U.S. Securities and Exchange Commission
Cybersecurity Tycoon Accused of Touting ICOs
The SEC says John McAfee promoted initial coin offerings without disclosing that issuers paid him more than $23 million for his promotions.
Three Former Manitex Execs Charged With Fraud
Former CFO Michael Schneider and two colleagues allegedly engaged in schemes that resulted in the crane maker’s revenue and profit being overstated.
Kroll Fined $2M for Violating Credit-Rating Rules
The SEC says Kroll failed to comply with rules for determining the ratings of commercial mortgage-backed securities and CLO Combo Notes.
Ex-Amazon Employee Accused of Insider Trading
The manager in Amazon's tax department allegedly made illegal trades with two family members ahead of the company's earnings announcements.
Interface, ex-CFO Fined $5M for Inflating Earnings
The SEC says the carpet maker adjusted its accounting when its forecasts indicated it would likely fall far short of analysts' earnings estimates.
Biotech Exec Charged With COVID Test Fraud
The SEC says Arrayit President Mark Schena falsely claimed the company had developed a test and it was awaiting emergency FDA approval.
Power Solutions Fined for Accounting Fraud
The engine maker's former CEO and two other executives allegedly orchestrated transactions to inflate the company's revenue by almost $25 million.
SEC Drops Proposed Whistleblower Award Rule
The commission recognized “the importance of paying awards to whistleblowers and the invaluable contributions whistleblowers make to protecting investors."
S&P Index Manager Charged With Insider Trading
James Yang allegedly traded in options after he learned in advance that their issuers would be added to or removed from one of S&P Dow Jones' three indices.
Fraud Prevention Firm’s Ex-CEO Charged With Fraud
Adam Rogas, a co-founder of NS8, was "the proverbial fox guarding the henhouse," a prosecutor says in announcing his arrest.
CFTC Urges Changes to Climate Risk Disclosure
Current rules have "not resulted in disclosures of a scope, breadth, and quality to be sufficiently useful to market participants and regulators."