Anthony, Linder & Cacomanolis, PLLC’s Post

On August 19, 2024, the SEC announced the settlement of a “dealer” enforcement proceeding against GHS Investments and its principals prompting Commissioner Uyeda to issue a statement. Commissioner Uyeda points out that the proposed Rule 144 amendments would achieve the unspoken policy objective regarding convertible, variable rate notes. However, without the final rule, the SEC continues to regulate the issue by enforcement. #SecuritiesLawBlog #SEC #ALCLAW

On August 19, 2024, the SEC announced the settlement of a “dealer” enforcement proceeding against GHS Investments and its principals prompting Commissioner Uyeda to issue a statement. Commissioner Uyeda points out that the proposed Rule 144 amendments would achieve the unspoken policy objective regarding convertible, variable rate notes. However, without the final rule, the SEC continues to regulate the issue by enforcement. #SecuritiesLawBlog #SEC #ALCLAW

On August 19, 2024, the SEC announced the settlement of a “dealer” enforcement proceeding against GHS Investments and its principals prompting Commissioner Uyeda to issue a statement. Commissioner Uyeda points out that the proposed Rule 144 amendments would achieve the unspoken policy objective regarding convertible, variable rate notes. However, without the final rule, the SEC continues to regulate the issue by enforcement. #SecuritiesLawBlog #SEC #ALCLAW

In a unanimous ruling, the Supreme Court has declared that the failure to disclose information required by Item 303 of SEC Regulation S-K cannot, on its own, give rise to liability under Rule 10b-5(b) of the Securities Exchange Act, unless there is an accompanying misleading statement. However, the Court's decision does not provide a clear definition of what constitutes a "statement made" when a statement is partially true but misleading. To gain a comprehensive analysis of this case, I invite you to click the link below and download our informative Alert. #SEC #SCOTUS #securitieslaw

Under Dodd-Frank section 21F(h)(1)(A), your employer is not permitted to take any adverse action against you for any lawful activity in giving information to the SEC. You have the right to sue your employer for a violation of this anti-retaliation rule. #SECWhistleblowers #SECWhistleblowerAttorneys #SECWhistleblowerLawfirm

Did you know we're in the news?! 📰 Tim recently spoke to FT Adviser about the threat to firms faced with the rise of vexatious complaint management companies. From what a firm can do when it considers a decision from the Financial Ombudsman Service to be palpably wrong, to not ruling out a judicial review, you can read all about it in the article. Click the link in the comments below to read now 👇

https://lnkd.in/eAwU6UKr The PRA have issued five/six figure fines against individuals in two recent SMCR enforcement actions. The cases shed some light of what is meant by "reasonable steps" in the context of SMCR. Time to review your systems and controls? Click on the article below to find out more...

Did you know we're in the news?! 📰 Tim recently spoke to FT Adviser about the threat to firms faced with the rise of vexatious complaint management companies. From what a firm can do when it considers a decision from the Financial Ombudsman Service to be palpably wrong, to not ruling out a judicial review, you can read all about it in the article. Click the link in the comments below to read now 👇

In February 2024 the Financial Conduct Authority proposed changing its approach to enforcement and publicising enforcement investigations, to increase transparency about its enforcement work and its deterrent effect. This has not come without opposition, most notably from House of Lords, with even the UK Chancellor of the Exchequer voicing his concerns. Click below to learn more about this in our most recent blog by our Regulatory Policy and Development Manager Catherine S. Ruberry.... #fca #enforcement #RQCGroup

On December 6, 2023, the SEC published its semi-annual Fall 2023 regulatory agenda (“Agenda”) and plans for rulemaking. The Agenda is published twice a year, and for several years I have blogged about each publication. #SecuritiesLawBlog #SEC #ALCLAW