Small Business Capital Formation Advisory Committee Jan. 29 Meeting to Focus on Smaller Public Company Markets

The Securities and Exchange Commission today released the agenda for the Friday, Jan. 29 meeting of its Small Business Capital Formation Advisory Committee, which will focus on the experiences of smaller public companies and the Commission’s recent…

Source: SEC Press Releases, Small Business Capital Formation Advisory Committee Jan. 29 Meeting to Focus on Smaller Public Company Markets

Shelley E. Parratt, Acting Director of the Division of Corporation Finance, to Conclude SEC Career After 35 Years of Service

The Securities and Exchange Commission today announced that Shelley E. Parratt, Acting Director of the SEC’s Division of Corporation Finance, is retiring next month after 35 years of service to the Commission. Ms. Parratt joined the SEC’s Division…

Source: SEC Press Releases, Shelley E. Parratt, Acting Director of the Division of Corporation Finance, to Conclude SEC Career After 35 Years of Service

What's Happening from Start-Up to Small Cap: SEC's Small Business Advocate to Host Capital Call Feb. 4

The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation will host its second annual Capital Call on Feb. 4, 2020, at 1 p.m. ET, where the office will talk about what’s happening with capital raising…

Source: SEC Press Releases, What’s Happening from Start-Up to Small Cap: SEC’s Small Business Advocate to Host Capital Call Feb. 4

SEC Charges Real Estate Fund Manager With Misappropriating Over $7 Million From Retail Investors

The Securities and Exchange Commission today charged fund manager Eric C. Malley and his company MG Capital Management L.P. with defrauding retail investors in two real estate funds managed by MG Capital.

According to the SEC’s complaint, beginning in…

Source: SEC Press Releases, SEC Charges Real Estate Fund Manager With Misappropriating Over Million From Retail Investors

Paul G. Cellupica, Division of Investment Management Deputy Director and Chief Counsel to Conclude Tenure at SEC

The Securities and Exchange Commission today announced that Paul G. Cellupica, Deputy Director and Chief Counsel of the Division of Investment Management, will depart the agency later this month.

Mr. Cellupica rejoined the division as Deputy Director in…

Source: SEC Press Releases, Paul G. Cellupica, Division of Investment Management Deputy Director and Chief Counsel to Conclude Tenure at SEC

SEC Charges Jewelry Wholesaler with Fraudulent Securities Offering Targeting Current and Retired Police Officers and Firefighters

The Securities and Exchange Commission today charged Gregory Altieri, of Melville, New York, for operating a fraudulent Ponzi-like scheme that defrauded current and retired police officers and firefighters, among others, and misappropriating investor…

Source: SEC Press Releases, SEC Charges Jewelry Wholesaler with Fraudulent Securities Offering Targeting Current and Retired Police Officers and Firefighters

SEC Issues Statement and Requests Comment Regarding the Custody of Digital Asset Securities by Special Purpose Broker-Dealers

The Securities and Exchange Commission today issued a statement and request for comment regarding the custody of digital asset securities by broker-dealers in order to encourage innovation around the application of Securities Exchange Act Rule 15c3-3 to…

Source: SEC Press Releases, SEC Issues Statement and Requests Comment Regarding the Custody of Digital Asset Securities by Special Purpose Broker-Dealers

SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered,…

Source: SEC Press Releases, SEC Charges Ripple and Two Executives with Conducting .3 Billion Unregistered Securities Offering