Tag: Securities and Exchange Commission

In an era where regulatory oversight of the wealth and asset management sector is intensifying globally, the stakes for compliance have never been higher. This sector, pivotal to national economies, plays a crucial role in helping consumers manage their assets and achieve their financial goals. However, its significance also makes it a potential target for misuse by malicious entities aiming to launder money.

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.

In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three...

BIO-key International, an avant-garde in workforce and customer Identity and Access Management (IAM) solutions, recently announced the pricing details of its latest public offering.

Goldman Sachs & Co. has settled charges with the Securities and Exchange Commission (SEC) for neglecting to supply comprehensive and precise securities trading details, otherwise known as blue sheet data. The prominent financial institution has consented to a penalty of $6m to conclude the SEC's allegations.

The SEC adopted new rules requiring public firms to disclose all cyber breaches that could affect their bottom lines within four days.

Bitkub, a flourishing FinTech entity in Thailand's cryptocurrency exchange landscape, was established by Jirayut Srupsrisopa in 2018. The company has successfully carved a space for itself as a platform enabling users to buy, sell, and store their cryptocurrency assets.

JPMorgan Chase, has been hit with a $4m fine from the SEC for the inadvertent deletion of 47 million emails.

Marathon Digital, a digital asset technology company with a focus on Bitcoin, announced a private placement that resulted in a securities purchase agreement for the sale of 15,000 shares of Series A redeemable convertible preferred stock.

Nigeria’s Securities and Exchange Commission (SEC) has warned capital market operators to stop supporting online investment trading platforms and providing access to unregistered foreign securities in Nigeria.