Category: SEC
SubscribeSEC Goes After “Fake It Till You Make It” Fraudsters
In 2022, a jury convicted Theranos Inc. founder Elizabeth Holmes of perpetrating an audacious fraud against investors in her blood-testing company that turned the Stanford University dropout into a billionaire in her early 20s. Her story ha...
Read MoreSEC Tags DraftKings for Regulation FD Violation
As the CEO of Boston-based sports gambling operator DraftKings Inc. learned recently, corporate executives are rolling the dice when they discuss their companies on social media. The Securities and Exchange Commission last month announced a...
Read MoreFBI Warns of Explosion in Crypto Fraud
Ever since cryptocurrency was introduced to the masses, its supporters have fought against the perception that it is nothing more than a mode of exchange for shady pursuits. A new report from federal law enforcement authorities won’t help t...
Read MoreThree Noteworthy Trends from SEC’s Latest Enforcement Push
September is the month when temperatures start dropping, leaves start turning, and the Securities and Exchange Commission starts enforcing. To be fair, the SEC enforces securities law all year round, but the agency has made the September fl...
Read MoreNew Quality Standard Heightens Fears of Accounting Brain Drain
Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...
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