According to the SEC’s complaint, since at least January 2023, Consensys has offered and sold tens of thousands of unregistered securities on behalf of liquid staking program providers Lido and Rocket Pool, who create and issue liquid staking tokens (called stETH and rETH) in exchange for staked assets. While staked tokens are generally locked up and cannot be traded or used while they are staked, liquid staking tokens, as the name implies, can be bought and sold freely. Investors in these sta...
Support Services (Labor) $30,861,716.00 PSC selected because it is a new PSC which consolidates and replaces other IT/Telecom PSCs. It is also the fifth largest spend with 5% of SEC...
The SEC’s complaint, filed in federal district court in Manhattan, alleges that, since at least September 2016, Billimek would inform Williams of the asset management firm’s market-moving trades prior to their execution. As the complaint alleges, on the same day, Williams would trade in the same securities prior to Billimek’s employer or while multiple large orders were being placed by the employer. Williams would close his positions after the price of the security moved as expected. This alleged front-running scheme resulted in proceeds ...
“Informed investors are better investors,” said SEC Chair Gary Gensler. “With this... the SEC’s Office of Investor Education and Advocacy. “Sharing knowledge and having a...
Recently Released Records ; Information About Registered Municipal Advisors · Nov. 1, 2024 ; Company Information About Active Broker-Dealers · Nov. 1, 2024 ; EDGAR Log File Data Sets · Oct. 8, 2024
To settle the SEC’s charges, the two Kraken entities agreed to immediately cease offering or selling securities through crypto asset staking services or staking programs and pay $30 million in disgorgement, prejudgment interest, and civil penalties. According to the SEC’s complaint, since 2019, Kraken has offered and sold its crypto asset “staking services” to the general public, whereby Kraken pools certain crypto assets transferred by investors and stakes them on behalf of those invest...
pricing services. “In recent decades, the use of information providers has grown, changing the asset management industry,” said SEC Chair Gary Gensler. “The role of these information...
While selecting the PSC’s for review, SEC found that 77% of the services funding fell into two of the detailed level services codes; D3 Information Technology (51%) and R4 Support...
Fair access ; To ensure everyone has equitable access to SEC EDGAR content, please use efficient scripting. Download only what you need and please moderate requests to minimize server load. SEC reserves the right to limit request rates to preserve fair access for all users. See our Internet Security Policy for our current rate request limit. The SEC does not allow botnets or automated tools to crawl the site. Any request that has been identified as part of a botnet or an automated tool outside o...
[10] send a notification to Division staff by email to *****************@***.*** (for the Division of Trading and Markets) or **-***************@***.*** (for the Division of Investment...