Tagged: securities and exchange commision

January 21, 2021 @ 3:38 pm By JD Alois  |  

President Joe Biden has selected Commissioner Allison Herren Lee as acting Chair of the Securities and Exchange Commission (SEC). Commissioner Lee will lead the SEC until Gary Gensler is approved by the US Senate. Upon being selected, Acting Chair Lee issued the following statement: “It’s… Read More

April 9, 2020 @ 5:09 pm By JD Alois  |  

In 2016, the Securities and Exchange Commission (SEC) detected an intrusion of the Commission’s EDGAR test filing system that may have provided the basis for illicit gains. A vulnerability in EDGAR was promptly patched but it highlighted the perils of a financial system that is… Read More

January 14, 2020 @ 2:44 pm By Cali Haan  |  

The US Securities and Exchange Commission’s (SEC’s) Investor Education and Advocacy division is warning the public that, because both Initial Exchange Offerings (IEOs) and the platforms selling them may be unregistered and unregulated, investing in IEOs may be high risk- and not much different than… Read More

December 20, 2019 @ 10:59 am By JD Alois  |  

Earlier today, the UK government announced its selection Andrew Bailey to replace Mark Carney as Governor of the Bank of England. Carney’s departure has long been anticipated and, in fact, he extended his tenure at the Bank to help provide an element of stability in… Read More