Six firms charged with short selling violations have settled with the SEC.
SEC has filed fraud charges and obtained asset freezes against a worldwide pyramid scheme.
The SEC has charged six men, including a father and three sons, with defrauding investors in Gerova Financial Group Ltd., whose shares once traded on the New York Stock Exchange.
Canadian lawyer and stock promoter John Briner is settling with the SEC on allegations that he orchestrated a mining stock fraud scheme.
The Securities and Exchange Commission has announced that two Citigroup affiliates have agreed to pay nearly US$180 million to settle charges that they defrauded investors.
The SEC has charged 15 people and 19 entities for their roles in alleged schemes to manipulate microcap stock trading.
The SEC has charged Goldman, Sachs & Co. with violating the market access rule in connection with a trading incident that resulted in erroneous executions of options contracts.
The SEC has announced fraud charges against a Wisconsin-based investment advisory firm and its owner accused of improperly allocating to his personal and business accounts certain options trades that appreciated in value during the course of a trading day while allocating to his clients other trades that depreciated in value.
The Securities and Exchange Commission has charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.
The SEC has announced a maximum whistleblower award payment of 30% of amounts collected in connection with In the Matter of Paradigm Capital Management, Inc. and Candace King Weir, File No. 3-15930 (June 16, 2014), the SEC’s first retaliation case. The whistleblower will receive more than $600,000 for providing key original information that led to the successful SEC enforcement action. The whistleblower in this matter suffered unique hardships, including retaliation, as a result of reporting to the Commission.