Wednesday, December 1, 2021

SEC Updates List of Firms Using Inaccurate Information to Solicit Investors

The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 82 soliciting entities, eight (8) impersonators of genuine firms, and…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.


Visit The Securities Law Home Page - news and tips from securities regulators and top securities attorneys

Monday, November 29, 2021

SEC Staff Issues Accounting Guidance on "Spring-Loaded" Compensation Awards to Executives

Securities and Exchange Commission staff today released guidance for companies about how to properly recognize and disclose compensation cost for "spring-loaded awards" made to executives. Spring-loaded awards are share-based compensation arrangements…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.


Visit The Securities Law Home Page - news and tips from securities regulators and top securities attorneys

Saturday, November 27, 2021

Daniel R. Gregus Named Director of Chicago Office

The Securities and Exchange Commission today announced that Daniel R. Gregus has been named Director of the Chicago Regional Office, where he has served as acting co-director since June. Mr. Gregus is a 28-year veteran of the SEC and has held leadership…

Friday, November 26, 2021

SEC Adopts New Rules for Universal Proxy Cards in Contested Director Elections

The Securities and Exchange Commission today voted to adopt final rules requiring parties in a contested election to use universal proxy cards that include all director nominees presented for election at a shareholder meeting. The rule changes will give…For More information on the United States Securities Law visit Securities Law Blog - SECLaw.com - News and Content from Securities Regulators and Top Securities Lawyers

Monday, November 22, 2021

SEC Charges Oilfield Services Company and Former CEO With Failing to Disclose Executive Perks and Stock Pledges

The Securities and Exchange Commission today announced that Texas-based oilfield services company ProPetro Holding Corp. and its founder and former CEO Dale Redman have agreed to settle charges that they failed to properly disclose some of Redman’s…

Read the Full Press Release
Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

SEC Issues Whistleblower Awards Totaling Approximately $10.4 Million

The Securities and Exchange Commission today announced awards totaling approximately $10.4 million to several whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued awards totaling…

Read the Full Press Release
Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

SEC Announces Enforcement Results for FY 2021

The Securities and Exchange Commission today announced that it filed 434 new enforcement actions in fiscal year 2021, representing a 7 percent increase over the prior year. Seventy percent of these new or "stand-alone" actions involved at least one…

* This article was originally published here ____ For More information on the United States Securities Law visit Securities Law Blog - SECLaw.com - News and Content from Securities Regulators and Top Securities Lawyers

Sunday, November 21, 2021

McKinsey Affiliate to Pay $18 Million for Compliance Failures in Handling of Nonpublic Information

The Securities and Exchange Commission today announced that an affiliate of McKinsey & Company that offers investment options exclusively to current and former McKinsey partners and employees has agreed to pay an $18 million penalty for compliance…

* This article was originally published here ____ For More information on the United States Securities Law visit Securities Law Blog - SECLaw.com - News and Content from Securities Regulators and Top Securities Lawyers

Friday, November 19, 2021

McKinsey Affiliate to Pay $18 Million for Compliance Failures in Handling of Nonpublic Information

The Securities and Exchange Commission today announced that an affiliate of McKinsey & Company that offers investment options exclusively to current and former McKinsey partners and employees has agreed to pay an $18 million penalty for compliance…

Read the Full Press Release
Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

Thursday, November 18, 2021

SEC Proposes Updates to Electronic Recordkeeping Requirements

The Securities and Exchange Commission today published proposed amendments to the electronic recordkeeping and prompt production of records requirements applicable to broker-dealers, security-based swap dealers (SBSDs), and major security-based swap…

Read the Full Press Release
Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.