The Law of the Financial Markets from Top Securities Lawyers
Monday, March 24, 2025
SEC Takes Action Against Investment Adviser and Executives Over Misappropriation of Assets Washington, D.C., March 7, 2025 – The Securities and Exchange Commission (SEC) has announced settled charges against registered investment adviser Momentum Advisors LLC, along with its former managing partner Allan J. Boomer and former chief operating officer Tiffany […]
State income tax authorities are very concerned about where you live at tax time. Your domicile can significantly impact your tax obligations. You may need to provide documentation to prove where you live. This can include utility bills, rental agreements, or other official records confirming your address. This is crucial […]
The Securities and Exchange Commission today announced Acting Chairman Mark T. Uyeda’s executive staff, which will advise the Acting Chairman on matters before the Commission and work closely with SEC staff. Gabriel Eckstein, Chief of Staff Steven Levine, Deputy Chief of Staff Holly Hunter-Ceci, Senior Advisor to the Acting Chairman […]
SEC Files Charges Against Senior Executives in Alleged Bribery Scheme Involving Adani Green and Azure Power The Securities and Exchange Commission (SEC) recently announced charges against three senior executives for their alleged roles in a major bribery scheme involving Indian energy companies, Adani Green Energy Ltd. and Azure Power Global […]
SEC Awards $12 Million to Whistleblowers Exposing Penny Stock Fraud Last week, the Securities and Exchange Commission (SEC) awarded $12 million to three whistleblowers who provided crucial information leading to the agency’s enforcement action against a penny stock fraud operation. This high-profile case underscores the SEC’s commitment to combating financial […]
From our friends at New Edge Wealth.. There’s No Place Like the U.S. Housing Market
Two SEC Attorneys Resign The SEC’s Juridical Blunders The SEC encountered severe criticism following actions perceived as excessively authoritarian in its regulatory endeavors. These actions precipitated a legal reproach and subsequent resignations from the agency, highlighting the contentious and challenging landscape of regulatory practices within the nascent realm of cryptocurrency. […]
They continue to attempt to expand insider trading prohibitions and to do so by bringing lawsuits based on new theories rather than by legislation. The SEC’s lawsuit against Matthew Panuwat, a former executive at Medivation Inc., centers on allegations of insider trading termed “shadow trading.” This case, unfolding in San […]
From our friends at New Edge Wealth – “A Required Minimum Distribution (RMD) mandates that individuals who reach a certain age are obligated to start taking minimum distributions from their tax-advantaged retirement accounts. The RMD provision was put into place to ensure funds within retirement accounts are used for their […]
Proposed NASD Rules Will Allow Allegations Against Brokers to be Made Public By Mark J. Astarita, Esq. Note: This column was originally published in 1997 in Research Magazine. Unfortunately, nothing changed, and in fact, the situation has gotten worse. If you have questions about your U-4 or U-5 filings, please […]
