SEC-PR-2412-211 (Dec. 20, 2024) (SEC-PR-2412) SEC Adopts Rule Amendments to the Broker-Dealer Customer Protection Rule Excerpt: Washington D.C., Dec. 20, 2024 — The Securities and Exchange Commission today adopted amendments to Rule 15c3-3 (the customer protection rule) to require certain broker-dealers to increase the frequency with which they perform computations of the net cash they […]
Day: December 20, 2024
SEC-PR-2412-210 (Dec. 20, 2024) (SEC-PR-2412) SEC Files Settled Charges Against Multiple Entities for Failing to Timely File Forms D in Connection With Securities Offerings Excerpt: Washington D.C., Dec. 20, 2024 — The Securities and Exchange Commission today announced charges against two private companies and one registered investment adviser for failing to timely file Forms D […]
SEC-PR-2412-209 (Dec. 20, 2024) (SEC-PR-2412) SEC Charges Silver Point Capital with Policy Failures Regarding Receipt of Material Nonpublic Information About Bonds Issued by Puerto Rico Excerpt: Washington D.C., Dec. 20, 2024 — The Securities and Exchange Commission today charged registered investment adviser Silver Point Capital L.P. with failing to establish, implement, and enforce written policies […]
SEC-PR-2412-208 (Dec. 20, 2024) (SEC-PR-2412) Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity Reports Excerpt: Washington D.C., Dec. 20, 2024 — The Securities and Exchange Commission today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in […]
SEC-PR-2412-207 (Dec. 20, 2024) (SEC-PR-2412) Wells Fargo and LPL Financial Charged for Submitting Deficient Trading Data to SEC – Wells Fargo’s penalty amount reflects that it self-reported its misconduct Excerpt: Washington D.C., Dec. 20, 2024 — The Securities and Exchange Commission today announced settled charges against Wells Fargo Clearing Services LLC and LPL Financial LLC […]
SEC-PR-2412-206 (Dec. 20, 2024) (SEC-PR-2412) SEC Charges Utility Company Entergy Corp. with Internal Accounting Controls Violations – Company agrees to pay $12 million in penalties and adopt independent consultant’s recommended improvements Excerpt: Washington D.C., Dec. 20, 2024 — The Securities and Exchange Commission today announced that Entergy Corporation, a Louisiana-based utility company, agreed to pay […]
CFTC-PR-9027-24 (12-20-24) (CFTC-PR-2412) CFTC Approves Final Rule on Margin Adequacy, Treatment of Separate Accounts of a Customer by Futures Commission Merchants Excerpt: December 20, 2024 – WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced a final rule to implement requirements for futures commission merchants related to margin adequacy and the treatment of separate accounts […]