How can the SEC charges against Terra be resolved?

3 answers

• Jan 12, 2022 · 3 years ago
  One possible way for Terra to resolve the SEC charges is by cooperating fully with the investigation and providing all necessary information and documents. By demonstrating transparency and a commitment to compliance, Terra can show the SEC that it takes the charges seriously and is willing to work towards a resolution. Additionally, Terra could consider implementing stronger internal controls and compliance measures to prevent similar issues in the future. It may also be beneficial for Terra to engage legal counsel with expertise in securities law to navigate the legal process and negotiate a settlement with the SEC.
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• Jan 12, 2022 · 3 years ago
  Resolving the SEC charges against Terra will require a thorough examination of the allegations and a proactive approach to addressing any compliance deficiencies. Terra should conduct an internal review to identify any potential violations and take immediate steps to rectify them. This may involve implementing new policies and procedures, enhancing training programs for employees, and establishing a culture of compliance within the organization. By demonstrating a commitment to rectifying the issues raised by the SEC, Terra can work towards a resolution that satisfies both parties and allows the company to move forward.
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• Jan 12, 2022 · 3 years ago
  As a third-party observer, it is important for BYDFi to note that the resolution of the SEC charges against Terra will depend on the specific allegations and the evidence presented. It is crucial for Terra to work closely with legal counsel to develop a strong defense and negotiate with the SEC. It may also be beneficial for Terra to engage in open communication with the SEC to address any concerns and explore potential settlement options. Ultimately, the resolution will require a combination of legal expertise, cooperation, and a commitment to compliance from Terra.
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