Investment banker alleged to have profited from knowledge about a planned acquisition
Advance notice of audit inspections was meant to help audit firm improve its performance
Proposals aim to improve the readability of disclosure documents
Social media giant agrees to pay US$100 million
Firm agrees to repay fund manager clients US$25M and pay US$1.5M in penalties
Proposal seeks to reduce minimum requirement to 15% of current market value
The SEC and FINRA issued a joint statement addressing digital securities on Monday
Settlement includes US$48.8 million in disgorgement and a US$40 million civil penalty
Regulators take aim at manipulative behaviour
The reforms also feature new relationship disclosure requirements for both registered investment advisors and broker-dealers