SEC's Gensler blasts hedge fund fees as agency readies rules
The Securities and Exchange Commission plows ahead with plans to boost oversight of the private fund industry.
Source: americanbanker.com
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SEC steps up accounting and auditing enforcement
Enforcement actions increased 55% in 2022, although total monetary settlements were down more than 60%.
Source: accountingtoday.com
Supreme Court Ruling Threatens FTC and SEC Autonomy
Supreme Court issued a single opinion today. In Axon Enterprise, Inc. v. Federal Trade Commission Court unanimously has held federal district courts have the power to decide lawsuits challenging the structure of an agency, irrespective of internal agency review mechanisms.
Source: natlawreview.com
The SEC Takes On Lindsay Lohan, Jake Paul And Six Other Celebrities Over Paid Crypto Posts - Fin Tech
The SEC charged eight celebrities, including Lindsay Lohan, Jake Paul and Austin Mahone, with failing to disclose their commercial relationships with Justin Sun's crypto companies...
Source: mondaq.com
SEC settles with one of the seven charged with defrauding Puerto Rico city
The Commission has settled with Roberto Mejill-Tellado for acting as an unregistered broker in the scheme that defrauded the city of Mayaguez, Puerto Rico.
Source: bondbuyer.com