Market makers separately charged as unregistered dealers March 29, 2023/US SEC The Securities and Exchange Commission today charged the crypto asset trading platform beaxy.com (the Beaxy Platform) and its executives for failing to register as a national securities exchange, broker, and clearing agency. The SEC also charged the founder of […]
Frauds & Scandals
SEC Charges Texas Resident with Orchestrating Three Separate Schemes Defrauding Investors Out of Over $8.4 Million
March 27, 2023/US SEC On March 23, 2023, the Securities and Exchange Commission charged Aaron Cain McKnight with orchestrating three separate fraudulent investment schemes through which he allegedly stole more than $8.4 million from at least 28 investors. The SEC also charged a lawyer, his law firm, a promoter, and […]
Young people Urged to Avoid Ponzi Schemes
March 27, 2023/SEC Nigeria As the campaign to create awareness among the youths and young people and further attract them to the capital market gathers momentum, Young Nigerians have been urged to ensure they invest with entities that are registered by the Securities and Exchange Commission. Director, Market Development Department […]
