New Chief Counsel Memorandum deems promotional materials misstate and mischaracterize the technique's efficacy in certain circumstances.
DAF startup Daffy recently experienced a jump in activity after embracing the significance of the number 18 in Jewish culture.
Rashawn Russell faces up to 30 years in prison after pleading guilty to his role in a scheme that defrauded nearly 30 investors out of approximately $1.5 million.
The SEC voted on Wednesday to impose the most sweeping overhaul for fund-labeling regulations in more than two decades.