A new initiative from the White House seeks to assert greater presidential control over independent agencies responsible for much of the nation's regulatory activity, according to a report from Bloomberg and Wealth Management. The Securities and Exchange Commission...
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Securities and Compliance
Paul Atkins sworn in as new chairman of the Securities and Exchange Commission
Paul S. Atkins has assumed his new role as Chairman of the Securities and Exchange Commission after being sworn into office last week, the SEC announced. Atkins, whose nomination by President Trump was confirmed by the Senate by a 52-44 vote, was sworn in by Treasury...
SEC awards $6 million to joint whistleblowers for assistance leading to enforcement action
Joint whistleblowers will be receiving an award of about $6 million from the Securities and Exchange Commission for their assistance, the SEC announced. The whistleblowers were credited with providing new information that led to the opening of an examination and...
3 charged with defrauding investors in bond offering that financed Arizona sports complex
Three men are accused of fraud in what authorities said was a scheme to use false documents in municipal bond offerings to finance a sports complex in Arizona. The Securities and Exchange Commission announced the charges against Randall “Randy” Miller, his son Chad...
Federal court reverses $93 million penalty imposed on Commonwealth by SEC
A federal appeals court sided with Commonwealth Financial Network in its appeal of sanctions imposed by the Securities and Exchange Commission, reports AdvisorHub. The case dates back to 2019, when the SEC alleged that Massachusetts-based Commonwealth had breached its...
