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

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

News/regulation

Morgan Stanley, Goldman Sachs, among banks fined $1.1 billion by SEC

16 of Wall Street’s largest financial institutions been charged to pay a combined $1.1 billion to US regulators for not monitoring unauthorised employee messaging, announced the Securities and Exchange Commission (SEC) on Tuesday.

28 September 2022

News/regulation

SEC slaps Oracle with $23m fine for alleged bribery

The Securities and Exchange Commission (SEC) has announced settled charges requiring Oracle to pay $23 million, following the company’s violation of provisions in the Foreign Corrupt Practices Act (FCPA).

28 September 2022

News/security

Morgan Stanley hit with $35m penalty for device disposal failings

Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about 15 million customers.

20 September 2022

News/crypto

SEC guidelines disrupt banks' cryptocurrency projects

New accounting guidance from the US Securities and Exchange Commission (SEC) has thrown a spanner in banks’ cryptocurrency projects.

16 September 2022

News/regulation

SEC charges three with insider trading connected to Equifax data breach

The Securities and Exchange Commission has charged three people with illegally tipping and trading in the securities of Equifax in advance of the firm's announcement about a massive 2017 data breach.

17 August 2022