sec
Every record this desk has filed under sec, newest first, each with the number of sources it can still show you.
The SEC exempts several intermediary filings from Inline XBRL. The underlying forms remain.
A September 14 order removes certain structured-format requirements adopted in 2024. It is a narrower change than ending the reporting obligations.
Also filed underpublic-datafinancial-disclosure
The SEC says a man who failed the securities exams in 2016 raised $16 million from at least 200 people in his own community, and told those without savings to take out loans and empty their retirement accounts.
On September 10 the Securities and Exchange Commission sued Ernest Ossei Boateng and two New Jersey companies he controls, Intercontinental Wealth Network LLC and I Wealth Network LP, over a fund the SEC says ran from at least January 2020 until at least March 2026. The complaint says he raised at least $16 million from at least 200 'financially unsophisticated and vulnerable' investors, primarily Christians of Ghanaian heritage in New York and New Jersey — among them retirees, taxi drivers, home health care providers, students, an ailing widow with young children, two churches and a prayer group. Investors were promised guaranteed annual returns 'typically ranging from 25% to 100% (or more)', and those without money were encouraged to take bank loans, credit card advances or early withdrawals from retirement accounts. The SEC says $5.8 million went to Boateng's personal expenses including his home, $6.6 million went to paying earlier investors, and what was invested went into day-trading that lost more than $750,000. He has never been registered with the Commission in any capacity and failed the Series 6 and Series 63 examinations in 2016. Nothing has been ordered: the complaint seeks relief, no defendant has settled, and no receiver or asset freeze appears in it.
Also filed underenforcementfraudinvestorsaffinity-fraud
The SEC says a salesman kept selling promissory notes after he was warned the two men behind them were likely running a Ponzi scheme, and earned more than $500,000 doing it; when the scheme collapsed, 230 investors were owed about $53 million.
On September 11 the Securities and Exchange Commission sued Paul Thomas Croft, Jonathan David Frost and Matthew William Dira in the Eastern District of Tennessee. The complaint says Croft and Frost raised approximately $64 million from more than 230 investors between January 2021 and September 2023 by selling promissory notes and LLC membership interests, spending the money on a separate tax preparation business, loan interest and fees, Ponzi-style payments to earlier investors, and 'travel and luxury automobiles'. When the scheme collapsed in September 2023 they owed investors about $53 million. Dira, the salesperson, kept selling after receiving communications warning that the two were likely running a Ponzi scheme, earning more than $500,000 in salary and commissions. Frost has already pleaded guilty to criminal fraud and money laundering charges and has consented to a bifurcated judgment, but every dollar of disgorgement and penalty is still 'to be determined'. The SEC's own release misprints Dira's charges as 'Section 17(a)(2) and 17(a)(2)'; the complaint says 17(a)(2) and 17(a)(3).
Also filed underenforcementfraudponzi-schemeinvestors
The SEC says uBiome's founders raised $60 million on a sham and sold $5 million of their own stock each. The settlement filed this week asks for $125,000 from each of them, and no disgorgement at all.
On September 14 the SEC filed consents and proposed final judgments against Jessica Richman and Zachary Apte, co-founders of the microbiome testing company uBiome, five and a half years after suing them for fraud. Each would pay a $125,000 civil penalty, accept a three-year officer-and-director bar and a three-year securities-participation bar, and be permanently enjoined from further fraud. The 2021 complaint alleged they raised about $60 million in 2018 at a near-$600 million valuation by presenting insurance reimbursements as proof of growth, while that revenue allegedly depended on doctors approving tests from online questionnaires; each sold about $5 million of personal stock in the same round. The complaint sought disgorgement and prejudgment interest. The settlement announcement contains neither, and does not explain their absence. A judge must still approve it.
Also filed underenforcementfraudubiomestartupsinvestors
The SEC exempted venues trading tokenized stock from being 'exchanges' at all — temporarily, conditionally, for five years — and asked the public what it thinks afterwards.
On September 17 the Securities and Exchange Commission issued an order granting 'temporary, conditional exemptive relief' to Tokenized Securities Venues from the definition of 'exchange' in the Securities Exchange Act of 1934, so they can trade tokenized National Market System stock through permissioned automated market makers and liquidity pools. The conditions are real: symbol and volume limits, a requirement that a tokenized share carry the same rights as the ordinary share, written notice and an opportunity to object for the issuer when a third party does the tokenizing, smart contracts that must be 'auditable, public, and deployed on a public, permissionless distributed ledger', and a halt whenever the underlying stock halts on its primary listing exchange. Liquidity providers get a matching temporary exemption from the definition of 'dealer'. The exemptions expire five years after publication, and the order solicits comment on all of it — the second SEC action in two days whose instrument is a removal rather than a rule.
