Selected Press Releases
SEC Issues Financial Literacy Study Mandated by the Dodd-Frank Act
08/30/2012
The Securities and Exchange Commission today issued a staff study with findings on what investors want to know about financial professionals and investment products and services, and when and how investors want to receive such information.Read moreSEC Charges Florida Brokers for Defrauding Brazilian Public Pension Funds in Markup Scheme
08/29/2012
The Securities and Exchange Commission today charged two former brokers in Miami with fraud for overcharging customers approximately $36 million by using hidden markup fees on structured notes transactions.Read moreSEC Freezes Assets of Insider Traders in Nexen Acquisition
08/27/2012
The Securities and Exchange Commission today obtained an emergency court order to freeze the assets of traders using trading accounts in Hong Kong and Singapore to reap more than $13 million in illegal profits by trading in advance of this week’s public announcement that China-based CNOOC Ltd. agreed to acquire Canada-based Nexen Inc.Read moreSEC Charges Phony Company President for Role in Facilitating Fake Investment in Penny Stock Company
08/25/2012
The Securities and Exchange Commission today charged a New York man for his role in a scheme to disseminate news of a fake investment to boost a struggling penny stock company.Read moreSEC Charges New York-Based Firm and Owner in Penny Stock Scheme
08/22/2012
The Securities and Exchange Commission today charged a New York-based firm and its owner with conducting a penny stock scheme in which they bought billions of stock shares from small companies and illegally resold those shares in the public market.Read more