SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions

The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) person taken enactment against Silvergate Capital Corp., the holding institution for Silvergate Bank, and its erstwhile executives for misleading investors and failing to show important transactions. Silvergate has agreed to wage penalties without […]