News Centre

Cybersecurity Disclosure, Erik Gerding, Director, SEC Division Of Corporation Finance

Date 14/12/2023

As is customary, I am expressing my views today in my official capacity as Director of the SEC’s Division of Corporation Finance, and my views do not necessarily reflect the views of the Commission, any of the Commissioners, or any other Commission staff.

Remarks Before The Financial Stability Oversight Council: 2023 Annual Report, SEC Chair Gary Gensler, Washington D.C

Date 14/12/2023

Thank you, Secretary Yellen. I thank the staff for their collaboration on the Financial Stability Oversight Council annual report, which I am pleased to support.

SEC Small Business Advocacy Office Delivers Report To Congress On Capital Raising from Startups To Small Public Companies

Date 14/12/2023

The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation issued its 2023 Annual Report today to Congress and the Commission. The report details how entrepreneurs and investors are building companies together, from startups to small public companies.

SEC Charges Titanium Capital And Founder Henry Abdo With Operating Ponzi Scheme

Date 14/12/2023

The Securities and Exchange Commission today charged Florida-based Titanium Capital LLC and its founder Henry Abdo with operating a Ponzi scheme that raised at least $5.3 million from more than 160 retail investors in the United States and abroad. The SEC also charged Titanium representative Carol Ann Barsh for her role soliciting investors.

MSP® Loan Servicing System from ICE Now Offering Automated Lien Release Functionality

Date 14/12/2023

• First joint product from newly expanded mortgage technology business
• Leverages capabilities across the ICE mortgage ecosystem
• ICE has identified many valuable enhancements to the housing finance processes

CFTC Orders Freepoint Commodities LLC To Pay $91 Million For Fraudulent Scheme To Misappropriate Material Non-Public Information

Date 14/12/2023

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling misappropriation-based fraud charges against Freepoint Commodities LLC, a commodities merchant in Stamford, Connecticut. The fraudulent and deceptive conduct spanned from 2012 to 2018 and involved unlawful misconduct designed to obtain material non-public information from a South American state-owned enterprise (SOE) in connection with the purchase and sale of fuel oil. The order requires Freepoint to pay more than $91 million in civil monetary penalties and disgorgement.

U.S. Department Of Justice: Commodities Trading Company Agrees To Pay Over $98M To Resolve Foreign Bribery Case

Date 14/12/2023

Freepoint Commodities LLC (Freepoint), a commodities trading company based in Stamford, Connecticut, has agreed to pay over $98 million to resolve an investigation by the U.S. Justice Department into violations of the Foreign Corrupt Practices Act (FCPA) stemming from the company’s involvement in a corrupt scheme to pay bribes to Brazilian government officials. 

ISDA: Interest Rate Derivatives Trading Activity Reported In EU, UK And US Markets: Third Quarter Of 2023 And Year-To-September 30,

Date 14/12/2023

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs).

Autorité des Marchés Financiers Adjusts Its Annual And Other Fees

Date 14/12/2023

Annual and other fees payable under the laws administered by the Autorité des marchés financiers (the “AMF”) will be adjusted effective January 1, 2024.

US Office Of The Comptroller Of The Currency Announces Enforcement Actions For December 2023

Date 14/12/2023

The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against national banks and federal savings associations (banks), and individuals currently and formerly affiliated with banks the OCC supervises.