SEC

The U.S. Securities and Exchange Commission is an independent agency of the United States federal government.

Source: en.wikipedia.org

SEC Charges Payday Lender Sky Group With $66M Fraud
SEC Charges Payday Lender Sky Group With $66M Fraud
September 27, 2021  |  Security & Fraud

The Securities and Exchange Commission (SEC) has accused a Miami-based payday loan company and its CEO of defrauding its investors. The SEC announced the charges...

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Coinbase: SEC Only Agency That Declined Meeting
Coinbase: SEC Only Agency That Declined Meeting
September 24, 2021  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) was the only government agency that declined to meet with Coinbase, CEO Brian Armstrong said on a business...

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Kentucky Bars Crypto Firm Celsius From Offering Accounts
Kentucky Bars Crypto Firm Celsius From Offering Accounts
September 24, 2021  |  Cryptocurrency

Citing “unprecedented risk to consumers,” the state of Kentucky has blocked the crypto lender Celsius from offering its residents interest paying accounts.  As Bloomberg reported...

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Robinhood Pulls Fresh Growth Arrow From Its Quiver, Goes All in on Crypto Wallets
Robinhood Pulls Fresh Growth Arrow From Its Quiver, Goes All in on Crypto Wallets
September 22, 2021  |  Cryptocurrency

In the face of a possible regulatory challenge to its primary revenue stream, Robinhood is doubling down and seemingly going all in on crypto. As reported...

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In First-Ever Case, SEC Charges Crowdfunding Site With Allegedly Selling Unregistered Securities
In First-Ever Case, SEC Charges Crowdfunding Site With Allegedly Selling Unregistered Securities
September 21, 2021  |  Legal

The Securities and Exchange Commission (SEC) has charged three people along with an issuer with conducting a fraud scheme to sell almost $2 million in...

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Coinbase Kills Lend Product Amid SEC Ire
Coinbase Kills Lend Product Amid SEC Ire
September 20, 2021  |  Cryptocurrency

Following lawsuit threats by the Security and Exchange Commission (SEC), Coinbase is killing its proposed loan product Coinbase Lend and its associated waitlist. “Our goal...

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Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
Toast Leads the IPO Parade of Platforms Featuring Hefty Valuations
September 17, 2021  |  IPO

Last week’s listing announcements and actual public debuts of companies were more widely varied among initial public offerings (IPOs) and special-purpose acquisition company (SPAC)-related headlines...

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SEC Chair Gensler Tells Capitol Hill That Cryptos, Stock Trading Platforms Need Updated Regulations
SEC Chair Gensler Tells Capitol Hill That Cryptos, Stock Trading Platforms Need Updated Regulations
September 15, 2021  |  Regulation

Mr. Gensler goes to Washington. You’ve seen this movie before, and there’ll be sequels down the line. Securities and Exchange Commission Chair Gary Gensler fired...

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Robinhood: SEC Won’t Ban Payment for Order Flow
Robinhood: SEC Won’t Ban Payment for Order Flow
September 13, 2021  |  Investments

The Securities and Exchange Commission will investigate, but not ban, a practice known as payment for order flow, the legal chief for the Robinhood trading...

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