The Law of the Financial Markets from Top Securities Lawyers
Saturday, September 27, 2025
The SEC charged Robert Alexander with fraudulently raising approximately $9 million from more than 50 individuals by selling investments in Kizzang LLC, a purported online gaming business. Alexander misled investors to believe they would make at least 10 times their investment, and also stated that he had put millions of […]
The SEC maintains a list of unregistered entities that it alleges uses misleading information to solicit non-US investors known as PAUSEor fake firms. It recently updated that list to add four firms that are impersonating real firms, and 9 bogus firms. The list, known as the Public Alert: Unregistered Soliciting Entities […]
The Securities and Exchange Commission filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S. According to the SEC’s press release, the defendants defrauded more than 600 investors through sales of securities in issuers they controlled, […]
The Securities and Exchange Commission charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders. Merrill Lynch agreed to settle the charges, admit wrongdoing, and pay a $42 million penalty. According to the SEC’s order, Merrill Lynch falsely informed customers that it had executed […]
Insider trading is a serious securities fraud violation, which has significant civil, and criminal, penalties. In recent years, the SEC and the Courts have expanded the definition of insider trading, which can now include trading insiders, and those who get information from insiders and even the random man in the […]
The U.S. has opened a criminal investigation into whether traders manipulated prices in the $550 billion market for unsecured bonds issued by Fannie Mae and Freddie Mac, according to people familiar with the matter.The probe, parts of which were described by four people familiar with it, shows that investigations by […]
Mark J. Astarita is nationally recognized security lawyer, admitted to practice law before all state and federal courts in the States of New York and New Jersey as well as the United States Supreme Court. Mr. Astarita graduated cum laude from New York Law School and has practiced law primarily […]
Proponents of the varied cryptocurrencies believe that buying these “coins” will make them millionaires. For some, it is hard to argue, given the spectacular gains in the currency over the past year. However, those of us who have been involved in the securities markets for more than a few years, […]
The United States Securities and Exchange Commission publishes a number of guides and alerts designed to advise and sometimes warn, investors. Here are the most recent publications, as well as a list of all of the earlier ones: Dec. 19, 2016 Invest Wisely: […]
The SEC alleges that, starting in approximately 2010, Michael Scronic began to raise money from at least 42 friends and acquaintances, many of whom were from his suburban community, in order to invest in a risky options trading strategy. He allegedly lured investors by informing them that he had a long […]
