SEC Extends Comment Period for Proposed Rules on Climate-Related Disclosures, Reopens Comment Periods for Proposed Rules Regarding Private Fund Advisers and Regulation ATS

Washington D.C. — The Securities and Exchange Commission this week announced that it has extended the public comment period on the proposed rulemaking to...

Wanda Group, AMC’s Largest Shareholder, Converts Common Stock To Facilitate Sale

Wanda Group, AMC's Largest Shareholder, Converts Common Stock To Facilitate Sale China’s Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share...

SEC Proposes Rules to Enhance Disclosure and Investor Protection Relating to Special Purpose Acquisition Companies, Shell Companies, and Projections

Washington D.C. — The Securities and Exchange Commission today proposed new rules and amendments to enhance disclosure and investor protection in initial public offerings...

Entrepreneur Convicted for $4.1 Million COVID-19 Relief Fraud

A federal jury in Detroit convicted a Michigan man today for a wire fraud and money laundering scheme to obtain more than $4.1 million...

SEC Proposes Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers”

Washington D.C. — The Securities and Exchange Commission has proposed proposed two rules that would require market participants, such as proprietary (or principal) trading...

Former Coinbase Manager and His Brother Agree to Settle Insider Trading Charges Relating to Crypto Asset Securities

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Washington D.C. — The Securities and Exchange Commission today announced that former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, agreed to...

Uber’s IPO 6 Reasons Its Numbers Don’t Add Up

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Uber’s IPO : This Unicorn Story a Myth The most anticipated IPO in many years is set for this month, but is the Uber unicorn...

Adam Rogas raised $123M from investors using phony financial statements

Adam Rogas Raised $123 Million From Investors Using Financial Statements That Showed Tens of Millions of Dollars of Revenue and Assets that Did Not...

La economía, a examen. ¿A las puertas de una nueva recesión?

Los Ángeles (CA) – La pandemia más letal desde la mal llamada gripe española de 1918, no solo ha dejado una estela de muertes...

Six Men Sentenced for Roles in $20M COVID-19 Relief Fraud Ring

Six Texas men were sentenced a few days ago for their roles in a conspiracy to fraudulently obtain more than $20 million in forgivable...