Marc P. Berger Named Director of New York Regional Office

The Securities and Exchange Commission today announced that Marc P. Berger has been named Director of the New York Regional Office.  He will join the agency in January 2018.

Mr. Berger is presently global co-head of Ropes & Gray LLP’s Securities and F…

SEC Names Kenneth A. Johnson as Chief Operating Officer

The Securities and Exchange Commission today announced that Kenneth A. Johnson has been named the agency’s Chief Operating Officer (COO). Mr. Johnson has served as Acting COO since February 2017.

In his role as COO, Mr. Johnson oversees the SEC’s oper…

Division of Trading and Markets Deputy Director Gary Barnett to Retire

The Securities and Exchange Commission today announced that Gary Barnett, Deputy Director in the Division of Trading and Markets, will retire from the agency at the end of the year.

Since January 2015, Mr. Barnett has overseen the division’s Office of…

SEC Appoints New Chairman and Board Members to PCAOB

The Securities and Exchange Commission today announced the appointment of William D. Duhnke III as Chairman and J. Robert Brown, Kathleen M. Hamm, James G. Kaiser, and Duane M. DesParte as Board members of the Public Company Accounting Oversight Board …

SEC Charges Biopharmaceutical Company With Failing to Properly Disclose Perks for Executives

The Securities and Exchange Commission today charged a biopharmaceutical company with committing a series of accounting controls and disclosure violations, including the failure to properly report as compensation millions of dollars in perks provided t…

Stock Trader Charged in Insider Trading Ring

The Securities and Exchange Commission today charged a former day trader with making more than $1 million in illegal insider trading profits as part of a ring that allegedly stole confidential information from investment banks and clients so they could…

Company Halts ICO After SEC Raises Registration Concerns

A California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the Securities and Exchange Commission, and agreed to an order …

SEC Modifies Approach to Form N-PORT Filing Requirements

In recognition of the importance of sound data security practices and protocols for sensitive, non-public information, the Securities and Exchange Commission today modified its approach to the pending requirement for registered investment companies to …

Daniel Michael Named Chief of Enforcement Division’s Complex Financial Instruments Unit

The Securities and Exchange Commission today announced that Daniel Michael has been named chief of the Enforcement Division’s Complex Financial Instruments Unit.

In his new role, Mr. Michael will lead a specialized unit of attorneys and industry exper…

Daniel Michael Named Chief of Enforcement Division’s Complex Financial Instruments Unit

The Securities and Exchange Commission today announced that Daniel Michael has been named chief of the Enforcement Division’s Complex Financial Instruments Unit.

In his new role, Mr. Michael will lead a specialized unit of attorneys and industry exper…

Broker Charged With Defrauding Investors

The Securities and Exchange Commission charged a registered representative in Pennsylvania with operating a long-running offering and investment advisory fraud.

The SEC’s complaint, filed in federal court in Philadelphia, alleges that Paul W. Smith ra…

Broker Charged With Defrauding Investors

The Securities and Exchange Commission charged a registered representative in Pennsylvania with operating a long-running offering and investment advisory fraud.

The SEC’s complaint, filed in federal court in Philadelphia, alleges that Paul W. Smith ra…