SEC Announces Enforcement and Investor Education Initiatives to Protect Teachers and Military Service Members

The Securities and Exchange Commission today announced two new initiatives that will build on its ongoing efforts to protect retail investors. The Teachers’ Initiative and the Military Service Members’ Initiative will build on the Commission’s past eff…

SEC Announces Enforcement and Investor Education Initiatives to Protect Teachers and Military Service Members

The Securities and Exchange Commission today announced two new initiatives that will build on its ongoing efforts to protect retail investors. The Teachers’ Initiative and the Military Service Members’ Initiative will build on the Commission’s past eff…

SEC Seeks Emergency Relief to Halt Ponzi Scheme Run From College Fraternity House

The Securities and Exchange Commission today announced an emergency action charging a recent college graduate with orchestrating a Ponzi scheme that targeted college students and young investors. The SEC is seeking an asset freeze and other emergency r…

SEC Seeks Emergency Relief to Halt Ponzi Scheme Run From College Fraternity House

The Securities and Exchange Commission today announced an emergency action charging a recent college graduate with orchestrating a Ponzi scheme that targeted college students and young investors. The SEC is seeking an asset freeze and other emergency r…

Ahmed Abonamah Named Deputy Director of the Office of Municipal Securities

The Securities and Exchange Commission today announced that Ahmed Abonamah has been named Deputy Director of the agency’s Office of Municipal Securities (OMS).

Mr. Abonamah will oversee many of OMS’s strategic initiatives as well as advise OMS’s leade…

SEC Announces Kevin Zerrusen as Senior Advisor to the Chairman for Cybersecurity Policy

The Securities and Exchange Commission today announced that Kevin A. Zerrusen will serve as Chairman Jay Clayton’s Senior Advisor for Cybersecurity Policy. In this role, Mr. Zerrusen will coordinate efforts across the agency to address cybersecurity po…

SEC Awards $3 Million to Joint Whistleblowers

The Securities and Exchange Commission today announced an award of $3 million to whistleblowers whose tip launched the SEC’s investigation and subsequent successful enforcement action involving an alleged securities law violation that impacted retail i…

Sagar Teotia Named the SEC’s Acting Chief Accountant

The Securities and Exchange Commission today named Sagar Teotia as the SEC’s Acting Chief Accountant following the departure of Wesley R. Bricker in June.

Since 2017, Mr. Teotia has served as Deputy Chief Accountant, leading the accounting group. As A…

Wesley R. Bricker, Chief Accountant, to Leave SEC

The Securities and Exchange Commission today announced that Wesley R. Bricker, Chief Accountant, plans to leave the agency after more than six years of distinguished service.

Mr. Bricker was named as the SEC’s Chief Accountant in 2016, after serving a…

Erin Schneider Named Director of San Francisco Office

The Securities and Exchange Commission today announced that Erin E. Schneider has been named Director of the San Francisco Regional Office.

Ms. Schneider joined the SEC staff in 2005 as a staff attorney in the San Francisco office.  She was promoted t…

SEC Charges Investment Adviser With Fraud

The Securities and Exchange Commission today charged investment adviser Stephen Brandon Anderson with defrauding clients by overcharging advisory fees of at least $367,000.

According to the SEC’s order, Anderson owned and operated River Source Wealth …

SEC Awards $4.5 Million to Whistleblower Whose Internal Reporting Led to Successful SEC Case and Related Action

The Securities and Exchange Commission awarded more than $4.5 million to a whistleblower whose tip triggered the company to review the allegations as part of an internal investigation and subsequently report the whistleblower’s allegations to the SEC a…