January 25, 2020
Washington D.C., Jan. 22, 2020 —SEC awards Whistleblowers whose information helped stop fraud. The Securities and Exchange Commission today announced two whistleblower awards in connection with two separate enforcement actions. …
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January 25, 2020
Washington D.C., Jan. 23, 2020 — The Securities and Exchange Commission today announced that it has obtained a court order authorizing the distribution of over $63 million to investors in …
January 11, 2020
Washington D.C., Jan. 3, 2020 — The Securities and Exchange Commission today announced that Longfin Corp. CEO Venkata S. Meenavalli has agreed to pay $400,000 in disgorgement and penalties to …
December 15, 2019
Washington D.C., Dec. 10, 2019 — The Securities and Exchange Commission today announced that it has obtained a temporary restraining order and asset freeze against a California solar panel company …
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November 28, 2019
The Securities and Exchange Commission today amended a complaint to charge four former executives of Outcome Health, a private healthcare advertising company, with fraud in raising nearly half a billion dollars by falsely …
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October 3, 2019
According to the SEC’s complaint, SBB Chief Executive Officer Samuel Barnett founded the firm in 2010 while still in college, raised millions from friends and family members, and invested almost exclusively in structured notes. The complaint alleges that as SBB sought outside investors, Barnett and Chief Operating Officer and Chief Compliance Officer Matthew Aven promised prospective investors that they would use “fair value” when recording investments.
September 23, 2019
The Securities and Exchange Commission today announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against three individuals and three entities in connection with an alleged fraudulent, ongoing international trading program that has placed at risk more than $125 million of investor funds.
September 13, 2019
The U.S. Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against Nathan Harris, a CFTC registrant, of Akron, Iowa, for fraud, unauthorized trading, and violating speculative position limits in live cattle futures contracts. The order imposes a civil monetary penalty of $1,250,000 and permanent restrictions on Harris’s registration with the CFTC.
August 29, 2019
The Securities and Exchange Commission today charged a Pennsylvania investment adviser with operating an investment advisory fraud involving over $100 million in investments. The SEC also obtained an emergency asset freeze.
June 16, 2019
A panel of the British Columbia Securities Commission (BCSC) has imposed a $350,000 administrative penalty on Fraser Valley Man William Wade Furman who deceived investors about his status as a registrant, his prior history of success in trading in securities and his use of investor funds.
