Securities & Markets

SEC Charges Former Doximity CRO with Insider Trading

The SEC filed settled insider trading charges against Paul W. Jorgensen, former Chief Revenue Officer of Doximity, Inc. The charges allege unlawful trading based on material nonpublic information, resulting in approximately $2.5 million in profits and losses avoided. Jorgensen consented to a settlement including permanent injunctions and an officer/director bar.

SEC charges Paul Jorgensen with Doximity insider trading

The SEC has charged Paul W. Jorgensen, former Chief Revenue Officer of Doximity, Inc., with insider trading. The complaint alleges that Jorgensen traded on material nonpublic information ahead of two earnings calls, resulting in approximately $2,532,775 in profits and avoided losses.

SEC Obtains Final Judgment Against Bin Hao in Ponzi Scheme

The SEC announced a final judgment against Bin Hao for his role in an alleged Ponzi scheme that targeted Chinese Americans. Hao was ordered to pay over $2.2 million in disgorgement, prejudgment interest, and a civil penalty.

SEC v. Bin Hao - Final Judgment Entered

The SEC announced the final judgment entered in the case of SEC v. Bin Hao. This action, filed in the Southern District of Florida, concludes the SEC's litigation against the defendant. The judgment imposes specific terms and penalties.

AMF Analysis of French Equity Market Participants (2019-2024)

The AMF has published an analysis of participants in the French equity market between 2019 and 2024. The report details changes in participant typology and investment behaviors, noting a stable overall structure despite shifts influenced by regulatory developments and Brexit.

IOSCO Updates Statement on Non-GAAP Financial Measures

IOSCO has published an updated Statement on Non-GAAP Financial Measures, revising its 2016 and 2002 statements. The update aims to help issuers provide clearer and more useful disclosures to investors, reducing the risk of misleading information.

IOSCO/BCBS Report on Margin Requirements for Non-Centrally Cleared Derivatives

IOSCO and BCBS have published a report assessing the implementation of margin requirements for non-centrally cleared derivatives. The report concludes the framework has been effectively implemented with no material issues identified, and no changes are proposed. Ongoing monitoring is recommended.

IOSCO Consultation Report on Valuing Collective Investment Schemes

IOSCO has published a consultation report proposing 13 updated recommendations for valuing collective investment schemes (CIS). The report seeks feedback from market participants by February 2, 2026, to modernize existing principles and address evolving market dynamics, particularly concerning illiquid assets and retail investment.

IOSCO Publishes Recommendations for Neo-Brokers

IOSCO has published a final report with recommendations for securities regulators and neo-brokers. The report addresses challenges posed by neo-broker business models and aims to foster a more transparent and accountable environment, enhancing investor protection measures.

IOSCO Publishes Final Report on Financial Asset Tokenization

IOSCO has published its Final Report on the Tokenization of Financial Assets, examining its adoption, risks, and regulatory implications. The report aims to build a shared understanding among global securities regulators on how to address emerging challenges in this area.