Sentences with phrase «violation of securities laws»

A correspondent just provided the text of material that Greenpeace has sent to the Securities and Exchange Commission (SEC) making a case that TransCanada is potentially in violation of security laws due to its use of inflated job figures as part of a strategic influence campaign to drive the Obama Administration into supporting this misguided -LSB-...]

In federal court, Laura has successfully argued a motion to dismiss a putative class action alleging violations of the securities laws based on an issue of first impression: whether statements in companies» codes of ethics are actionable.

Each year the SEC brings hundreds of civil enforcement actions against individuals and companies for violation of the securities laws.

Indeed, when the SEC was writing the rules for its whistleblower program, many public companies and business groups such as the Association of Corporate Counsel and the U.S. Chamber of Commerce lobbied hard for a requirement that employees must first report potential violations of the securities laws internally before blowing the whistle to the SEC.

Joseph Grundfest, former commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately.

It's possible the agency is mulling a larger crackdown predicated on violations of securities laws.

Yahoo, which is no longer publicly traded, neither admitted nor denied the allegations but did agree to refrain from further violations of securities laws.

Regulators appear particularly concerned about fraud, money laundering, cybersecurity risks, insufficient disclosure, and general violations of securities laws,» said Crea in an email to Fortune.

We also counsel our clients in conducting their operations and structuring their business relations in order to avoid violations of securities laws.

The SEC has also been very tough on enforcing blatant violations of securities laws, but simply does not have enough manpower to pursue each borderline case.

«Unlawful activity» is broadly defined as «an act or omission that is an offence under an Act of Canada, Ontario or another province or territory of Canada» and clearly includes violations of securities law in Ontario.

The Ontario Securities Commission (the «OSC») launched OSC Policy 15 - 601 — Whistleblower Program (the «Policy») in July 2016, creating a «whistleblower» regime that seeks to encourage individuals and companies to report serious violations of securities laws or other securities - related misconduct to the OSC.

[3] Positive factors include: Significance of the information provided by the whistleblower, the nature of the information, assistance provided by the whistleblower, the law enforcement interest in deterring violations of securities laws and participation in internal compliance systems.

By late September, the OSC reported it had received more than 30 «credible» tips reporting potential violations of securities laws such as mistakes in accounting and disclosure violations.

«From a capital markets perspective, if tokens are successfully determined to be securities, this past 18 months activity of the sale of hundreds of ICOs could turn out to be one of the most significant violation of securities law through the sale of unregistered securities in history,» stated Ellenoff.

Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws.

In addition, Ms. Wong's white collar defense experience includes internal investigations arising out of alleged violations of securities laws and the Foreign Corrupt Practices Act (FCPA).

Without formal rules to guide the industry, FinTech firms will be left with the choice of seeking no action letters from the SEC that their activities do not constitute the sale of securities, or they will have to risk selling securities in violation of the securities laws.

This means that issuers of blockchain - based securities are required to register their offers and sales unless a valid exemption applies, and those who participate in unregistered offerings may be liable for violations of the securities laws.

Joseph Grundfest, commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately.

Overstock's tZERO initial coin offering (ICO) is under federal investigation for potential violations of securities laws, the company confirmed on Thursday.

Expect Clayton's agency to continue to pursue action against projects it deems in violation of securities laws.

In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).

U.S. federal and state securities laws have catch - all provisions regarding secondary liability for aiding and abetting a violation of securities laws, which could apply for facilitating trading through an unregistered exchange.

The notice indicates the staff will recommend to the five - member commission that it pursue action against S&P for alleged violations of securities laws.

The appellate court said the central problem is that Amgen officials made material misrepresentations and omissions in violation of securities laws.

Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws

His experience includes litigation counseling and frontline representation in cases involving fraud and misrepresentation claims, contract disputes, partnership disputes, and alleged violations of securities laws and health care fraud statutes.

This increase in pressure on cryptocurrency businesses may signify that ICOs and token sales by many entities may be in violation of securities laws.

«Most of them confirmed compliance with the SFC's regulatory regime or immediately ceased to offer tokens to Hong Kong investors,» the agency confirmed, adding that it will «continue to closely monitor ICOs, and will not tolerate any violations of the securities laws of Hong Kong.»

The summary order, filed by State of New Jersey Bureau of Securities (BoS), accuses the entities behind Bitcoiin2Gen (B2G) of «fraudulently offering unregistered securities in violation of the Securities Law.»

«In actuality, Bitcoiin is fraudulently offering unregistered securities in violation of the Securities Law,» according to the New Jersey Bureau of Securities.

Meanwhile, cybersecurity consultant John Reed Stark, a former SEC official, presciently told Bloomberg earlier this month that in addition to the ICO issuing companies, attorneys advising those startups that are found to be in violation of securities laws were similarly at risk of being part of a regulatory «sweep,» one that he predicted would focus on the «low hanging fruit» to start.

The securities regulator has been ratcheting up its talk on ICOs that it says may be in violation of securities laws, and now they are taking action.

Countless alphabet - letter regulatory agencies around the globe beat the drum that ICOs were volatile, of questionable value and possibly operating in violation of securities laws.

However, New Jersey has since sent a cease and desist letter concerning Bitcoiin2gen's ICO, alleging that «unregistered securities» were offered in violation of securities laws.