The Law of the Financial Markets from Top Securities Lawyers
Sunday, October 1, 2023
Introduction SEC Enforcement proceedings can be intimidating. As former SEC Staff Attorneys, and Securities Defense Attorneys, the attorneys at Sallah Astarita & Cox, LLC can represent you in connection with an SEC investigation. If the investigation turns into an enforcement proceeding, will use our decades of experience to assist you […]
Damian Williams, the United States Attorney for the Southern District of New York, announced today that EDDY ALEXANDRE was sentenced by U.S. District Judge John P. Cronan to nine years in prison for engaging in commodities fraud. ALEXANDRE was the leader of a purported cryptocurrency and foreign exchange (“forex”) trading […]
The SEC charged Brent Seaman of Naples, Florida, with fraudulently raising approximately $35 million from at least 60 investors through an unregistered securities offering. According to the SEC, Seaman told investors he would use their money to invest in technology companies and to trade currencies and commodities, but instead, he […]
On July 13, 2023, the Securities and Exchange Commission (SEC) charged Celsius Network Limited (Celsius) and its founder and former CEO, Alex Mashinsky, with violating registration and anti-fraud provisions of the federal securities laws. The SEC alleged that Celsius failed to register the offers and sales of its crypto lending […]
The Securities and Exchange Commission today announced charges against Merrill Lynch, Pierce, Fenner & Smith Incorporated and its parent company BAC North America Holding Co. (BACNAH) for failing to file hundreds of Suspicious Activity Reports (SARs) from 2009 to late 2019. Merrill Lynch agreed to pay a $6 million penalty […]
July 12, 2023 – The SEC today adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940. The amendments are designed to enhance the resilience and transparency of money market funds, particularly during periods of market stress. Significant Changes One of the key […]
Introduction The Securities and Exchange Commission (SEC) has taken action against Robert D. Christensen and Anthony M. Matic, along with their affiliated companies, for orchestrating a Ponzi-like scheme and defrauding investors who invested over $10 million in promissory notes. This article provides an overview of the case and highlights the […]
SEC Obtains Preliminary Injunction and Asset Freeze Against Legend Venture Partners Introduction In a significant development, the Securities and Exchange Commission (SEC) has taken decisive action against Legend Venture Partners LLC, an unregistered broker-dealer based in New York City. The SEC’s move comes in response to the discovery of a […]
Wilson Baston has been charged by the Securities and Exchange Commission for defrauding investors through a Ponzi scheme. Learn more here. #securitiesfraud
The Securities and Exchange Commission (SEC) has taken filed a complaint in the United States District Court for the Northern District of California, against William K. Ichioka, a resident of New York, New York, for engaging in a fraudulent investment scheme. The complaint alleges that Ichioka targeted individual investors primarily in […]
