SEC Advisory Committee on Small and Emerging Companies to Hold Conference Call Meeting on December 7
The Securities and Exchange Commission today announced that its Advisory Committee on Small and Emerging Companies will hold a public meeting by telephone conference on December 7. The advisory committee plans to consider recommendations regarding corporate board diversity and continue its discussions regarding outreach to smaller businesses about capital raising. These topics were initially discussed at the committee’s October 5 meeting. The December 7 meeting will begin at 11:00 a.m. ET and live audio will be available on the SEC’s website. The Advisory Committee on Small and Emerging Companies provides a formal mechanism for the Commission to receive advice and…
Read MoreSEC Charges Asset Management Fund and Manager
The Securities and Exchange Commission today announced fraud charges and an asset freeze against Miami Beach-based asset management company Onix Capital LLC and owner Alberto Chang-Rajii, a Chilean national who fled the U.S. earlier this year. The SEC alleges that Chang and Onix Capital defrauded investors in promissory notes that “guaranteed” annual returns of 12 percent to 19 percent and bilked others who were told their funds would be invested in promising start-ups. Chang and Onix Capital also are alleged to have falsely depicted Chang as an award-winning multi-millionaire “angel” investor with an M.B.A. from Stanford University. “According to…
Read MoreSEC Votes to Renew Equity Market Structure Advisory Committee
The Securities and Exchange Commission today announced that the Commission voted to renew the Equity Market Structure Advisory Committee’s charter until August 2017 with the current membership. The committee’s charter was originally scheduled to expire in February 2017. The committee provides a formal mechanism through which the Commission can receive advice and recommendations specifically related to equity market structure issues. The committee has met seven times since it was established in February 2015. “The Equity Market Structure Advisory Committee’s renewal enables the next Chair and the next Commission to benefit seamlessly from this vital resource for our ongoing assessment of…
Read MoreSEC Announces Agenda for Nov. 29 Meeting of the Equity Market Structure Advisory Committee
The Securities and Exchange Commission today announced the agenda for its Equity Market Structure Advisory Committee meeting on Nov. 29, beginning at 9:30 a.m. ET. The Commission established the advisory committee to provide a formal mechanism through which the Commission can receive advice and recommendations on equity market structure issues. The meeting will focus on recommendations and updates from the four subcommittees. These documents are available on the SEC’s website. The meeting will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., and is open to the public. It also will be webcast live on the SEC’s…
Read MoreSEC Names Wesley R. Bricker as Chief Accountant
The Securities and Exchange Commission today announced that Wesley R. Bricker will become the Chief Accountant and succeeds James Schnurr who plans to retire from the agency. Mr. Bricker has served as Deputy Chief Accountant for the accounting group since 2015 and Interim Chief Accountant since July 2016. As Chief Accountant, Mr. Bricker will serve as the principal advisor to the Commission on accounting and auditing matters and lead the Commission’s Office of the Chief Accountant. He also will be responsible for assisting the Commission with discharging its oversight of the Financial Accounting Standards Board and the Public Company Accounting…
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