Examinations Enforcement: SEC Actions

Consider that door closed. An attempt by Barclays to “open doors” by hiring the relatives and friends of foreign government officials in a bid to ...

SEC Announces Fraud Charges Related to Wisconsin Investment Fund Litigation Release No. 24632 / September 30, 2019 Securities and Exchange Commission v. Bluepoint Investment Counsel, ...

SEC Charges Connecticut Man with Ponzi Scheme Defrauding Retail Investors Litigation Release No. 24629 / September 30, 2019 Securities and Exchange Commission v. James T. ...

Misappropriated money from retail investors that was supposed to be invested in private funds

Advisers systematically overbilled more than 100 of its client accounts for a total amount of over $11.8 million

Fixelle distributed false account statements indicating that investors funds were fully invested and overall earning positive returns. In reality, however, the Complaint alleged, Fixelle misappropriated ...

The curious case of an airline baggage handler

Ignoring SEC guidance comes with its own peril. Back in July 2017, the Commission cautioned the digital assets industry that many digital assets are securities ...

SEC Obtains Final Judgments and Bars Against Former Investment Adviser and Senior Officers for Fraudulent "Cherry-Picking" Scheme Litigation Release No. 24615 / September 25, 2019 ...

The Commission’s complaint alleged that Respondent operated EIMT as a Ponzi scheme. Through EIMT, Respondent obtained more than $40 million from approximately 150 investors, many ...