Wendy Tepperman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Today, the Commission will consider whether to propose standards for covered clearing agencies (also known as clearinghouses) regarding the clearance of certain trades involving U.S. Treasury securities. I am pleased to support these rules because, if adopted, they would help to make a vital part of our capital markets more efficient, competitive, and resilient.</span></p>

SEC Charges Two Former KPMG Auditors for Improper Professional Conduct Zoya Malik February 24, 2021 (Last Updated February 24th, 2021 13:45) Share Article On 23 February 2021, The Securities and Exchange Commission suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.  The SEC previously charged the college’s former controller with fraud in connection with the college’...

FOR IMMEDIATE RELEASE Washington D.C., Feb. 23, 2021 — The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.  The SEC previously charged the college’s former controller with fraud in connection with the college’s fiscal year 2015 financial statements.  According to the SEC’s orders, former KPMG partner Christopher Stanley approved, and former KPMG s...

Litigation Release No. 25031 / February 17, 2021 Securities and Exchange Commission v. Joseph Cimino, Civil Action No. 21 Civ. 1375 (S.D.N.Y., filed February 17, 2021). The Securities and Exchange Commission today charged Joseph Cimino of Warwick, New York, the founder and former managing member of 6 Degree Tequila, LLC, with conducting a fraudulent securities offering and misappropriating investors' funds for personal use. According to the SEC's complaint, from approximately December 2014 through September 2017, Cimino raised approximately $985,000 from investors through misrepresentations. ...

Litigation Release No. 24999 / December 30, 2020 , curities and Exchange Commission v. Joseph Taub, et al., 16 Civ. 09130 (D.N.J.) (filed December 12, 2016) On December 28, 2020, the United States District Court for the District of New Jersey entered a final consent judgment against Joseph Taub, whom the SEC charged with orchestrating a market manipulation scheme. The SEC's complaint, filed on December 12, 2016 and amended on April 26, 2018, alleged that Taub engaged in a fraudulent market manipulation scheme, utilizing dozens of securities accounts at several brokerage firms to create the fa...