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The Five Principles of Effective Cooperation in SEC Investigations

May 30, 2024/US SEC Gurbir S. Grewal Director, Division of Enforcement Bruce [Carton, founder/editor of Securities Docket], thank you not just for the introduction, but also for the invitation to join you today. This event, together with its East Coast and now Midwest counterparts, offers regulators like me a unique […]

SEC Charges Advisory Firm Mass Ave Global and Co-Founder and CEO Winston Feng with False Statements and Undisclosed Conflicts

May 30, 2024/US SEC The Securities and Exchange Commission today instituted settled proceedings against formerly registered investment adviser Mass Ave Global Inc. (MassAve) and its co-founder and CEO Winston M. Feng for making false and misleading statements to investors in MassAve’s flagship opportunity fund. To settle the SEC’s charges, MassAve […]

PalmPay Champions Trust as Key to Africa’s Last Mile Financial Inclusion Drive

For digital payment platforms in the African FinTech space to thrive, transparency in their processes is vital May 29, 2024/PalmPay PalmPay, an African-focused fintech company, has emphasized the importance of building customer trust among stakeholders in the FinTech industry across Africa, saying that trust was essential to achieving last-mile access […]