Tag: SEC

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 21, 2017 BY Valentina Kirilova

Kathryn A. Pyszka named as Associate Regional Director for Enforcement in the SEC’s Chicago office

The Securities and Exchange Commission (SEC) announced that Kathryn A. Pyszka has been named an Associate Regional Director for Enforcement in the SEC’s Chicago Office. Ms. Pyszka succeeds Timothy L. Warren, who retired from the SEC in January. In her new role, Ms. Pyszka will co-lead the Chicago Office’s Enforcement program with Robert Burson, who…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 16, 2017 BY Valentina Kirilova

Keith Cassidy named Associate Director of Technology Controls Program in OCIE: SEC

The Securities and Exchange Commission (SEC) announced that Keith E. Cassidy has been named Associate Director, Technology Controls Program, in the Office of Compliance Inspections and Examinations (OCIE). Mr. Cassidy began his career at the SEC as an Attorney Advisor in the Office of Legislative and Intergovernmental Affairs in 2010 before being promoted to Deputy…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 09, 2017 BY Valentina Kirilova

SEC names Stephanie Avakian and Steven Peikin as Co-Directors of Enforcement

The Securities and Exchange Commission (SEC) announced that Acting Director of the Division of Enforcement Stephanie Avakian and former federal prosecutor Steven Peikin have been named Co-Directors of the Division of Enforcement. The Division of Enforcement is the agency's largest unit with more than 1,200 investigators, accountants, trial attorneys, and other professionals. There is no…

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June 05, 2017 BY LeapRate Staff

SEC charges Alpine Securities Corp with AML failures and manipulative practices

The U.S. Securities and Exchange Commission today charged a Salt Lake City-based brokerage firm, Alpine Securities Corporation, with securities law violations related to its alleged practice of clearing transactions for microcap stocks that were used in manipulative schemes to harm investors. To help detect potential securities law and money laundering violations, broker-dealers are required to…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 26, 2017 BY Valentina Kirilova

SEC names Peter Uhlmann Managing Executive in Chairman's Office

The Securities and Exchange Commission (SEC) announced that Peter Uhlmann has been named the managing executive in the Office of Chairman Jay Clayton. Mr. Uhlmann will advise Chairman Clayton in matters relating to agency administration, operations, and management, and will serve as the Chairman's primary liaison to divisions and offices on these matters. I am pleased…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 25, 2017 BY Valentina Kirilova

SEC files charges in trading scheme involving confidential government information

The Securities and Exchange Commission (SEC) announced charges in an alleged insider trading scheme involving tips of nonpublic information about government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers or suppliers. The SEC’s complaint alleges that David Blaszczak, a former government employee turned political intelligence consultant,…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
May 22, 2017 BY Valentina Kirilova

SEC charges fake filer with manipulating Fitbit stock

The Securities and Exchange Commission (SEC) filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 16, 2017 BY Valentina Kirilova

SEC names Robert B. Stebbins as General Counsel

The Securities and Exchange Commission (SEC) announced that Robert B. Stebbins has been named General Counsel of the agency. The General Counsel is the chief legal officer of the agency, providing a variety of legal services to the Commission and staff. Bob is an exceptional attorney and counselor, and I know his depth of knowledge…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
May 16, 2017 BY Valentina Kirilova

Former head traders at Nomura Securities charged with fraud

The Securities and Exchange Commission (SEC) charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. (ADR) (NYSE:NMR) with deliberately lying to customers in order to inflate the profits of the CMBS desk and line their own pockets as a result. Just last month SEC…

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