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Category: SEC

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SEC Touts Gains in Enforcement Actions in 2023

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As we prepare to flip the calendar to 2024, the tidal wave of announcements from federal agencies celebrating their yearly accomplishments has already started. The annual inundation of statistics often feels like a competition to see which...

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SEC Uses ‘Swiss Army’ Statute in $25 Million Fine for Violations on Stock Buybacks

Swiss Army knife as multi-use tool

Companies that alter their trading plans outside guidelines authorized by their boards should beware of the risk of heightened regulatory scrutiny from the Securities and Exchange Commission. The agency on November 14 announced that Charter...

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Cyber Risk Disclosures in Crosshairs as SEC Charges SolarWinds with Fraud

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CISOs are on alert as SEC steps up enforcement on cyber breach disclosures The Securities and Exchange Commission has left some cybersecurity professionals and chief information security officers “spooked” following news that the agency in...

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A Rulemaking Process for the Rest of Us

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Festivus came early this year for Mark Uyeda. In public appearances earlier this month, the Republican-appointed commissioner of the Securities and Exchange Commission aired his grievances with the agency’s rulemaking process. (Observers of...

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Adviser Compliance, Crypto, Money Laundering Among SEC Exam Priorities

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Cybersecurity. Cryptocurrency. Money laundering. In a recently released report on its examination priorities for 2024, the Securities and Exchange Commission Division of Examination – better known as EXAMS – highlighted several areas it int...

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