SEC alleges Inventis Ventures’ leaders promised 15% monthly returns in $26.5 million unregistered offering.
SEC claims 777 Partners executives misled investors, hid $300 million overdraw, and diverted offering proceeds for personal use.
The SEC alleges a Brooklyn adviser raised $4.1 million from clients in a Ponzi-like scheme, spotlighting adviser oversight and compliance risks in wealth management.
Resident, who posed as a financial advisor, pleads guilty to a multi-million dollar fraud that targeted retirement accounts, robbing many of their life savings.
SEC claims Vukota Capital Management and affiliates breached fiduciary duties and misled investors through undisclosed loans and misleading fund communications.
SEC claims 5 Fruits Enterprises and its managers raised funds by promising automated trading and guaranteed returns, but most funds were never invested.
SEC alleges Stock Purse Trading and Carole Liston violated federal securities laws by promising high returns and misusing $5.7 million from investors.
A House bill could stop the SEC from blocking closed-end funds' private fund investments.
House bill seeks inflation-based adjustment to private fund advisor exemption.
A new House measure would enshrine FinHub and LabCFTC as permanent fixtures, deepening ties with financial technology sector.
