In a newly released risk alert, the commission’s Division of Examinations highlighted potential areas of focus for the rule, which has a Nov. 4 compliance date.
Shawn Everett Good faces up to 30 years in prison after pleading guilty to charges of wire fraud and money laundering, according to the Department of Justice.
SEC Chairman Gary Gensler discussed his views on cryptocurrencies, agency resources and the commission’s proposed rule for climate risk disclosures for issuers during testimony before the Senate Banking Committee.
Scott Adam Brander allegedly made more than $800,000 when allocating certain trades to benefit his own accounts, while placing less successful trades into clients’ accounts, according to the commission.
Tech leaders at a variety of firms also discussed cybersecurity, artificial intelligence and the benefits of competition during a panel discussion in conjunction with the annual WealthManagement.com Industry Awards.
