Tag: SEC

sec
August 30, 2019 BY Valentina Kirilova

Whistleblower awarded more than $1.8 million

The Securities and Exchange Commission (SEC) announced that they have awarded more than $1.8 million to a whistleblower. The whisteblower alerted SEC about a misconduct committed overseas and provided extensive and ongoing cooperation during the course of the investigation, including the review of documents. The whistleblower in this matter provided stellar information and ongoing assistance…

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August 13, 2019 BY Mariela Naydenova

Decision on Bitcoin ETFs by October 2019

The SEC continues to delay the launch of the much-awaited decision on whether there will be a Bitcoin ETF after all, or not. Currently, the SEC has to decide if it will grant three ETFs. The information comes from filings posted on August 12th, 2019. The three sponsors of the Bitcoin ETF proposals are Wilshire…

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insider trading
August 13, 2019 BY Valentina Kirilova

Investment banking analyst charged with insider trading

The Securities and Exchange Commission (SEC) has yesterday charged an analyst at an international investment bank with insider trading. According to the SEC, Bill Tsai, a junior investment broker, had a confidential information about Siris Capital Group's plans to acquire Electronics for Imaging, Inc. (EFII). Tsai was working from the bank's New York office. Knowing…

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August 06, 2019 BY Valentina Kirilova

SEC to outsource crypto data collection from blockchain nodes

The Securities and Exchange Commission (SEC) in the U.S. has published a request for blockchain support. The agency wishes to outsource the task of running nodes on the BTC, ETH, and XRP blochchains, ostensibly “to support its efforts to monitor risk, improve compliance, and inform commission policy with respect to digital assets.” The Trustnodes news…

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cftc fca regulation
June 14, 2019 BY Valentina Kirilova

FCA Executive Director speaks to cooperation efforts at New York forum

Regulators have a tough enough time policing their domestic jurisdictions, but with the complexities of global commerce, cyber threats proliferating across the globe, and shady virtual businesses evading the rule of law, the need for ample coordination and cooperation between national regulators is paramount. Due to this need, the United States Commodity Futures Trading Commission…

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