SEC and CFTC enforcement update
In this edition of the newsletter, we discuss enforcement developments at the agencies during May 2021. The SEC filed 22 actions and the CFTC filed three (excluding follow-on actions, bars and suspensions) against a combined total of 51 defendants and respondents.
The SEC’s 22 actions spanned numerous case types, including a cryptocurrency fraud case against five individuals, an issuer disclosure case, seven cases involving broker-dealers, and five cases involving investment advisers. The CFTC’s three actions included two actions against CFTC-regulated asset managers.
Read previous SEC and CFTC Enforcement Updates: