Daily Archives: November 2, 2017, 9:25 am

Recent Public Remarks by Co-Directors of SEC Enforcement Division Signal Potential Changing Enforcement Priorities – Lexology

Recent public remarks by Steven Peikin and Stephanie Avakian, Co-Directors of the Division of Enforcement of the U.S. Securities and Exchange Commission, suggest a potential shifting of enforcement priorities and emphasis. In remarks during an October 26, 2017 panel at the Securities Enforcement Forum in Washington, D.C., Co-Director Peikin commented on the “broken windows” approach to securities enforcement advocated by…

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Statement on Potentially Unlawful Promotion of Initial Coin Offerings and Other Investments by Celebrities and Others

Celebrities and others are using social media networks to encourage the public to purchase stocks and other investments.  These endorsements may be unlawful if they do not disclose the nature, source, and amount of any compensation paid, directly or indirectly, by the company in exchange for the endorsement.  The SEC’s Enforcement Division and Office of Compliance Inspections and Examinations encourage…

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Senate Banking Committee approves SEC nominees Hester Peirce and Robert L. Jackson Jr.

The Senate Banking Committee on Wednesday unanimously approved Hester Peirce and Robert L. Jackson Jr. to serve on the Securities and Exchange Commission. If they are confirmed by the Senate, Ms. Peirce, a Republican, and Mr. Jackson, a Democrat, would give the SEC a full complement of five commissioners for the first time in more than two years. via Senate…

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