Enforcement

At FINRA, fraud is top of mind, judging by the SRO’s 2018 annual priorities letter (BD Watch, Jan. 11, 2018). But that covers a multitude ...

Following a hearing on March 6, 2018, Judge Weinstein found that the CFTC had shown a reasonable likelihood that Defendants will continue to violate the ...

Friedrichsen solicited clients for his fraudulent scheme via Craigslist ads, telephone, and e-mail. In these solicitations, the CFTC alleges that Friedrichsen made numerous materially false ...

Protecting senior investors from speculative or unduly complex products has been a well-known priority for FINRA. But suitability issues are not the only ones that ...

The complaint also alleges that a) Hicks and the Southridge Entities defrauded their investors by promising investors that at least 75% of their money would ...

The SEC’s FY 2019 budget request tackles a three years running flat budget and two-year hiring freeze in a bid to stay on top of ...

While a settlement arising from this self-reporting initiative may allow an adviser to skirt paying penalties, the firm could expect to disgorge what it shouldn’t ...

a significant amount of AMP’s customers’ records and information were left unprotected for nearly ten months. In April 2017, as a result of this failure, ...

The Commission’s complaint alleged that, from November 2013 through April 2014, Moses and MIC misrepresented 1) Moses’ past experience as a trader or portfolio manager ...

All this story’s missing is the screenwriter.   The real-life characters include a failed politician turned skillful fraudster. He heads to prison next month. Add ...