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SEC Alert! SEC Charges Financial Services Professional and Associate in $47 Million Front-Running Scheme

Source: https://www.sec.gov/news/press-release/2022-228 The Securities and Exchange Commission today announced fraud charges against Lawrence Billimek, an employee of a major asset management firm with securities portfolios worth billions of dollars, and Alan Williams, who previously worked at several financial industry firms, for perpetrating a multi-year

SDNY indictment against SBF has been unsealed--this sure sounds a heck of a lot like payment for order flow, right?

SEC Alert! SEC Charges Samuel Bankman-Fried with Defrauding Investors in Crypto Asset Trading Platform FTX.

Source: https://www.sec.gov/news/press-release/2022-219 The Securities and Exchange Commission today charged Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX Trading Ltd. (FTX), the crypto trading platform of which he was the CEO and co-founder. Investigations as to other securities law violations and

Gurbir Grewal Director of the SEC Division of Enforcement: "We commend our law enforcement partners for securing the arrest of Sam Bankman-Fried on federal criminal charges."

Gurbir Grewal Director of the SEC Division of Enforcement: "We commend our law enforcement partners for securing the arrest of Sam Bankman-Fried on federal criminal charges. The SEC has authorized separate charges relating to his violations of securities laws, to be filed publicly tomorrow in SDNY." Source: https:

U.S. Economic Calendar Alert! (December 12th - December 16th): This Week's Major U.S. Economic Reports, Fed Speakers, and Statements

Good morning and happy Monday r/superstonk, I hope everyone had an awesome weekend! Please check back as this post will be updated as these indicators are released. If you would like to review last week's calendar, it can be viewed here. Thanks and I hope everyone has

Whistleblower Alert! SEC Awards More Than $20 Million to Whistleblower

Source: https://www.sec.gov/news/press-release/2022-218 The Securities and Exchange Commission today announced an award of more than $20 million to a whistleblower who provided information and assistance that significantly contributed to a successful enforcement action. The whistleblower provided new information, met with Enforcement Division staff multiple times,

Gary Gensler: 'single-stock ETF may create exposures for investors that in many ways resemble buying shares on margin.' 'investing in them is meant to be similar to shorting a stock.'

Source: https://www.sec.gov/news/speech/gensler-remarks-iac-120822 Good morning. Once again, it is good to be back with the Investor Advisory Committee. As is customary, I would like to note that my views are my own and that I am not speaking on behalf of the Commission or SEC