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

Company announcement/regulation

SEC charges DXC Technology for misleading non-GAAP disclosures

The Securities and Exchange Commission today charged DXC Technology Company, an IT services company in Ashburn, Virginia, with making misleading disclosures about its non-GAAP financial performance in multiple reporting periods from 2018 until early 2020.

15 March 2023

News/crypto

Crypto trade group criticises SEC insider trading case

A US-based trade association representing crypto firms has called for the dismissal of an insider trading case brought by the Securities and Exchanges Commission (SEC) arguing that the regulator has unfairly labelled crypto assets as securities.

23 February 2023

News/regulation

SEC finalises rules for move to T+1

The Securities and Exchange Commission has finalised rule changes to cut the settlement cycle to one business day in order to reduce risks in the clearance and settlement of securities.

16 February 2023

News/crypto

Paxos ordered to stop minting Binance stablecoin

Blockchain infrastructure provider Paxos will stop issuing new Binance USD stablecoins on the orders of the New York Department of Financial Services (NYDFS). The firm has also revealed that the token is facing SEC scrutiny.

14 February 2023

News/regulation

Kraken’s staking-as-a-service sunk by SEC

The US Securities and Exchange Commission (SEC) reached a settlement of $30 million with crypto platform Kraken, for the exchange’s failure to register its staking-as-a-service program.

10 February 2023

News/regulation

SEC WhatsApp crackdown expands to hedge funds

The Securities and Exchange Commission is widening its probe into Wall Street's use of WhatsApp for conducting business to include major hedge funds, according to Bloomberg.

06 February 2023

News/regulation

SEC fines Nexo $45 million in penalties

American regulatory authority, the Securities and Exchange Commission (SEC) charged crypto asset platform Nexo $45 million in penalties for the unauthorised sale of a crypto lending product.

20 January 2023

News/crypto

SEC charges Gemini and Genesis with selling unregistered securities

The Securities and Exchange Commission (SEC) has charged digital asset trading firms, Genesis and Gemini, with offering and selling unregistered securities.

13 January 2023

Company announcement/regulation

SEC charges eight social media influencers over $100 million stock manipulation scheme

The Securities and Exchange Commission today announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.

14 December 2022

Company announcement/regulation

Goldman Sachs pays $4 million penalty over ESG failings

The Securities and Exchange Commission today charged Goldman Sachs Asset Management, L.P. (GSAM) for policies and procedures failures involving two mutual funds and one separately managed account strategy marketed as Environmental, Social, and Governance (ESG) investments.

23 November 2022

News/crypto

SEC charges Kim Kardashian for Instagram crypto promotion

Celebrity Kim Kardashian has been slapped with a $1.26 million charge by the Securities and Exchange Commission for touting a crypto asset security without disclosing the $250,000 pay out she got for the promotion.

03 October 2022

News/regulation

SEC hits Barclays with $361m fine for securities over-issuances

The US Securities and Exchange Commission (SEC) has charged Barclays Bank PLC and Barclays PLC for the unauthorised sale of securities.

30 September 2022