Securities and Exchange Commission (SEC) - News, Articles & Research

Company announcement/crime

SEC charges Archipelago with record-keeping violations

The Securities and Exchange Commission today announced charges against Archipelago Trading Services Inc. (ATSI) for failing to file hundreds of legally required reports of suspicious financial transactions, known as Suspicious Activity Reports (SARs), between August 2012 and September 2020.

29 August 2023

Company announcement/crime

Tornado Cash founders charged with money laundering and sanctions violations

A Russian national and a Washington man were charged today with conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money transmitting business.

24 August 2023

News/regulation

SEC charges fintech investment adviser with violating marketing rule

The Securities and Exchange Commission has charged fintech investment adviser Titan Global Capital Management USA with misleading investors with advertisements about performance metrics.

22 August 2023

News/crypto

Crypto exchange Bittrx agrees $24m SEC settlement

Crypto outfit Bittrex has agreed to pay $24 million to settle SEC charges that it operated an unregistered national securities exchange, broker and clearing agency.

11 August 2023

News/regulation

More banks pay multi-million dollar penalties over WhatsApp use

Wells Fargo and BNP Paribas are among the latest banks to be hit with multi-million dollar penalties by US regulators over employee use of unofficial communication tools like WhatsApp and iMessage.

08 August 2023

Company announcement/security

SEC adopts rules on cybersecurity risk management and incident disclosure

The Securities and Exchange Commission today adopted rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance.

27 July 2023

Company announcement/regulation

SEC proposes new restrictions on the use of predictive analytics

The Securities and Exchange Commission today proposed new rules that would require broker-dealers and investment advisers (collectively, “firms”) to take certain steps to address conflicts of interest associated with their use of predictive data analytics and similar technologies to interact with investors to prevent firms from placing their interests ahead of investors’ interests.

27 July 2023

News/crypto

Ripple scores partial win in SEC lawsuit

Ripple did not violate federal securities law by selling the XRP token on public exchanges and through algorithms, a US judge has ruled in a major win for the cryptocurrency industry.

14 July 2023

News/crypto

Binance.US suspends dollar deposits

Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are preparing to pause dollar withdrawal channels.

09 June 2023

News/regulation

SEC sues Coinbase

The Securities and Exchange Commission has sued Coinbase for operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency.

06 June 2023

News/regulation

SEC sues Binance and CEO Changpeng Zhao

The Securities and Exchange Commission has sued Binance and its CEO Changpeng Zhao, alleging a host of securities law violations and accusing the world's largest crypto exchange of engaging in an "extensive web of deception".

05 June 2023

Company announcement/regulation

Former Coinbase manager settles SEC insider trading charges

The Securities and Exchange Commission today announced that former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, agreed to settle charges that they engaged in insider trading through a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities that would be made available for trading on the Coinbase platform.

30 May 2023