The chair of the Securities and Exchange Commission addressed the SEC's proposed climate disclosure rules during a recent U.S. Chamber of Commerce forum, according to a Reuters report. At the Oct. 26 event, Gary Gensler spoke with business leaders about the new...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: October 2023
FINRA charges broker with excessive trading in investors’ accounts
The Financial Industry Regulatory Authority has filed a complaint against a California broker over what it said was excessive trading in the accounts of investors, reports AdvisorHub. The allegations against Stewart Ginn are from the period between July 2020 and...
Firms concerned video calls may become part of SEC messaging crackdown
Financial firms are bracing for the prospect that video calls may become part of the SEC's crackdown on unauthorized messaging that thus far has included texts and emails, according to a report by Reuters. Firms are required to monitor and save employee communications...
SEC takes action to halt $130 million fraud targeting Indian American community
The Securities and Exchange Commission announced a series of enforcement actions aimed at stopping an ongoing fraud it said was targeting the Indian American community. The SEC said it obtained a temporary restraining order, asset freeze, and other emergency relief in...
SEC Division of Examinations sets out priorities for 2024
The Securities and Exchange Commission’s Division of Examinations has released its examination priorities for 2024, AdvisorHub reports. The priorities are issued to inform investors and registrants of the key risks, examination topics, and priorities that the Division...
