SEC

The Securities and Exchange Commission has launched a broad investigation into the companies and financial professionals behind many recent initial coin offerings, or ICOs.

The investigation was first reported by the Wall Street Journal and independently confirmed by NPR. According to the Journal, the SEC has sent out "dozens of subpoenas and information requests" in recent months to companies and individuals who have facilitated ICOs.

The Securities and Exchange Commission says cybercriminals got into the agency's files last year and accessed information that might have been used to give them a secret edge in trading.

The SEC says it had known about the intrusion in 2016 into its Edgar filing system, but learned this month that "nonpublic information" accessed may have been used for "illicit gain."

University of Kentucky Football, Facebook

Three McCracken County High School seniors officially signed to play football at the University of Kentucky. Wells Purdom, Jake Moreland and Zyaire Hughes will join the Wildcats next academic year. The UK football team is in the Eastern Division of the NCAA’s Southeastern Conference.

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The Kentucky Department of Financial Institutions says checks from the recent Morgan Keegan settlement will be mailed today to investors who filed an approved claim. The fund administrator, A.B. Data, will issue 1,930 checks totaling just over $4.5 million to Commonwealth investors.