On January 15, 2019, the SEC announced charges against nine defendants for participating in a scheme to hack into the SEC’s EDGAR system and extract nonpublic information to use for illegal trading. In total, the traders traded before at least 157 earnings releases from May to October 2016 and generated at least $4.1 million in … Read More
Charges Announced in Custody Rule Violation Case
On January 9, 2019, the SEC announced charges against Katz, Sapper & Miller, LLP (“KSM”), and Scott C. Price, CPA (“Price”) (collectively “Respondents”) pursuant to Section 203(k) of the Investment Advisers Act of 1940 (“Advisers Act”), Section 4C of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 102(e)(1)(ii) of the Commission’s Rules of … Read More