SEC Charges Senior Executive of Brazilian Company with Fraud
SEC
Blog
Will the games stop? SEC mulls crackdown on trading apps
REUTERS
A year after the "meme stock" rally humbled hedge funds and roiled Wall Street, U.S. regulators are studying ways to crack down on psychological prompts used by Robinhood Inc (HOOD.O) and other commission-free brokers to promote frequent stock trading on smartphone apps. read more »
Father, son from Japan guilty in Vegas in $1.5B 'Ponzi' case
ABC
Two former investment executives from Japan have pleaded guilty in Las Vegas to wire fraud in what prosecutors have called a $1.5 billion international Ponzi scheme with 10,000 victims in the U.S. and abroad. read more »
SEC Awards Over $13 Million To Whistleblower
SEC
SEC probes Tesla over whistleblower claims on solar panel defects
REUTERS
The U.S. securities regulator has opened an investigation into Tesla Inc (TSLA.O) over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years, according to a letter from the agency. read more »
Former Chief Executive Officer of Petrochemical Company Sentenced to 20 Months in Prison for Foreign Bribery Scheme
DOJ
SEC Charges Quant Analyst in Multimillion Dollar Front-Running Scheme
SEC
SEC Charges ICO Issuer and CEO With Fraud and Unregistered Securities Offering
SEC
IRS Is Catching Crypto Tax Cheats Via John Doe Summons
FORBES
The IRS is actively hunting for crypto tax cheats by demanding cryptocurrency exchanges release user information through “John Doe” summons. Once John Doe summons are issued, exchanges are legally required to release requested user information to the IRS. On March 30, 2021 a John Doe summons was issued to Kraken. On April 1, 2021, another John Doe summons was issued to Circle (owner of the cryptocurrency exchange Poloniex). read more »
6th Circuit finds whistleblower law shields ex-employees from retaliation
REUTERS
CFTC Charges Former Fuel Oil Trader with Manipulating Fuel Oil Benchmark
CFTC
U.S. Justice Department probing Visa over debit-card practices
REUTERS
The U.S. Department of Justice is investigating whether Visa Inc is engaging in anticompetitive practices in the debit-card market, the Wall Street Journal reported on Friday, citing people familiar with the matter. read more »
uBiome Co-Founders Charged With Federal Securities, Health Care Fraud Conspiracies
DOJ
SEC warns against investing in SPACs based solely on celebrity backing
REUTERS
The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes. read more »
KC Man Sentenced for $6 Million Ponzi Scheme
DOJ
SEC Awards Approximately $1.5 Million to Whistleblower
SEC
SEC Charges AT&T and Three Executives with Selectively Providing Information to Wall Street Analysts
SEC
SAP Public Services, Inc. to Pay $2.2 Million to Settle False Claims Act Allegations
DOJ
Bots hyped up GameStop on major social media platforms, analysis finds
REUTERS
SEC Issues Whistleblower Awards Totaling Over $1.7 Million
SEC
GameStop CFO to step down after Reddit driven stock rally
REUTERS
GameStop Chief Financial Officer Jim Bell will step down next month, the video game retailer said on Tuesday, as it focuses on shifting into technology-driven sales in the wake of headline-grabbing big betting in its stock. read more »
Robinhood frustration: Widow struggles to close husband's account
WCPO
SEC Awards More Than $9.2 Million to Whistleblower for Successful Related Actions, Including Agreement With DOJ
SEC
