The proposal is the biggest reformulation of reporting rules in decades.
SEA 1934 Rule 13(a)
An SEC action against RYVYL, Inc, underscores how overstated claims about blockchain capabilities, coupled with omitted risk disclosures, can translate into antifraud liability even when wrapped in the language of innovation.
The SEC emphasized ADM’s cooperation in resolving the matter.
According to the complaint, a series of artificial transactions drastically inflated the company’s value from 2020 to 2022.
Enforcement
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SEC approves $200m Barclays distribution plan years after shelf control collapse
Three years after Barclays admitted to selling $17.7 billion in unregistered securities, the SEC has approved a long-awaited plan to return funds to harmed investors.
The charges reflect the SEC’s sustained focus on accurate cybersecurity statements.
The company failed to properly inform investors about regulatory challenges it was experiencing with the FDA.
Two former executives were fined, but the company itself will not receive a civil penalty due to its self-reporting.