SEC Files Rare Subpoena Enforcement Action Over Failure to Testify
The SEC is understandably loath to file subpoena enforcement actions. Such actions are basically a waste of time and resources, and involve getting a court to order people to do what they are already required to do. Sometimes, however, the SEC has no choice but to wield the "stick" of ...
Related articles
-
Blog
SEC wants Jay-Z to testify about clothing brand deal
The SEC has filed a subpoena and asked a federal court in the Southern District of New York to order rapper Jay-Z to testify over the acquisition of his Rocawear clothing line by Iconix Brand Group, a $169 million writedown of the brand in 2016, and a reported loss of ...
-
News BriefSEC exam priorities for 2026 signal heightened focus on firmwide compliance
The U.S. Securities and Exchange Commission’s (SEC) Division of Examinations released its 2026 examination priorities, which give companies a roadmap of areas of heightened risk and regulatory focus for next year.
-
ArticleSan Francisco firm pays $11.4M for alleged Russia-related sanctions violations
A San Francisco-based private equity firm has agreed to pay $11.4 million to settle allegations it violated U.S. sanctions rules by handling investments for a sanctioned Russian oligarch.