Canada is also considering a move to the shorter settlement cycle
A popular trading platform has settled allegations that it violated rules as an unregistered exchange
The alleged schemes generated over US$1 billion in penny stock sales
The SEC has given out approximately US$950 million to 193 whistleblowers since 2012
Two men from Florida agreed to the penalties without admitting or denying the charges
The SEC chairman said the regulator needs more authority and resources to regulate crypto markets
The US$8.1-million settlement will be distributed to harmed investors
The regulator's whistleblower program has generated hundreds of tips and paid out millions in rewards
A pair of SEC commissioners criticized the lack of guidance regarding the regulator's approach to digital assets
The regulator alleged that investors were misled by a shell company and its acquisition target