Securities and Exchange Commission (SEC), Form D Filing, Enforcement Actions

Form D-elay: Shift in Enforcement?

Bressler, Amery & Ross, P.C. on 2/18/2025

Securities issuers and their counsel have historically relied on the fact that the SEC has not pursued enforcement actions against issuers that have not filed, or been delayed in filing, a Form D in connection with offerings...more

The Importance of Timely Filing a Form D

Winstead PC on 1/22/2025

On December 20, 2024, the U.S. Securities and Exchange Commission (the “SEC”) announced charges against two private companies and one registered investment adviser (the “Parties”). These charges asserted that the Parties...more

SEC Enforcement Action – Failure to File Forms D

Foley & Lardner LLP on 1/9/2025

Share on Twitter Print Share by Email Share Back to top On December 20, 2024, the U.S. Securities and Exchange Commission (SEC) announced that it settled charges issued against one registered investment adviser and two...more

Three Firms That Engaged in General Solicitation Settle with SEC for Failure to Timely File Forms D

Morrison & Foerster LLP on 1/8/2025

On December 20, 2024, the Securities and Exchange Commission (SEC or the “Commission”) announced charges against several entities that failed to file a Form D within 15 days of a private sale of securities. These entities,...more

SEC Enforcement Actions for Failure to File Form D: A Wake-up Call for Startups and Private Fund Advisers

BCLP on 1/3/2025

On December 20, 2024, the U.S. Securities and Exchange Commission (the “SEC”) issued a press release highlighting settled enforcement actions against a private fund adviser and two pre-IPO companies for failure to timely file...more

SEC Attempts to Halt Telegram’s Planned Token Distribution

Proskauer - Blockchain and the Law on 11/1/2019

On October 11, 2019, the SEC filed an emergency action to stop Telegram (Telegram Group Inc. and its wholly owned subsidiary TON Issuer Inc.) from continuing its offering of tokens. Telegram raised approximately $1.7 billion...more

The SEC Can’t Keep Kik-ing the Crypto Can

Orrick - On the Chain on 7/19/2019

On June 4, 2019, the SEC sued Kik Interactive Inc. (“Kik”), a privately held Canadian company, in the Southern District of New York, alleging that Kik’s offer and sale of $100 million worth of Kin tokens in 2017 constituted...more

Securities and Exchange Commission (SEC) › Form D Filing › Enforcement Actions