Tagged: daniel michael

August 6, 2021 @ 10:03 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced charges against DeFi lender Blockchain Credit Partners alleging the offering of unregistered securities raising $30 million. This is the first DeFi case filed by the SEC. The complaint indicates that respondents have each submitted an Offer of… Read More

July 20, 2021 @ 5:47 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) this week filed a settled action against UBS Financial Services related to compliance failures for sales of a volatility-linked exchange-traded product (ETP). It marks the sixth case for the agency’s ETP Initiative. The ETP was designed to track short-term… Read More

July 13, 2020 @ 10:51 am By JD Alois  |  

In simultaneous announcements, the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have charged Plutus Financial, Inc.,  doing business as Abra in California, and Plutus Technologies Philippines Corp. dba as Abra International in the Philippines for entering into illegal off-exchange swaps in… Read More