SEC Chair Gary Gensler announced November 21 that he will leave his post January 20, 2025. The next day, the SEC announced its enforcement results for fiscal year 2024, which ended September 30. This was the latest release of...more
On February 16, 2021, the SEC filed a litigated civil complaint in the Southern District of New York against Morningstar Credit Ratings LLC, a former Nationally Recognized Statistical Rating Organization (“NRSRO”) alleging...more
3/18/2021
/ Civil Monetary Penalty ,
CMBS ,
Credit Ratings ,
Disclosure Requirements ,
Disgorgement ,
Enforcement Actions ,
Injunctive Relief ,
Internal Controls ,
NRSRO ,
Policies and Procedures ,
Rating Agencies ,
Securities and Exchange Commission (SEC)
On October 27, 2020, a U.S.-based producer and distiller of beverages, Beam Suntory, Inc. (“Beam” or “the Company”), agreed to pay a penalty of nearly $20 million dollars to resolve a Department of Justice investigation into...more