U.S. Securities and Exchange Commission
CPA Charged With Violating Auditing Rules
Christopher Knauth allegedly performed an audit of a public company even though his firm was not registered with the PCAOB.
SEC Unveils Rule on Oversight of Chinese Issuers
The regulator indicated how it will implement a law aimed at delisting Chinese companies that do not meet U.S. auditing standards.
uBiome Founders Charged With $60 Million Fraud
The SEC says Jessica Richman and Zachary Apte misrepresented that their biotech startup was generating reliable revenue from insurance reimbursements.
Chamber Urges SEC Caution on Climate Disclosure
Stepping up enforcement efforts through the new climate and ESG task force should not take precedence over rulemaking, the Chamber says.
New SEC Task Force to Police Climate Disclosure
“Climate risks and sustainability are critical issues for the investing public and our capital markets,” Acting Chair Allison Herren Lee says.
Biden’s SEC Pick Warns of Crypto Fraud Risks
The SEC must ensure that crypto markets "are free of fraud and manipulation,” Gary Gensler told the Senate Banking Committee.
Seven Accused of $45M Pump-and-Dump Fraud
Kelly Kabilafkas allegedly orchestrated a fraud that culminated in him and his associates dumping shares in Airborne Wireless Network.
SEC to Update Rules on Climate Risk Disclosure
“Now more than ever, investors are considering climate-related issues when making their investment decisions,” Acting Chair Allison Herren Lee says.
Coinseed Accused of Illegal Digital Token Sales
The crypto platform allegedly sold tokens without registering the offerings and misrepresented the financial services experience of its former CFO.
SEC Sues Morningstar Over CMBS Ratings
The firm allegedly made undisclosed changes to its ratings model that allowed issuers to shortchange investors on interest.
SEC Urges Heightened Disclosure During Volatility
Companies should address “the effects of a potential ‘short squeeze’ due to a sudden increase in demand for your stock.”