Category: sec

SEC files Administrative Proceeding against Northern Trust Hedge Fund Services, LLC

Washington, DC (STL.News) The US Securities and Exchange Commission filed an Administrative Proceeding, File No. 3-20030, against Northern Trust Hedge Fund Services, LLC and Northern Trust Global Fund Services Cayman… The post SEC files Administrative Proceeding against Northern Trust Hedge…

SEC files Administrative Proceeding against Henry Seth Brock, CPA

Washington, DC (STL.News) The US Securities and Exchange Commission has filed an Administrative Proceeding against Henry Seth Brock, CPA pursuant to Rule 102(e)(2) of the Commission’s Rules of Practice. Release… The post SEC files Administrative Proceeding against Henry Seth Brock,…

SEC files an Administrative Proceeding Against Benaiah Holdings Group

Washington, DC (STL.News) The US Securities and Exchange Commission has filed an Administrative Proceeding against Benaiah Holdings Group, Inc. (Respondent) pursuant to Section 12(j) of the Securities Exchange Act of… The post SEC files an Administrative Proceeding Against Benaiah Holdings…

SEC Charges Connecticut Investment Adviser, Hai Khoa Dange with Defrauding Retired Couple

Washington, DC (STL.News) The Securities and Exchange Commission today charged Connecticut-based investment adviser Hai Khoa Dang with defrauding a retired couple who had been his clients for 20 years. The… The post SEC Charges Connecticut Investment Adviser, Hai Khoa Dange…

Caroline A. Crenshaw and Hester M. Peirce Sworn-In As SEC Commissioners

Washington, DC (STL.News) The Securities and Exchange Commission today announced that Caroline A. Crenshaw and Hester M. Peirce have been sworn into office as SEC commissioners. Ms. Crenshaw and Ms. Peirce were both unanimously confirmed by the U.S. Senate on…

Deputy Chief Accountant Marc Panucci to Leave SEC

Washington DC (STL.News) The Securities and Exchange Commission today announced that Marc Panucci, Deputy Chief Accountant, plans to leave the agency later this month. Since he was appointed Deputy Chief Accountant in 2016, Mr. Panucci has managed and led the…

SEC Charges Trustify Inc. and Founder, Daniel Boice in $18.5 Million Offering Fraud

Washington DC (STL.News) The Securities and Exchange Commission today charged Trustify Inc., an online marketplace purportedly designed to connect customers to a network of private investigators, and its founder and CEO Daniel Boice with fraudulently offering and selling over $18.5…

Agencies Adopt Final Rule on the Orderly Liquidation of Covered Broker-Dealers under Title II of the Dodd-Frank Act

Washington DC (STL.News) The Securities and Exchange Commission and the Federal Deposit Insurance Corporation have adopted a final rule required by the Dodd-Frank Act clarifying and implementing provisions relating to the orderly liquidation of certain brokers or dealers (covered broker-dealers)…

SEC Charges Silicon Valley Start-Up, YouPlus, Founder and CEO, Shaukat Shamim, With Defrauding Investors

Washington DC (STL.News) The Securities and Exchange Commission Monday charged a Mountain View, California-based technology start-up and its chief executive officer with defrauding investors by making false and misleading statements about the company’s finances and sources of revenue. The SEC’s…

SEC Charges App Developer for Unregistered Security-Based Swap Transactions

Washington, DC (STL.News) The Securities and Exchange Commission today charged California-based Abra and a related firm in the Philippines for offering and selling security-based swaps to retail investors without registration and for failing to transact those swaps on a registered…

T. Rowe Price Receives Approval For Active Exchange-Traded Funds

Four equity ETFs to make debut using long-standing strategic investing approach; funds will list on NYSE Arca, Inc., launch date to be determined BALTIMORE, MD (STL.News) T. Rowe Price (NASDAQ-GS: TROW) announced that the U.S. Securities & Exchange Commission (SEC)…

SEC Charges Alexion Pharmaceuticals With FCPA Violations

Washington DC (STL.News) The Securities and Exchange Commission today announced that Boston-based pharmaceutical company Alexion Pharmaceuticals Inc. has agreed to pay more than $21 million to resolve charges that it violated the books and records and internal accounting controls provisions…