Hints and tips:
...Grewal said: “For all of crypto’s promises, the lack of registration and compliance have very real consequences for real people.”...
...industry, as well as the associated luna token, according to the SEC.Terraform and Kwon “caused devastating losses for investors and wiped out tens of billions of market value nearly overnight”, said Gurbir Grewal...
...JPMorgan] forced certain clients into the untenable position of choosing between receiving settlements or credits from the firm and reporting potential securities law violations to the SEC,” said Gurbir Grewal...
...Grewal, Director of the SEC’s Division of Enforcement....
...repeated red flags about SolarWinds’ cyber risks, which were well known throughout the company and led one of Brown’s subordinates to conclude: ‘We’re so far from being a security minded company’,” Gurbir Grewal...
...repeated red flags about SolarWinds’ cyber risks, which were well known throughout the company and led one of Brown’s subordinates to conclude: ‘We’re so far from being a security minded company,’” Gurbir Grewal...
...that DWS advised mutual funds with billions of dollars in assets yet failed to ensure that the funds had an [anti-money laundering] programme tailored to their specific risks, as required by law,” Gurbir Grewal...
...Gurbir Grewal, enforcement director at the SEC, added that Morgan Stanley broke the rules “to mitigate their own risk, win more block trade business, and generate over a hundred million dollars in illicit...
...“We allege that Kraken made a business decision to reap hundreds of millions of dollars from investors rather than coming into compliance with the securities laws,” Gurbir Grewal, director of the SEC’s enforcement...
...some broker-dealers and investment advisers have heeded this message, self-reported violations, or improved internal policies and procedures, today’s actions remind us that many still have not,” Gurbir Grewal...
...“Compliance with the books and records requirements of the federal securities laws is essential to investor protection and well-functioning markets,” Gurbir Grewal, director of the SEC’s enforcement division...
...“One of the orders included in today’s announced actions is not like the others,” said Gurbir Grewal, director of the SEC’s enforcement division....
...Crypto regulation: Gurbir Grewal, director of the enforcement division at the US Securities and Exchange Commission, will discuss cryptocurrency regulation with Coinbase chief policy officer Faryar Shirzad...
...allege that proprietary traders had nearly unfettered access to material non-public information about its institutional customers’ trades — information which could be abused for personal gain,” said Gurbir Grewal...
...“When Grewal said you have to look at the economic reality of the offering, that was a critically important message,” John Reed Stark, former head of the SEC’s office of internet enforcement, told me....
...Saraceno’s arachnophilic Web(s) of Life (edition of 50, £870) at the Serpentine; Erwin Wurm’s lime-green crayon lithograph (edition of 50, £300) at the Yorkshire Sculpture Park; collectible pieces by Jake Grewal...
...Next week, Jake Grewal, who often paints trees with queer figures – his The Sentimentality of Nature (2022) was acquired by The Hepworth Wakefield through the JW Anderson Collections Fund this year – will...
...The company also “failed to disclose a material conflict of interest of its CEO and chairman,” added SEC enforcement chief Gurbir Grewal....
...“As a board member, Garelick not only had access to information about DWAC’s upcoming merger announcement, but also a duty to maintain the confidentiality of that information,” said Gurbir Grewal, the SEC...
...only incentivises whistleblowers to come forward with accurate information about potential securities law violations, but also reflects the tremendous success of our whistleblower programme,” said Gurbir Grewal...
...Coinbase chief legal officer Paul Grewal told investors last month that “the SEC’s entire case is predicated on an understanding of what is . . . [an] investment contract”....
...SEC enforcement director Gurbir Grewal said his agency was acting to protect investors who lost out....
...approach in the absence of clear rules for the digital asset industry is hurting America’s economic competitiveness and companies like Coinbase that have a demonstrated commitment to compliance,” said Paul Grewal...
...Coinbase’s chief legal officer Paul Grewal called it “a great moment for the industry . . . while we still believe comprehensive federal crypto legislation is the best way forward, decisions like this are...
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