by Jyotsna Bucktowar | Feb 25, 2025
Led by Laura D’Allaird, the unit comprises approximately 30 fraud specialists and attorneys. CETU focuses on areas such as fraud involving emerging technologies like artificial intelligence and machine learning, misuse of digital platforms for fraudulent activities,...
by AdrianaAMLP | Jan 21, 2025
The Task Force’s focus will be to help the Commission draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously…
by AdrianaAMLP | Jan 17, 2025
Reports 200 enforcement actions in the first quarter of fiscal year 2025 (October-December 2024), including 118 standalone actions, marking the highest number of filings for this period since 2000. Of these, 75 were filed in October 2024 alone. The cases addressed...
by Jyotsna Bucktowar | Dec 12, 2024
To settle the charges, MSSB agreed to pay a $15 million penalty and accept certain undertakings. The primary issue was the lack of proper controls over ACH payments and wire transfers, enabling financial advisors to divert funds to themselves…...
by Jyotsna Bucktowar | Dec 11, 2024
The defendants created fake websites and social media profiles to attract U.S. investors, promising high returns and manipulating investment platforms. In a parallel criminal case, the U.S. Attorney’s Office has filed charges, while the SEC also issued an investor...
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