Securities law

The final judgment in the case was filed Dec. 10 in the U.S. District Court for the Southern District of New York.

The pair is scheduled to be sentenced Nov. 13.

The updated document also addresses disclosure relating to cybersecurity.

Some market participants said they were sad to see EMMA Labs go.

The SEC told the court it is leaving for later to settle financial terms with Jeffrey DeLaveaga.

As an alleged fraud scheme puts a spotlight on due diligence, some say it may be time to rethink practices in that area amid the rise of AI.

Mary Simpkins, who joined the SEC's Office of Municipal Securities in November 1997, is retiring.

The American Securities Association's federal appeals court case regarding an SEC order has been stayed until Aug. 13.

The proposal would codify a supervisory system that recognizes the work from home reality.

The relief means little for traditional municipal issuers but will have an effect on some conduit borrowers and issuers "adjacent" to the municipal market.

PNC Capital Markets has agreed to pay almost $200,000 to settle with the SEC over a failure to meet disclosure requirements in connection with 36 limited offerings.

Ruben James Rojas agreed to admit wrongdoing and pay a $50,000 fine after the Securities and Exchange Commission found that he misled bond investors in connection with a $100 million offering.

Legislation requiring standardized financial disclosure from issuers is attached to a must-pass defense bill, which narrows the window to fight the measure.

The Municipal Securities Rulemaking Board voted to amend its Rule G-40 on advertising by muni advisors and Rule A-12 on registration during its final board meeting of the year.

Opponents say the legislation could prompt issuers to drop out of the public bond market while supporters say investors and regulators deserve standardized financials.

Municipal advisor Matthias O'Meara and his firm Choice Advisors' move to dismiss the SEC's first ever charges under MSRB Rule G-42 failed.

The SEC has charged Oppenheimer in a litigated action and settled with BNY Mellon, TD Securities and Jefferies for failing to comply with municipal bond disclosure requirements.

Capital Market Advisors responded to the Securities and Exchange Commission's claims that the charges are inconsistent or in excess of those imposed by the applicable laws.

Vern Breland is representing himself, and told a court he relied on his municipal advisor.

The office is aiming to beef up its analytical power with the new hire.