U.S. Securities and Exchange Commission
Nikola Founder Charged With Fraud
The SEC said Trevor Milton repeatedly provided false and misleading information to investors, often communicated to them through social media.
Tandy Leather Fined for Faulty Inventory Tracking
The SEC says the limitations in Tandy's tracking system resulted in inaccurate information being included in its financial statements going back to 2016.
SEC Alleges Fraud in Space SPAC Merger
Space exploration startup Momentus and its blank-check partner allegedly misled investors in statements promoting the $1.2 billion deal.
Three Sued Over Blockchain Firm Trading
The SEC says the controlling shareholder of Long Blockchain and two associates engaged in insider trading ahead of market-moving news.
SEC Taps New Jersey AG as Enforcement Chief
Gurbir Grewal "has the ideal combination of experience, values, and leadership ability to helm the Enforcement Division at this critical time.”
Mutual Fund Operators Accused of $100M Fraud
The SEC says Ofer Abarbanel and Victor Chilelli misappropriated investor funds to buy Treasury securities for themselves.
First American Settles SEC Charges for Cybersecurity Disclosure Failures
The real-estate title insurer failed to secure 16 years’ worth of documents containing sensitive personal information.
Time for CFOs to Influence the SEC’s Climate Effort
Companies should seize the opportunity to engage with the SEC to help craft efficient and responsive climate change disclosure rules.
Healthcare Firm Charged With $4 Million Fraud
Premier Healthcare Solution's founder allegedly did not disclose he had made "a living as a pseudoscientist marketing fake technologies."
S&P Dow Jones Fined $9M Over Index Glitch
The SEC says the VIX index published stale values during the market spike on Feb. 5, causing huge losses on a Credit Suisse futures contract.
Two More SPACs to Restate Financial Results
The restatements follow new SEC guidance on how SPACs should account for the warrants that they typically issue as part of initial public offerings.