July 12, 2023/SEC Nigeria The absence of the counsel to Elixir Asset Management Limited, Elixir Investment Partners Limited along with two of their Directors Clara-Bittinger Mshelia-Whyte and Sarah Ogbemudia has stalled the arraignment of the accused persons. The case was subsequently adjourned to October 9th, 2023 for arraignment. They had […]
Frauds & Scandals
SEC Awards Whistleblower More Than $9 Million
July 12, 2023/US SEC The Securities and Exchange Commission today announced an award of more than $9 million to a whistleblower whose significant and detailed information and assistance led to a successful SEC enforcement action. After repeatedly internally reporting the concerns, the whistleblower alerted SEC’s Enforcement Division to the conduct, […]
SEC Charges RSE Markets Inc. for Operating an Unregistered Securities Exchange
July 12, 2023/US SEC The Securities and Exchange Commission today announced settled charges against RSE Markets Inc. for operating as an unregistered exchange by maintaining and providing a marketplace and facilities that brought together purchasers and sellers of securities, specifically equity interests in “collectible assets” such as valuable cars and […]
