US SEC Fines Robinhood Broker-Dealers $45 Million for Regulatory Violations

by Theresa Joy Lacatan | Jan 14, 2025 | Blog News, Crypto News

On 13 January 2025, the United States Securities and Exchange Commission (US SEC) published order instituting administrative and cease-and-desist proceedings, pursuant to sections 15(b) and 21c of the United States Securities Exchange Act of 1934, making findings, and...

US SEC Updates Investment Company Names Rule with New FAQs, Retiring Obsolete Guidelines

by Theresa Joy Lacatan | Jan 9, 2025 | Blog News, Crypto News

On 7 January 2025, the United States Securities and Exchange Commission (US SEC) published updated Frequently Asked Questions (FAQs) related to Rule 35d-1 under the United States Investment Company Act of 1940, commonly known as the “names rule.” These 2025 FAQs...

Former Texas Resident Leena Jaitley Ordered to Pay Millions Following US SEC Fraud Complaint

by Theresa Joy Lacatan | Jan 8, 2025 | Blog News, Crypto News

On 7 January 2025, the United States Securities and Exchange Commission (US SEC) published the Litigation release. On 12 December 2024, the United States District Court for the Western District of Texas issued a final judgment against Leena Jaitley, a former resident...

US SEC Chair: Registered PCAOB Inactive Firms under Scrutiny with New Registration Withdrawal Rule

by Theresa Joy Lacatan | Jan 6, 2025 | Blog News, Crypto News

On 2 January 2025, Gary Gensler, Chair of the United States Securities and Exchange Commission (US SEC), gave an official statement announcing a rule change approved by the US SEC. The new regulation, proposed by the Public Company Accounting Oversight Board (PCAOB),...

US SEC Bars Richard Brown for Securities Fraud and Undisclosed Kickbacks

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 23 December 2024, the United States Securities and Exchange Commission (US SEC) issued an order under Section 15(b) of the United States Securities Exchange Act of 1934, permanently barring Richard Brown from associating with any broker-dealer, investment adviser,...