Starting May 16, companies can use crowdfunding to offer and sell securities to the investing public in the U.S.
72 firms charged since June 2015
Barclays Capital, Credit Suisse Securities paying more than US$150 million to settle charges with SEC
QED Benchmark Management LLC and Peter Kuperman agree to reimburse investors US$2.9 million losses
Researcher’s analysis led to enforcement action
New areas of focus include ETFs, variable annuities and liquidity controls
SBLOCs carry risks, including potential tax consequences
Wealth management subsidiaries fail to disclose conflicts of interest
Proposals aimed at delivering greater transparency to investors
Former staffer allegedly made for false holding statements about prohibited stocks