Bloomberg to Pay $5 Million for Misleading Disclosures about Its Valuation Methodologies for Fixed Income Securities


Bloomberg to Pay $5 Million for Misleading Disclosures about Its Valuation Methodologies for Fixed Income Securities
The Securities and Exchange Commission today announced settled charges against Bloomberg Finance L.P. (Bloomberg) for misleading disclosures relating to its paid subscription service, BVAL, which provides daily price valuations for fixed-income…

Read the Full Press Release
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
#seclaw

SEC Proposes Rule to Prohibit Conflicts of Interest in Certain Securitizations

The Securities and Exchange Commission today proposed a rule to implement Section 27B of the Securities Act of 1933, a provision added by Section 621 of the Dodd-Frank Act. The rule is intended to prevent the sale of asset-backed securities (ABS) that…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.

Silvestre Fontes Named Director of Boston Regional Office


Silvestre Fontes Named Director of Boston Regional Office
The Securities and Exchange Commission today announced that Silvestre A. Fontes has been named Regional Director of the Boston office, starting next week. John Dugan and Kevin Kelcourse, who have served as Acting Co-Regional Directors, will remain as…

Read the Full Press Release
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
#finralawyer

Silvestre Fontes Named Director of Boston Regional Office

The Securities and Exchange Commission today announced that Silvestre A. Fontes has been named Regional Director of the Boston office, starting next week. John Dugan and Kevin Kelcourse, who have served as Acting Co-Regional Directors, will remain as…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.

SEC Proposes Rule to Prohibit Conflicts of Interest in Certain Securitizations


SEC Proposes Rule to Prohibit Conflicts of Interest in Certain Securitizations
The Securities and Exchange Commission today proposed a rule to implement Section 27B of the Securities Act of 1933, a provision added by Section 621 of the Dodd-Frank Act. The rule is intended to prevent the sale of asset-backed securities (ABS) that…

Read the Full Press Release
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
#finraattorney

SEC Issues $28 Million Award to Joint Whistleblowers

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…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.

SEC Issues $28 Million Award to Joint Whistleblowers


SEC Issues $28 Million Award to Joint Whistleblowers
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…

Read the Full Press Release
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
#securitiesattorney

Fee Rate Advisory #2 For Fiscal Year 2023

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…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.

Fee Rate Advisory #2 For Fiscal Year 2023


Fee Rate Advisory #2 For Fiscal Year 2023
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…

Read the Full Press Release
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
#finralawyer