Director of OIEA since 2009.  In his new role, Mr. Moses will help lead OIEA’s outreach, education, and consultation efforts, including its efforts to enhance investors’ understanding of and access to financial services.  Working with divisions and offices across the SEC, including its 11 regional offices, Mr. Moses will advance OIEA and SEC financial inclusion initiatives to support Americans, particularly in underrepresented communities, as they access the capital markets and broader financial system.  

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