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Showing 1 - 10 of 19 results for "Enforcement Division"

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... censure, and a US$19 million penalty in the ESG misstatements action. Both investigations were led by the Enforcement Division's Asset Management Unit (AMU).

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... warning to anyone in the digital asset world that the CFTC will not tolerate willful avoidance of US law." CFTC enforcement division principal deputy director and chief counsel Gretchen Lowe further added the defendants' emails and chats reflect ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... using as part of its investment selection process for certain mutual funds it advised." Co-chief of the SEC Enforcement Division Asset Management Unit and a member of the Task Force, Adam S. Aderton said the commission will continue cracking down on ...

Deutsche Bank fined for alleged bribery

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
... accounting controls in place to prevent payments to third parties in furtherance of improper purposes," SEC enforcement division's FCPA unit chief Chares Cain said.

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... technology, falsely claiming that the technology would make digital asset transactions more secure," SEC enforcement division cyber unit chief Kristina Littman said. "Investors are entitled to truthful information so they can make fully informed investment ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
... even misled his employer's compliance team about the true role of the Ghana-based intermediary company. SEC Enforcement Division's FCPA Unit chief Charles Cain said Berko acted alone and Goldman would not be charged. "As alleged in our complaint, Berko ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... scope, and amount of compensation received in exchange for the promotion." Kristina Littman, chief of the SEC enforcement division's cyber unit said investors were entitled to know about the payments Seagal received or was promised to endorse the investment ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... cars and multiple properties. Daniel Michael, chief of the complex financial instruments unit of the SEC's enforcement division said that while the Carpoffs' pitch to investors seemed new and innovative, their alleged fraud was "old and simple". ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
Former Goldman Sachs managing director Tim Leissner has been charged with bribery in relation to the high profile 1MDB sovereign wealth scandal. The US Securities and Exchange Commission has brought charges against Leissner for allegedly engaging in ...
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