Sept. 29, 2020 —The Securities and Exchange Commission today announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for fraudulently engaging in manipulative trading of U.S. Treasury securities. J.P. Morgan Securities admitted the findings in the SEC‘s order, and agreed to pay disgorgement of $10 […]
Enforcement
The Story of Martha and The Telephone Call
Proving Aesop Right Once Again – We Often Give Our Enemies the Means of Our Own Destruction By Mark J. Astarita, Esq. Avoid a remedy that is worse than the disease. We had better bear our troubles bravely than try to escape them We often give our enemies the means for […]
SEC Sues over Internet “pre-IPO” offering
The Securities and Exchange Commission announced that on September 14, 2000, it filed a civil lawsuit against 1stBuy.com, Inc. (1stBuy) and its founder and CFO, Roger D. Pringle. The SEC’s action pertains to a pre-ipo offering, an Internet stock offering conducted by 1stBuy during 1999 and early 2000 in which […]
