August 30, 2022/US SEC The Securities and Exchange Commission announced that it has filed an action against Ignite International Brands, Ltd., a publicly traded company based in Ontario, Canada, seeking an order directing it to comply with an investigative subpoena for documents. According to the SEC’s filing in the U.S. […]
Frauds & Scandals
SEC to Intensify War Against Ponzi Schemes – Yuguda
August 29, 2022/SEC Nigeria Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda as stated that the Commission will continuously collaborate and engage relevant agencies to eliminate completely all Ponzi schemes operations in the capital market. Yuguda who spoke in Abuja weekend, said the SEC has been fighting […]
SEC Amends Whistleblower Rules to Incentivize Whistleblower Tips
August 26, 2022/US SEC The Securities and Exchange Commission today adopted two amendments to the rules governing its whistleblower program. The first rule change allows the Commission to pay whistleblowers for their information and assistance in connection with non-SEC actions in additional circumstances. The second rule affirms the Commission’s authority […]
