Enforcement

Years of wrangling over the constitutionality of the SEC’s ALJ setting appears to be coming to a head. Ten appeals court judges heard arguments May ...

In the end, the cost to George Palathinkal for lying to the SEC during a fraud investigation turned out to be modest (PF Watch, April ...

The Court found that the Defendants falsely represented to customers and prospective customers that the Defendants’ trading system had “never had a losing month,” and ...

You hear it so much it can be easy to dismiss it as hyperbole: an enforcement action comes with reputational harm.   That appears to ...

If your firm’s Form ADV brochure trumpets a staffer’s education or certification, make sure you confirm the claim.   That’s one lesson from the SEC’s ...

Thomas Haider, the former CCO of MoneyGram, has settled his federal case that claimed he was negligent in overseeing the firm’s anti-money laundering program. The ...

Even inadvertent payments – absent of fraud – can spark a costly regulatory case. Take the new $4.5 million settlement with the SEC by William ...

A dual-registrant agreed this week to pay a $1 million fine for violating National Futures Association rules after the CEO of the London-based CPO/CTA/RIA took ...

Williams fraudulently solicited and accepted at least $13 million from 40 individuals to trade E-Mini S&P 500 futures contracts, among other things, in a pooled ...

These proceedings arise from the improper use of mutual fund assets to pay nearly $18 million for the distribution and marketing of fund shares outside ...