Tuesday - April 21, 2026
Federal Regulatory Agencies

Here's a look at documents from federal regulatory agencies

Featured Stories

SEC and CFTC Jointly Propose Amendments to Reduce Private Fund Reporting Burdens
WASHINGTON, April 20 -- The Securities and Exchange Commission issued the following news release:

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SEC and CFTC Jointly Propose Amendments to Reduce Private Fund Reporting Burdens

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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly proposed amendments to reduce private fund reporting burdens while enabling the continued collection of necessary and appropriate information. The agencies proposed to amend Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also ... Show Full Article

Court Orders Operator of Timeshare Exit Scheme to Pay $140 Million Related to FTC Allegations the Scheme Took Millions from Consumers
WASHINGTON, April 20 -- The Federal Trade Commission issued the following news release:

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Court Orders Operator of Timeshare Exit Scheme to Pay $140 Million Related to FTC Allegations the Scheme Took Millions from Consumers

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Following an investigation by the Federal Trade Commission, a federal court has ordered one of the key operators of a timeshare exit operation to pay $140 million and has permanently banned him from marketing similar services in the future over allegations the scheme defrauded consumers-mostly older adults-out of more than $90 million.

The court granted summary judgment ... Show Full Article

CFTC and SEC Jointly Propose Amendments to Strengthen Disclosure and Reduce Private Fund Reporting Burdens
WASHINGTON, April 20 -- The Commodity Futures Trading Commission issued the following news release:

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CFTC and SEC Jointly Propose Amendments to Strengthen Disclosure and Reduce Private Fund Reporting Burdens

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The Commodity Futures Trading Commission and Securities and Exchange Commission today jointly proposed amendments to reduce reporting burdens for private funds. 

The agencies proposed to amend Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as a commodity pool operator ... Show Full Article

SEC Charges San Francisco Bay Area Trader, Investment Adviser in Alleged Multimillion Dollar Ponzi-Like Scheme & Offering Fraud
WASHINGTON, April 18 -- The Securities and Exchange Commission issued the following litigation release (No. 26-cv-03203; N.D. Cal. filed April 15, 2026) involving San Francisco Bay area trader and investment adviser in alleged multimillion dollar Ponzi-like scheme and offering fraud:

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On April 15, 2026, the Securities and Exchange Commission charged Milpitas, California resident Sudheesh Nambiar, alleging that he defrauded hundreds of investors of approximately $44 million.

According to the SEC's complaint, from at least November 2018 through May 2024, Nambiar orchestrated a Ponzi-like ... Show Full Article

SEC Charges Bitcoin Latinum Founder, Affiliated Companies With Allegedly Defrauding Investors in $16 Million Securities Offering
WASHINGTON, April 18 -- The Securities and Exchange Commission issued the following litigation release (No. 1-26 cv 02293; E.D.N.Y. filed Apr. 17, 2026):

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Securities and Exchange Commission v. Donald G. Basile, GIBF GP, Inc., and Monsoon Blockchain Corporation, No. 1-26 cv 02293 (E.D.N.Y. filed Apr. 17, 2026)

On April 17, 2026, the Securities and Exchange Commission charged Donald G. Basile and two entities he controlled--GIBF GP, Inc. and Monsoon Blockchain Corporation--with allegedly defrauding hundreds of investors across the United States in a $16 million securities offering of "Simple ... Show Full Article

FEC Issues Digest for Week of April 13-17, 2026
WASHINGTON, April 18 -- The Federal Election Commission issued the following weekly digest:

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Commission meetings and hearings

No open meetings or executive sessions were scheduled this week.

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Website Initiatives

The Commission has launched a new rulemaking search system on the FEC's website, which is replacing the Searchable Electronic Rulemaking System (SERS). The new system provides fast, comprehensive access to FEC rulemaking documents and is easily accessible via mobile devices. Users can search rulemaking documents by regulation number, document type, date, and more. Advanced ... Show Full Article

FCC Public Safety & Homeland Security Bureau Issues Public Notice: Region 21 Regional Planning Committees to Hold 700 MHz, 800 MHz Meetings
WASHINGTON, April 18 -- The Federal Communications Commission Public Safety and Homeland Security Bureau issued the following public notice (PS Docket No. 23-237; WT Docket No. 02-378) on April 17, 2026:

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The Region 21 (Michigan)/1 700 MHz and 800 MHz Regional Planning Committees (RPCs) will hold two consecutive planning meetings on Thursday, May 28, 2026. Beginning at 10:00 am, the Region 21 800 MHz RPC meeting will convene at the Monroe County Sheriff's Office, Frenchtown Township Substation, 2619 N. Dixie Hwy, Monroe, MI 48182.

The agenda for the 800 MHz RPC meeting includes:

* Call ... Show Full Article

SEC Obtains Final Judgment as to Investment Adviser in Alleged Unregistered Oil & Gas Offerings
WASHINGTON, April 18 -- The Securities and Exchange Commission issued the following litigation release (No. 8:25-cv-02057; C.D. Cal. filed Sept. 11, 2025) involving an investment adviser in alleged unregistered oil and gas offerings:

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On April 7, 2026, the United States District Court for the Central District of California entered a final judgment as to Kevin N. Richards, whom the SEC previously charged with selling securities in unregistered oil and gas offerings, acting as an unregistered broker, and failing to disclose financial conflicts of interest to advisory clients.

The SEC's complaint, ... Show Full Article