The SEC enforces the securities laws to protect the more than 65 million American households that have turned to the securities markets to invest in their futures—whether it’s starting a family, sending kids to college, saving for retirement or attaining other financial goals.
Washington D.C., Sept. 28, 2018 — The Securities and Exchange Commission today charged Salix Pharmaceuticals Ltd. and its former CFO with repeatedly misleading analysts and investors about the company’s future prospects. The former CFO, Adam Derbyshire, will pay more than $1 million to settle the charges. According to the SEC’s complaint, Salix and Derbyshire lied […]
Washington D.C., Sept. 19, 2018 — The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing Ponzi-like scheme that raised more than $345 million from over 230 investors across the U.S. The SEC also obtained an emergency asset freeze and the appointment of a receiver. An SEC complaint unsealed yesterday alleges […]
Washington D.C., Sept. 13, 2018 — The Securities and Exchange Commission is closely monitoring the impact of Hurricane Florence on investors and capital markets. “The SEC is keeping a close eye on the progress of Hurricane Florence and any effects it may have on investors and capital markets. Dedicated staff stand ready to help ensure investors […]