SEC News: Silicon Valley Company, Prosper, Settles Fraud Charge for Misstating Returns to Investors

Washington DC (STL.News) – The Securities and Exchange Commission Friday announced that Prosper Funding LLC will pay…

SEC Charges Roadrunner Transportation Systems Executives With Accounting Fraud

Peter Armbruster, Bret Naggs and Mark Wogsland are charged with fraud by the SEC Washington DC…

Business News: VF Corporation Announces Public Filing of Form 10 Registration Statement for Planned Separation of Kontoor Brands, Inc., Availability of Investor Presentation

GREENSBORO, NC (STL.News) – VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear…

SEC News: SEC Charges College Official, Keith Borge, for Fraudulently Concealing Financial Troubles From Municipal Bond Investors

Washington DC (STL.News) – The Securities and Exchange Commission Thursday charged the former controller of a New…

SEC News: Securities and Exchange Commission and the UK Financial Conduct Authority Sign Updated Supervisory Cooperation Arrangements

Washington DC – (STL.News) – The Securities and Exchange Commission and the United Kingdom (UK) Financial Conduct…

SEC News: SEC Charges Medical Device Company, Fresenius Medical Care AG & Co, With FCPA Violations

Washington DC (STL.News) – The Securities and Exchange Commission Friday announced that Fresenius Medical Care AG &…

SEC News: Wedbush Settles Failure to Supervise Charge

Washington DC (STL.News) – The Securities and Exchange Commission announced today that Wedbush Securities Inc. will pay…

SEC News: SEC Names Gabriel Benincasa As Its First Chief Risk Officer

Washington DC (STL.News) — The Securities and Exchange Commission today announced that Gabriel Benincasa has been named…

Business News: SEC Modifies Timing for Filing Non-Public Form N-PORT Data to Align With Its Approach to Data Management, Cybersecurity

Washington D.C. (STL.News) – The Commission yesterday modified the submission deadlines for registered investment companies filing non-public…

SEC wants Tesla CEO Elon Musk held in contempt for tweeting

SAN FRANCISCO (AP) — Tesla CEO Elon Musk‘s tweeting habits have triggered another legal challenge from…

SEC News: SEC Charges Four Public Companies With Longstanding ICFR Failures

Washington DC – Jan. 29, 2019 — The Securities and Exchange Commission today announced settled charges against…

Mercantile Bank Corporation Increases Regular Cash Dividend

  GRAND RAPIDS, Mich./ Jan. 22, 2019 (STL.News) Mercantile Bank Corporation (NASDAQ: MBWM) (“Mercantile”) announced today…

SEC News: JPMorgan to Pay More Than $135 Million for Improper Handling of ADRs

Washington D.C. – The Securities and Exchange Commission (SEC) today announced that JPMorgan Chase Bank N.A. will…

SEC News: SEC Obtains Judgment Against, John T. Place, Former CEO in Transition Management Fraud Case

U.S. Securities and Exchange Commission v. John T. Place, et al., No. 16-cv-04291 (E.D. Pa. filed…

Business News: Agencies Invite Comment on a Proposal to Exclude Community Banks from the Volcker Rule

Washington DC – Five federal financial regulatory agencies on Friday invited public comment on a proposal that…

SEC News: SEC Charges an Additional 13 Unregistered Brokers Who Sold Woodbridge Securities to Retail Investors

Securities and Exchange Commission v. Robert S. “Lute” Davis, Jr., et al., No. 2:18-cv-10481 (C.D. Cal.…

SEC News: SEC Adopts Final Rules to Allow Exchange Act Reporting Companies to Use Regulation A

Washington D.C. – The Securities and Exchange Commission (SEC) adopted final rules to allow reporting companies to rely…

SEC News: SEC Charges Former Panasonic Executives, Paul A. Margis

Washington DC – The Securities and Exchange Commission (SEC) today charged two former senior executives of the U.S.…

SEC News: SEC Adopts Final Rules for Disclosure of Hedging Policies

Washington DC – The Securities and Exchange Commission (SEC) today approved final rules to require companies to disclose…

SEC News: Scott W. Bauguess, Deputy Director of the Division of Economic and Risk Analysis, to Leave the Agency After a Decade of Service

Washington DC – The Securities and Exchange Commission (SEC) today announced that Scott W. Bauguess, Deputy Director of…

SEC News: SEC Obtains Final Judgment Against Suburban Chicago Tech Executive, Gregory E. Webb

SEC v. Gregory E. Webb, et al., No. 11-CV-7152 (N.D. Ill. filed Oct. 11, 2011) WASHINGTON…

SEC News: SEC Charges Former New York Investment Advisor, Hector May and Daughter, Vania Bell, With Conducting a Ponzi Scheme

Washington D.C. – The Securities and Exchange Commission (SEC) today charged a former Rockland County, New York-based investment…

SEC News: SEC Halts Alleged Insider Trading Ring Spanning Three Countries

Securities and Exchange Commission v. Rajeshwar R. Gannamaneni, Deepthi Gandra, and Linga R. Gannamaneni, No. 18-CV-11390…

SEC News: SEC Files Subpoena Enforcement in Possible Market Manipulation Scheme

Securities and Exchange Commission v. NVC Fund LLC and Frank Ekejija, No. 2:18-mc-00164 (C.D. Cal. filed…

Business News: SEC Charges Owner of Options Trading Website for Defrauding Retail Investors

Securities and Exchange Commission v. Mark Suleymanov, No. 2:18-cv-06854 (E.D.N.Y. filed December 3, 2018) WASHINGTON –…

SEC News: SEC Charges Kentucky Man for Role in Nationwide Oil Investment Scheme

Securities and Exchange Commission v. Jared Gabriel Forrester, Civil Docket No. 4:18-cv-00283-RSB-JEG (S.D. Ga. filed November…

SEC News: SEC Obtains Final Judgement Against Steven A. Newman

SEC v. Zev Saltsman, et al., Civil Action No. 07-CV- 4370 (NGG) (E.D.N.Y.) (filed October 19,…

Securities and Exchange Commission News: Kurt Gottschall Named Director of Denver Office

Washington D.C. – The Securities and Exchange Commission today announced that Kurt L. Gottschall has been named…

SEC News: SEC Announces Settlement in Fraud Case Against Former Investment Adviser, Cornelius Peterson

Securities and Exchange Commission v. James S. Polese, et al., Civil Action No. 18-cv-10186 (D. Mass.,…

SEC News: SEC Brings Additional Charges in New York Boiler Room Scheme Targeting Seniors

Securities and Exchange Commission v. Mark Burnett, Jeffrey Miller, Christian Romandetti, Frank Sarro, Anthony Vassallo, and…