Daily Archives: June 21, 2020, 7:47 am

Hester Peirce tapped for second term as SEC commissioner

Hester Peirce has been nominated to another term as an SEC commissioner. Her current term expired Friday, though commissioners can remain in their seats up to 18 months after a term’s expiration, or until a replacement is confirmed. If confirmed by the Senate, her term would stretch until June 2025, the White House announced Tuesday. via Hester Peirce tapped for…

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DOJ And SEC Divide And Conquer To Police Coronavirus-Related Securities Fraud | Vinson & Elkins LLP – JDSupra

In early June, federal agencies brought some of the first enforcement actions against COVID-19 securities fraudsters, involving over $100 million in fraudulent claims and profits, making good on their promise to investigate and prosecute those seeking to fraudulently capitalize on the COVID-19 crisis. The cases generally involve misleading claims about companies’ ability to supply COVID-19 testing or protection products, but…

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