SEC Names Holli Heiles Pandol as Director of the Office of Legislative and Intergovernmental Affairs

The Securities and Exchange Commission today announced that Holli Heiles Pandol has been named Director of the agency’s Office of Legislative and Intergovernmental Affairs. Ms. Pandol will advise the Chairman, Commissioners, and SEC staff on legislativ…

SEC Names Bryan Wood as Deputy Chief of Staff

The Securities and Exchange Commission today announced that Bryan Wood has been named the agency’s Deputy Chief of Staff.

Mr. Wood has served as the Director of the Office of Legislative and Intergovernmental Affairs (OLIA) since June 2017, where he a…

SEC Names Sean Memon as Chief of Staff

The Securities and Exchange Commission today announced that Sean Memon will become the agency’s Chief of Staff.   

Mr. Memon has served as the SEC’s Deputy Chief of Staff since May 2017.  In that capacity, Mr. Memon has served as a senior advisor to C…

SEC Chief of Staff Lucas Moskowitz to Leave the Agency

The Securities and Exchange Commission today announced that SEC Chief of Staff Lucas Moskowitz will leave the agency in early August and will return to the private sector.

Mr. Moskowitz has served in various roles in the federal government for nearly …

SEC Names Vanessa Countryman to Lead the Office of the Secretary

The Securities and Exchange Commission today announced that Vanessa Countryman has been appointed as the agency’s Secretary. The Secretary is responsible for overseeing the administrative aspects of Commission meetings, rulemakings, and procedures.  Ms…

Joint Statement on Opportunistic Strategies in the Credit Derivatives Market

U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton, U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, and U.K. Financial Conduct Authority (FCA) Chief Executive Andrew Bailey issued the following joint …

SEC Adopts Capital, Margin, and Segregation Requirements for Security-Based Swap Dealers and Major Security-Based Swap Participants and Amends the Capital and Segregation Requirements for Broker-Dealers

The Securities and Exchange Commission took another significant step toward establishing the regulatory regime for security-based swap dealers today by adopting a package of rules and rule amendments under Title VII of the Dodd-Frank Act.  These and ot…

SEC Adopts Capital, Margin, and Segregation Requirements for Security-Based Swap Dealers and Major Security-Based Swap Participants and Amends the Capital and Segregation Requirements for Broker-Dealers

The Securities and Exchange Commission took another significant step toward establishing the regulatory regime for security-based swap dealers today by adopting a package of rules and rule amendments under Title VII of the Dodd-Frank Act.  These and ot…

SEC Wins Jury Trial Against Broker Charged With Defrauding Customers

Jurors in Manhattan federal court today returned a verdict in the Securities and Exchange Commission’s favor against a broker who was charged in January 2017 with fraud for excessively trading customer accounts using a trading scheme that generated hef…

SEC Charges Intelligence Communications Company and Top Executives With Defrauding Merger Investors

The SEC has charged Ability Inc., an Israel-based intelligence communications company, its wholly-owned subsidiary, and two of its top executives with defrauding shareholders of a Florida-based special purpose acquisition company (SPAC), a company form…

Walmart Charged With FCPA Violations

The Securities and Exchange Commission today charged Walmart with violating the Foreign Corrupt Practices Act (FCPA) by failing to operate a sufficient anti-corruption compliance program for more than a decade as the retailer experienced rapid internat…

SEC Freezes Assets in International Manipulative Trading Scheme

The Securities and Exchange Commission today announced charges against five foreign traders for executing illegal matched trades in the stock of Medico International, Inc. (MDDT).  The SEC also obtained an emergency court order freezing assets held in …