Enforcement News: The Custody Rule
- Aug 6 2025
By: Jeffrey M. Haber The Custody Rule provides that “it is a fraudulent, deceptive, or manipulative act, practice or course of business within the meaning of section 206(4) of the …
Posts Tagged ‘ SEC Enforcement Proceedings ’
Enforcement News: With Friends Like These …
- Apr 4 2022
By: Jeffrey M. Haber The Securities and Exchange Commission (“SEC”) has frequently brought enforcement actions against those who trade upon material, non-public information. Many of these actions show that insider trading …
Enforcement News: SEC Charges Investment Adviser and Attorney With Defrauding Retired NFL Players Who Were Members Of The Concussion Class-Action Lawsuit Against The NFL
- Sep 6 2019
On August 29, 2018, the Securities and Exchange Commission (”SEC”) announced (here) that it charged a Tallahassee-based investment advisory firm and its two former principals with defrauding investors, most of …
Enforcement News: SEC Settles Enforcement Actions that Underscore the Importance of a Robust Regulatory Disclosure Scheme
- Jul 17 2019
The disclosure of material information is the foundation of the Securities and Exchange Commission’s (“SEC”) mission. For this reason, the SEC considers itself to be “a disclosure agency.” See “The …
Enforcement News: KPMG Agrees to Pay A $50 Million Penalty for Improper Use of Confidential PCAOB Data and Information
- Jun 24 2019
On June 17, 2019, the Securities and Exchange Commission (“SEC” or the “Commission”) announced (here) that KPMG LLP (“KPMG”) agreed to settle charges that it altered prior audit work after …
SEC Enforcement News: With Friends Like These …
- May 13 2019
On May 7, 2019, the Securities and Exchange Commission (“SEC” or “Commission”) announced (here) that it had settled an insider trading action against Brian Fettner (“Fettner”), a Nevada resident who …
Enforcement News: SEC Charges Ticket Seller With Fraud In Connection With Resale of Tickets to Broadway Shows and a Sporting Event
- May 6 2019
On April 29, 2019, the Securities and Exchange Commission (“SEC”) announced (here) that it filed charges against a New York City man for continuing a previously charged ticket resale scheme, …
SEC Reaches Settlements with Defunct Dewey & LeBoeuf Executives
- Oct 29 2018
Last month, former Dewey & LeBoeuf, LLP (“Dewey”) executives agreed to a settlement with the U.S. Securities and Exchange Commission (“SEC” or the “Commission”) to pay civil penalties in connection …
SEC Enforcement News: Insider Trading and Internal Controls
- Sep 5 2018
During the last week in August, the Securities and Exchange Commission (“SEC” or “Commission”) filed a number of actions and administrative proceedings involving, among other things, insider trading and the …
Sec Enforcement News: Protecting Investors From Breaches Of Fiduciary, Disclosure Violations, And Illegal Distributions And Sales Of Restricted Stock
- Apr 11 2018
The Securities and Exchange Commission (“SEC”) has been busy so far this spring. In the latest roundup, this Blog looks at enforcement actions taken by the SEC against investment advisors, …
