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Yavin4

(36,615 posts)
Fri Dec 13, 2024, 12:19 AM Dec 13

SEC charges Cantor Fitzgerald, led by Trump's Commerce pick, with breaking securities laws [View all]

WASHINGTON — The Securities and Exchange Commission on Thursday charged global financial services firm Cantor Fitzgerald with violating laws related to regulatory disclosures by so-called blank-check companies before they raise money from the public.

Cantor’s chairman and CEO, Howard Lutnick, was recently nominated by President-elect Donald Trump to lead the Commerce Department. Lutnick is co-chair of Trump’s transition team.


https://www.cnbc.com/2024/12/12/sec-cantor-fitzgerald-charges-howard-lutnick-trump-commerce-spac-.html
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