Interest-earning program violated state, federal securities laws, regulators alleged
Students defrauded into financing fictitious AI-powered hedge fund
Firms use forced arbitration to discourage clients from pursuing complaints
SEC, DoJ file allegations against HyperFund promoters
New rules beef up disclosure, investor protections around shell company financings
Regulators seek to codify initial investment restrictions, custody provisions
The SEC sanctioned the firm for violating whistleblower protections
Trio traded on inside information about pending mergers and acquisitions
Firm and executive settled charges with SEC, SDNY
Fixed-income notes based on crypto must be registered, regulator alleges