U.S. Securities and Exchange Commission
Healthcare Services Group Fined Over Accounting
CFO John Shea allegedly failed to record loss contingencies from legal liabilities, enabling HCSG to report inflated earnings and consistent growth.
Ex-Netflix Engineers Charged With Insider Trading
The SEC says the software engineers were part of a ring that made $3.1 million in illicit profits based on tips about Netflix subscriber growth.
SEC Backs Nasdaq’s Boardroom Diversity Plan
The decision "marks a historic moment for advocates and investors who have been pushing for [more diversity] in corporate America’s higher ranks."
DeFi Platform Fined $13M Over Crypto Offerings
The SEC targets decentralized finance in alleging the founders of DeFi Money Market illegally sold more than $30 million in securities.
New SEC Chief Aims to Tame Crypto ‘Wild West’
SEC Chair Gary Gensler says the industry is "rife with fraud" and if Congress doesn't act, "I worry a lot of people will be hurt."
SEC to Tighten Disclosure Rules for Chinese Firms
“The disclosures of U.S.-listed Chinese companies have not met the threshold of disclosure for other companies headquartered in the U.S."
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.”