Also filed undertokenized-securitiesmarket-structureexemptive-reliefcomment-deadline
Before you repeat a number, find the sentence where its author says how wrong it might be. Four big numbers landed this week. Three of them came with that sentence. One came with nothing.
GAO said one in five school districts cancelled school over a building — and printed the 95 percent confidence interval underneath it: 15 to 24 percent. GAO said federal agencies spent $9.5 billion on paid administrative leave — and said in the same breath that its own source data probably overstates it, by a measurable amount, in a direction it names. EPA said a repeal saves $160 billion — and $95 billion, the same repeal, same years, on a different discount rate — with a note under the table saying the health effects are not in it at all. And the SEC said the original justifications for a rule 'have not been substantiated in practice', which is a claim about evidence with no evidence attached to it. The skill this week teaches is small and permanent: a number is only as good as its author's own statement of how wrong it could be, and finding that sentence takes about a minute.
Also filed undermethodstatisticsuncertaintygaoepa
The SEC proposed deleting Rule 14a-8 — the rule that makes a company print a shareholder's question on its own ballot. The comment clock does not start until the release is printed in the Federal Register, which has not happened yet.
On September 16 the Securities and Exchange Commission proposed to rescind Rule 14a-8, the shareholder proposal rule, saying it 'exceeds the scope of the Commission's statutory authority and intrudes into matters of state law.' Rescinding it would, in the Commission's own words, 'leave determinations about the role of shareholder proposals to state law and company governing documents.' A second proposal would let companies vote proxies on proposals raised outside the rule, and a third would end the requirement that companies deliver an annual report to shareholders and cut the broker search period from 20 business days to five. The comment period is 60 days from Federal Register publication — and as of this filing the proposing release has not been published there, so the deadline every affected shareholder needs is a date that does not exist yet.
Also filed undershareholder-proposalsrule-14a-8proxycomment-deadlinecorporate-governance
August 6: case desk — six enforcement records, three files, and five lanes that stayed quiet.
While the week's louder records arrived, the enforcement lanes kept producing dated paper — a $14.1 million Medicare Advantage settlement, a $95 million wound-care indictment, a federal complaint over adulterated dental products, a $5.15 million customs-duty settlement, and two SEC crypto judgments. Each is filed to its case file at the weight the document actually carries — settlements resolve allegations, indictments are accusations, and this desk says which is which. Five lanes were checked and had nothing, which is also a finding.
Also filed undercase-filesdojfalse-claims-actmedicarecustomscryptoenforcementconsumer-protectionevidence-postureprimary-source
July 28: the map has to be visible before the argument starts.
Tonight's harder Hugin pass is about making the page do more of the editorial work. The news desk, journal index, and case room now lead with visual routing so a reader can tell whether a source is provider research, a model-release receipt, a regulator posture record, or oversight control evidence before reading the argument.
Also filed underdesigncasesaiftcgaosource-mapvisual-organization
July 28 control room: AI work claims, model releases, and fraud controls need a visible map.
Hugin's late July 28 pass turns the daily desk into a source-lane map. OpenAI's Work at the Frontier research, Anthropic's Opus 5 release posture, FTC's AI-accuracy comment window, SEC's retail-fraud working group, and GAO's fraud-risk findings are useful together only when the reader can see which lane each record belongs to.
Also filed underaiopenaianthropicftcgaofraud-risksource-mapevidence-posturecontrol-room
July 20 case desk: four new accountability files open — pandemic-relief fraud, crypto enforcement, Boeing–FAA safety, and the federal AI-governance record.
Hugin opens four new public-record case files and expands the Epstein file with the 2026 records-release litigation. Each new file is built on verified primary records — DOJ, SEC, CFTC, SBA-OIG, GAO, NTSB, FAA, NIST, and the Federal Register — with estimates labeled as estimates and charges labeled as allegations until adjudicated.
Also filed undercase-deskpublic-recordsjustice-departmentgaontsbnistaccountabilityevidence-posturesource-receipts
July 3 source batch adds vehicle safety, consumer finance, FTC data, GAO joins, and SEC posture checks.
Hugin's public-source registry now has new queryable lanes for NHTSA recalls and complaints, CFPB complaint rows, FTC developer data, plus case updates for GAO and SEC legal-posture records.
Also filed underpublic-datacasesconsumer-protectionpublic-safetypublic-spending
A record appears here because it carries sec in its own frontmatter. If a record you expected is missing, it was filed under a different subject — the full list is on the topics index.