U.S. Securities and Exchange Commission

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The U.S. Securities and Exchange Commission (SEC) is a federal agency. It holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets in the United States. The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

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SEC drops London Whale claims

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The U.S. Securities and Exchange Commission dropped claims against two former JPMorgan Chase traders accused of hiding more than $6.2 billion in trading losses as part of the “London Whale’’ case.

SEC charges KPMG with audit failures

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The Securities and Exchange Commission has announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being misinformed about the energy company’s value. KPMG’s engagement partner in charge of the audit also agreed to settle charges against him.

SEC looses Wells Fargo trader case

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The U.S. Securities and Exchange Commission has affirmed the dismissal of an administrative case against a former Wells Fargo trader after two commissioners split on whether the evidence proved he engaged in insider trading.

SEC files fraud charges in Bitcoin and Office Space investment schemes

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The Securities and Exchange Commission has filed fraud charges against the clandestine founder of a purported Bitcoin platform and a chain of co-working spaces located in former bars and restaurants, alleging that he bilked investors in both companies while hiding his connection given his checkered past with regulators in the U.K.

SEC charges former head traders at Nomura

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The Securities and Exchange Commission has charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. with deliberately lying to customers in order to inflate the profits of the CMBS desk and line their own pockets as a result.

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Beached Whale

SEC drops London Whale claims

The U.S. Securities and Exchange Commission dropped claims against two former JPMorgan Chase traders accused of hiding more than $6.2 billion in trading losses as part of the “London Whale’’ case.

Sec Building

SEC charges KPMG with audit failures

The Securities and Exchange Commission has announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being misinformed about the energy company’s value. KPMG’s engagement partner in charge of the audit also agreed to settle charges against him.