April 26 Webcast: Regulators and Emerging Technologies — Key Risk and Regulatory Compliance Considerations on AI, Digital Assets, and What’s Next

April 26 Webcast: Regulators and Emerging Technologies — Key Risk and Regulatory Compliance Considerations on AI, Digital Assets, and What’s Next

March 23, 2023, 1:47 pm
Please join Justin Herring, Erez Liebermann, Luke Tenery and Daron Hartvigsenfor this webcast.
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Mar. 2 Webcast: Navigating the Minefield of Dodd-Frank’s Whistleblower Provisions (2022 Update)

Mar. 2 Webcast: Navigating the Minefield of Dodd-Frank’s Whistleblower Provisions (2022 Update)

January 24, 2023, 3:10 pm
Please join F. Joseph Warin, John W.F. Chesley, Molly Senger, Nicole Lee, Sean X. McKessy and Jim Barratt for this...
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Feb. 8 Webcast — SEC Enforcement: A Look Back at 2022, and What to Expect in 2023

Feb. 8 Webcast — SEC Enforcement: A Look Back at 2022, and What to Expect in 2023

January 19, 2023, 12:31 pm
Please join Bill McLucas, Doug Davison, Marty Wilczynski and Jason Flemmons for this free webcast.
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Crypto: The Wave of the Future or a Giant Ponzi Scheme?

Crypto: The Wave of the Future or a Giant Ponzi Scheme?

February 22, 2022, 11:03 am
Please join Kelsey Hightower, Lee Reiners, Sandra Ro, Anthony Scaramucci, and John Reed Stark for this free webcast.
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Mystery Trader’s Debt-Ceiling Windfall Sparks Insider Concerns – Bloomberg

By on June 4, 2023, 9:49 am

On May 24 — several days before an agreement was announced — a huge bullish bet was made on Equitrans Midstream Corp., data compiled by Bloomberg show. The company is deeply involved in the long-delayed Mountain Valley Pipeline. The wager involved snapping up 100,000 call options on the firm’s stock. It proved prescient and wildly […]

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US SEC to dismiss 42 enforcement cases after internal data mishap | Reuters

By on June 2, 2023, 3:58 pm

The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had improper access to materials meant for commission officials ruling on those cases. The decision comes after the SEC concluded a lengthy review of a matter first raised in April 2022, when it disclosed that some […]

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Second Commission Statement Relating to Certain Administrative Adjudications

By on June 2, 2023, 3:04 pm

On April 5, 2022, the Commission issued a Statement Relating to Certain Administrative Adjudications (the “April 5 Statement”) describing a control deficiency related to the separation of enforcement and adjudicatory functions within the agency’s system for administrative adjudication.  As the April 5 Statement explained, for a period of time, certain databases maintained by our Office […]

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Top Traders See $120 Million Paydays as Hedge Funds Fight for Talent – Bloomberg

By on June 2, 2023, 8:23 am

The hunt is no different from the bidding war for Premier League or NBA players, one executive said. Last year, a senior portfolio manager was lured by a major New York fund with more than $120 million in guaranteed payouts, according to a headhunter who said he’d done several deals paying north of $50 million. Contracts worth […]

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Even in Direct Listing, Section 11 Plaintiff Must Trace Shares to Registration Statement | The D&O Diary

By on June 2, 2023, 8:20 am

The U.S. Supreme Court – in a short, concise, unanimous opinion – has ruled that to assert Section 11 claims against Slack in connection with the company’s June 2019 direct listing, the plaintiff must plead and prove that he purchased shares pursuant to Slack’s allegedly misleading registration statement. Slack had offered both registered and unregistered […]

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Elon Musk accused of insider trading by dogecoin investors

By on June 2, 2023, 8:16 am

In a Wednesday night filing in Manhattan federal court, investors said Musk used Twitter posts, paid online influencers, his 2021 appearance on NBC’s “Saturday Night Live” and other “publicity stunts” to trade profitably at their expense through several dogecoin wallets that he or Tesla controls. Investors said this included when Musk sold about $124 million of dogecoin in April […]

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Securities Enforcement Forum West 2023: SEC Stresses Cooperation, Self-Policing, and Self-Reporting | Perkins Coie

By on June 2, 2023, 8:15 am

Senior Division of Enforcement officials from the U.S. Securities and Exchange Commission (SEC) shared the stage on May 23, 2023, with SEC alumni, private practitioners, and other professionals in the field at Securities Enforcement Forum West 2023 (the Forum). Forum panelists described recent trends in the SEC’s enforcement actions, its regulatory agenda, and upcoming priorities. […]

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The Gap beats shareholder lawsuit over commitment to diversity | Reuters

By on June 2, 2023, 8:12 am

The Gap Inc on Thursday beat a shareholder lawsuit claiming the company’s directors breached their duties by making misleading statements in securities filings about the retailer’s commitment to racial diversity in its leadership ranks. An en banc panel of the 9th U.S. Circuit Court of Appeals in a 6-5 ruling said The Gap can enforce […]

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‘Nowhere to hide’, UK’s new FCA enforcement co-head warns finance industry | Reuters

By on June 2, 2023, 8:11 am

Companies in Britain that commit wrongdoing have “nowhere to hide” and will face “meaningful consequences”, a new enforcement co-head of Britain’s markets regulator warned on Thursday, as she started setting out her strategy for the first time. Therese Chambers, joint executive director of enforcement and market oversight at the Financial Conduct Authority (FCA), warned firms […]

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ICO Era: What Went Right?

By on June 2, 2023, 8:09 am

At Consensus 2023, a few CoinDesk staffers came together for a panel reflecting on major events in crypto history. When we were polled on the most important of these big moments, the plurality of votes went to what might seem an odd choice – the chaotic, fraud-filled period of “ICO mania” spanning from early 2017 […]

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