Serving Investors and Advisors Nationwide
The Securities and Exchange Commission today announced an award of more than $28 million to joint whistleblowers who provided critical information and assistance in an SEC enforcement action. The joint whistleblowers’ detailed information prompted the… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced that, starting on February 27, 2023, the fee rates applicable to most securities transactions will be set at $8.00 per million dollars. Consequently, each self-regulatory organization will… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced three awards totaling approximately $18 million to three whistleblowers whose information and assistance led to a successful enforcement action. The first whistleblower provided the SEC with… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission is seeking candidates for appointment to the Small Business Capital Formation Advisory Committee to provide advice and recommendations on Commission rules, regulations, and policy matters relating to small… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today charged Avraham Eisenberg with orchestrating an attack on a crypto asset trading platform, Mango Markets, by manipulating the MNGO token, a so-called governance token that was offered and sold as a security.… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product, the Earn Interest Product (EIP). To settle the SEC’s charges, Nexo agreed to pay a $22.5… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. By doing so, the commission appears to have violated the Privacy Act of 1974. The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. Through this… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced that Renee Jones, Director of the Division of Corporation Finance, will depart the agency to return to her faculty position at Boston College Law School, effective Feb. 3, 2023. Erik Gerding,… Have a securities law question? Call New York Securities Lawyers at 212-509-6544. The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action. The whistleblower provided a tip and additional information that helped SEC… Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
Category Archives: SEC Enforcement
SEC Issues $28 Million Award to Joint Whistleblowers
Fee Rate Advisory #2 For Fiscal Year 2023
SEC Awards Approximately $18 Million to Three Whistleblowers
SEC Seeks Candidates for Small Business Capital Formation Advisory Committee
SEC Charges Avraham Eisenberg with Manipulating Mango Markets’ “Governance Token” to Steal $116 Million of Crypto Assets
Nexo Agrees to Pay $45 Million in Penalties and Cease Unregistered Offering of Crypto Asset Lending Product
SEC Violates Privacy Laws And Releases Names and Email Addresses of 650 Individuals being Interviewed
During the course of an SEC investigation, the SEC itself related the names and email addresses of 650 data miners working with crypto startup Green, a blockchain project that is building a decentralized power grid. The project’s user base consists of node operators or miners.
The SEC has been investigating Green for years. It reached out to users in order to learn their experience with the firm. Members cooperated, but an employee “failed to bcc all 650 users in an email,” according to screenshots seen by the Washington Examiner.
Its website clearly states that the personal data of those involved in SEC investigations are protected.
Apparently not.
———–
Mark J. Astarita, Esq. is a nationally recognized securities attorney representing investors and market professionals in SEC and FINRA investigations nationwide. Have a question? Email him at mja@sallahlaw.comr
SEC Charges Genesis and Gemini for the Unregistered Offer and Sale of Crypto Asset Securities through the Gemini Earn Lending Program
SEC Announces Departure of Renee Jones; Erik Gerding Named Director of Division of Corporation Finance
SEC Awards More Than $5 Million to Whistleblower