SEC Releases Archives - Page 7 of 86

SEC Commissioner, Mark Uyeda, Discusses the Administrative State

SEC Releases Introduction SEC Commissioner, Mark Uyeda, recently addressed the Council of Institutional Investors on the administrative state. He voiced his concerns at the growth […]

Climate-Related Disclosures | SEC Adopts Rules

SEC Releases Introduction The SEC announced on March 6th, 2024, that final rules have been adopted that require Firms to provide disclosures for information related to climate […]

SEC Charges Firm $950k for Disclosure Failures

SEC Releases Introduction The SEC charged an Investment Adviser with disclosure failures related to required 13G and 13D Filings. Failures to submit timely required filings are taken seriously by […]

$1.5 Million Charge for ETF Launch Disclosure Failure

SEC Releases Introduction An RIA was recently charged $1.5 Million by the SEC for failing to provide proper disclosures about the launch of one of its new ETFs. The […]

$2.2 Million Reg BI Violation | SEC Releases

SEC Releases Introduction A Broker Dealer was charged $2.2 Million on February 16th for failures to comply with Regulation Best Interest (“Reg BI”). Reg BI continues to be an enhanced focus for the […]

SEC Chair, Gary Gensler, Discusses AI

SEC Releases Introduction SEC Chair, Gary Gensler, recently spoke at a Yale Law School event about Artificial Intelligence (“AI”) and the important role that regulators play. He discussed […]

Form PF Amendments Adopted | SEC Releases

SEC Releases Introduction The SEC adopted amendments to Form PF on February 8th, 2024. Their goal is to enhance reporting by large hedge fund advisers to assist regulators in […]

$81 Million Fines for Recordkeeping Failures (RIAs/BDs)

SEC Releases Introduction The SEC just announced that sixteen (16) Firms have been penalized $81 Million for widespread and longstanding recordkeeping failures. The types of Firms charged were: Affiliated Investment […]

SEC Adopts Rules Relating to SPACs, Shell Companies, and Projections

SEC Releases Introduction On January 24th, the SEC adopted final rules and amendments to enhance disclosures and provide additional investor protections in initial public offerings (IPOs) by special purpose […]

Private Equity Adviser Charged $4 Million for Compliance Failures

SEC Releases Introduction The SEC announced on December 26th that a New York Private Equity RIA was charged for Policies and Procedures failures, specifically related to failing to supervise. These failures […]

SEC Enforcement Results for FY 2023 | Key Stats and Trends

SEC Releases Introduction On November 14th, the SEC released their enforcement results for the Fiscal Year 2023. The amount of enforcements has increased from 2022. SEC Chair, Gary Gensler, discussed […]

Failure to Provide Proper Disclosures Leads to $2.5 Million Penalty

SEC Releases Brief Introduction Recently, the SEC charged a well-known Investment Adviser for failures involving the description of investments within a Publicly Traded Fund it advised. The Firm […]