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Posts tagged as “The Securities and Exchange Commission”

Dan Snyder Fined $60 Million by NFL for Sexual Harassment and Financial Misconduct

Dan Snyder, the outgoing owner of the Washington Commanders, has been fined $60 million by the NFL after an independent investigation determined he had sexually harassed a team employee and overseen team executives who withheld millions of dollars in revenue from other clubs. The investigation was led by former Securities and Exchange Commission chair Mary Jo White and unanimously approved by the NFL owners. The fine serves as a reminder that the league is serious about its commitment to upholding the highest standards of conduct.

SEC Charges Justin Sun and Celebrity Backers for Illegally Touting Crypto Assets

The SEC has charged crypto entrepreneur Justin Sun and eight celebrities, including Lindsay Lohan and Jake Paul, for promoting crypto assets without disclosing they were being compensated for doing so. The celebrities have agreed to pay $400,000 in fines and return the money they were paid for the promotion. The SEC’s investigation is ongoing and serves as a reminder that celebrities must disclose their compensation when promoting investments.

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