In Your Interest
SEC penalizes firms, recovers more than $6 million of excess fees tied to options trading strategy September 25, 2024/US SEC The Securities and Exchange Commission today announced charges against Harvest Volatility Management LLC and Merrill Lynch, Pierce, Fenner & Smith Inc. for exceeding clients’ designated investment limits over a two-year […]
Companies also charged with unregistered offer and sale of securities September 24, 2024/US SEC The Securities and Exchange Commission today announced settled charges against TrueCoin LLC and TrustToken Inc. for their fraudulent and unregistered sales of investment contracts involving TrueUSD (TUSD), a purported stablecoin. According to the SEC’s complaint, filed […]
One additional firm will not pay a penalty because it self-reported, self-policed, and demonstrated substantial efforts at compliance September 24, 2024/US SEC The Securities and Exchange Commission today announced charges against 12 firms, comprising broker-dealers, investment advisers, and one dually-registered broker-dealer and investment adviser, for widespread and longstanding failures by […]