Tagged: stephanie avakian

No Surprise: SEC Enforcement Division Co-Director Stephanie Avakian Says Dozens of Investigations Ongoing in Cryptocurrency Space

The Securities and Exchange Commission (SEC) first launched investigations into initial coin offerings (ICOs) and the gatekeepers that have been facilitating these offerings several months back. The news of these investigations was first published by Crowdfund Insider in late February. Chatter regarding investigations had been building… Read More

SEC and CFTC Issue Joint Statement on Cryptocurrency Enforcement Actions

Following the announcement by the Commodity Futures Trading Commission (CFTC) that it had undertaken two enforcement actions against Bitcoin / virtual currency related fraud, the Securities and Exchange Commission (SEC) and CFTC issued a joint statement from SEC co-enforcement Directors Stephanie Avakian and Steven Peikin… Read More

SEC Cyber Unit May Take Point Monitoring ICOs

The Co-Director of the SEC Division of Enforcement, Stephanie Avakian, gave a speech today tackling the topic of retail investor protection and cybersecurity. Both issues have always been important missions at the SEC but recent cyber intrusions at the Commission (and elsewhere, unfortunately) have brought… Read More

SEC Issues Investigative Report on ICOs. Cautions Investors that Issuers are Subject to Federal Securities Law

The Securities and Exchange Commission (SEC) issued an investigative report today that may chill the booming Initial Coin Offering (ICO) market that has experienced hockey stick like growth in recent months.  The SEC cautioned market participants that sales of digital assets by “virtual” organizations are… Read More

SEC Names Stephanie Avakian & Steven Peikin as Co-Directors of Enforcement

The Securities and Exchange Commission (SEC) has announced that Acting Director of the Division of Enforcement Stephanie Avakian and former federal prosecutor Steven Peikin have been named Co-Directors of the Division of Enforcement. The SEC’s Division of Enforcement is the agency’s largest unit with more… Read More

SEC Takes Action Against Bogus Articles Pumping Stocks

The Securities and Exchange Commission (SEC) has initiated enforcement actions against 27 individuals and entities behind promotional articles that did not disclose they were paid analysis cloaked as independent research. The SEC said investors were duped into believing they were reading unbiased articles when in… Read More