The Securities and Exchange Commission today announced that Canada’s largest bank, Royal Bank of Canada, will pay a $6 million penalty to settle charges that it violated the books and records and internal accounting controls provisions of the securities… Original Article
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SEC Charges “Smart” Window Manufacturer, View Inc., with Failing to Disclose $28 Million Liability
The Securities and Exchange Commission today announced settled charges against a California-based manufacturer of “smart” windows, View Inc., for failing to disclose $28 million in projected warranty-related liabilities to address a particular defect in… Original Article
SEC Awards Whistleblowers Whose Information Helped Stop Fraud
Washington D.C., Jan. 22, 2020 — The Securities and Exchange Commission today announced two whistleblower awards in connection with two separate enforcement actions. Both whistleblowers provided significant information that helped the SEC shut down two separate fraudulent schemes preying on retail investors. In the first action, the whistleblower alerted the agency to a fraudulent scheme. […]
SEC Awards Over $500,000 to Two Whistleblowers
The Securities and Exchange Commission today announced an award of over $500,000 to two whistleblowers whose tips revealed an ongoing fraud and resulted in multiple SEC actions and a related action from another government agency. Both whistleblowers provided substantial, ongoing assistance that conserved the agencies’ time and resources. “This case demonstrates once again the value […]