On May 6, 2022, the Securities and Exchange Commission (“SEC”) announced a $5.5 million settlement of charges against NVIDIA Corporation (“NVIDIA”) for allegedly failing to adequately.
I. Introduction - The rise of cryptocurrencies and digital assets in the financial markets, including the investment management industry, has given rise to a crucial question: which.
SEC has the authority to govern securities, which has been defined to include, among other things investment contracts. a form of a digital asset is a note, investment contract or other type of security, it would be subject to SEC oversight and applicable securities laws.
On March 16, the SEC filed a municipal bond fraud case against Crosby Independent School District and its former CFO in a $20 million bond offering.[1] Crosby is a suburb of Houston, Texas.
On February 14, 2022, the Securities and Exchange Commission (SEC) announced a first-of-its kind enforcement action against BlockFi Lending LLC (BlockFi)