Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.
The reverse mortgage firm's former CEO and CFO allegedly obtained millions of dollars in loans by grossly inflating the value of bonds used as collateral.
Martha Bustos allegedly passed on tips about the biotech firm's quarterly results to a close friend as part of a $6 million scam.
Venkata Meenavalli, who was previously accused of illegal stock distribution, is now also facing charges that he falsified nearly 90% of Longfin's revenue.
"The securities laws should not be applied to a currency used by millions of people in dozens of apps," Kik responds.
Wes Bricker's three-year tenure will end in June, with his deputy Sagar Teotia taking over as acting chief accountant.
The SEC says Robert Morgan misused investor money from securities sales because his real-estate empire business empire "was in constant need of cash."
The Long-Term Stock Exchange aims to provide "a new way of being public" that puts long-term value creation ahead of quarterly results.
Requiring smaller companies to have their internal controls audited "may not be an efficient way of benefiting and protecting investors."
The company says employee misconduct resulted in the cost of products sold being understated by $181 million.
The ex-CEO of GT Advanced Technologies allegedly misled investors about the company's performance of an agreement to supply sapphire glass for iPhones.
Unknown traders allegedly stand to make $2.5 million in illicit profits from options trading ahead of Chevron's takeover bid for Anadarko Petroleum.
