Cryptocurrency

Two years ago, traders Todd Newman and Anthony Chiasson were charged with insider trading, allegations that eventually took down their firms – an investment adviser ...

As a compliance officer, your role must include examining the personal securities trading of your firm’s employees. The SEC’s Office of Inspector General is now ...

The inquiry from the SEC came in on Friday, Oct. 13, 2000. It would lead to alleged insider trading charges uniquely applied to mutual fund ...

A record 755 enforcement actions filed in 2014 has SEC Enforcement Director Andrew Ceresney deeming FY 2014 “a banner year for the Enforcement Division.” His division handled twice ...

The insider trading case that led to Wells Fargo Advisors ($334B in AUM) in St. Louis last month paying a $5 million fine to the ...

The Investment Advisers Act of 1940Section 204A -- Prevention of Misuse of Nonpublic Information Every investment adviser subject to Section 204 shall establish, maintain, and ...

The first-ever charges against a broker-dealer for failing to protect a customer’s material nonpublic information will result in a $5 million penalty for Wells Fargo ...

Securities Exchange Act of 1934Section 20A -- Liability to Contemporaneous Traders for Insider TradingPrivate rights of action based on contemporaneous tradingAny person who violates any ...

Securities Exchange Act of 1934Section 21A -- Civil Penalties for Insider Trading Authority to impose civil penaltiesJudicial actions by Commission authorizedWhenever it shall appear to ...

To the victor go the spoils. Only weeks after a federal jury acquittedNelson Obus and other defendants in a long-running SEC case claiming insider trading, ...