Securities Law

SEC Charges Skechers with Making Undisclosed Payments to Executives’ Family Members

March 7, 2024
Law News Today

The Securities and Exchange Commission today announced that Skechers U.S.A. Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members.… Full report at: Read More

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SEC Adopts Amendments to Enhance Disclosure of Order Execution Information

March 6, 2024
Law News Today

The Securities and Exchange Commission today adopted rule amendments that update the disclosure required under Rule 605 of Regulation NMS for order executions in national market system stocks (NMS stocks), which are stocks listed on a national securities… Full report at: Read More

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SEC Adopts Rules to Enhance and Standardize Climate-Related Disclosures for Investors

March 6, 2024
Law News Today

The Securities and Exchange Commission today adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. The final rules reflect the Commission’s efforts to respond to investors’ demand for more… Full report at: Read More

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SEC Charges Advisory Firm HG Vora for Disclosure Failures Ahead of Ryder Acquisition Bid

March 1, 2024
Law News Today

The Securities and Exchange Commission today announced settled charges against New York-based investment adviser HG Vora Capital Management LLC for its failure to make timely ownership disclosures in the lead-up to its May 2022 acquisition bid for… Full report at: Read More

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SEC Charges Lordstown Motors with Misleading Investors about Company’s Flagship Electric Vehicle

February 29, 2024
Law News Today

The Securities and Exchange Commission today charged Lordstown Motors Corp. with misleading investors about the sales prospects of Lordstown’s flagship electric pickup truck, the Endurance. Lordstown, which filed for bankruptcy in 2023, went public by… Full report at: Read More

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SEC Investor Advisory Committee to Discuss Proposals to Improve Equity Market Structure and Examine the Use of Materiality as a Disclosure Standard

February 29, 2024
Law News Today

The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting on March 7 at 10 a.m. ET at the SEC Headquarters in Washington, D.C. The meeting will also be webcast on the SEC website. The committee will host two panels… Full report at: Read More

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SEC Announces Departure of William Birdthistle; Natasha Vij Greiner Named Director of the Division of Investment Management

February 28, 2024
Law News Today

The Securities and Exchange Commission today announced that William Birdthistle, the Director of the Division of Investment Management, will depart the agency, effective March 8, 2024. Natasha Vij Greiner, currently the Deputy Director of the Division of… Full report at: Read More

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SEC Charges Former Alfi CEO Paul Pereira with Fraud for Making False Statements on Social Media

February 27, 2024
Law News Today

The Securities and Exchange Commission today charged Paul A. Pereira, the former CEO and co-founder of Alfi, Inc., with making materially false and misleading statements on social media about the company’s financial and performance metrics in an attempt… Full report at: Read More

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SEC Updates Ethics Rules Governing Securities Trading by Agency Personnel

February 22, 2024
Law News Today

The Securities and Exchange Commission today adopted amendments to its ethics rules to strengthen and modernize its ethics compliance program. The amendments update the SEC’s existing, robust ethics requirements that govern the securities holdings and… Full report at: Read More

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SEC Small Business Advisory Committee to Discuss the Accredited Investor Definition and the State of the IPO Market

February 16, 2024
Law News Today

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Tuesday, Feb. 27, which will include a discussion of the accredited investor definition and initial public offerings… Full report at: Read More

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