The Securities and Exchange Commission today announced settled charges against GWFS Equities Inc. (GWFS), a Colorado-based registered broker-dealer and affiliate of Great-West Life & Annuity Insurance Company, for violating the federal securities… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The […]
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SEC Charges Mutual Fund Executives with Misleading Investors Regarding Investment Risks in Funds that Suffered $1 Billion Trading Loss
The Securities and Exchange Commission today filed a civil action alleging that investment advisers LJM Funds Management Ltd. and LJM Partners Ltd. and their portfolio managers, Anthony Caine and Anish Parvataneni, fraudulently misled investors… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The […]
SEC Awards More Than $4 Million to Whistleblower
The Securities and Exchange Commission today announced an award of more than $4 million to a whistleblower who alerted SEC staff to certain violations, prompting the opening of an investigation. The whistleblower then provided substantial… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
In the last ten years, hedge fund investor Adam Wyden made his investors 11…
How This Democratic Senator’s Son Made $100 Million In Stocks And Why He Fled To Low Tax FloridaIn the last ten years, hedge fund investor Adam Wyden made his investors 11 times richer by uncovering hidden stock gems. His biggest worry? That his Democratic Senator father will tax his gains […]
Securities Law Blog Roundup
Blog Roundup: The latest posts from securities law related blogs: SECLaw.com: Business Law Professor: 10b-5 Daily: Related Sites The Securities Law Blog Securities Lawyer
Another Successful Whistleblower – $3.6 Million
The SEC has awarded approximately $3.6 million to a whistleblower whose information and assistance led to a successful SEC enforcement action. The SEC has awarded approximately $842 million to 157 individuals since issuing its first award in 2012. All payments are made out of an investor protection fund established by […]
Thinking of Day Trading?
A new article from the Securities and Exchange Commission is directed at investors and makes a couple of great points. Day trading is serious business and not something you just dabble in for fun, particularly if you are using leveraged investment strategies or trading leveraged products. Day trading involves actively […]
UBS Keeps Losing its Attempt to Vacate $11-Mln Finra Award
Back in December 2019 UBS lost an arbitration case brought by Mark Munizzi, a former UBS regional compliance officer in Chicago, whom the wirehouse fired in 2018. His claim was based on his allegations UBS defamed him with the language it put on his U5 form filed with the Central […]
SEC Charges S&P Dow Jones Indices for Failures Relating to Volatility-Related Index
The Securities and Exchange Commission today announced settled charges against S&P Dow Jones Indices LLC for failures relating to a previously undisclosed quality control feature of one of its volatility-related indices, which led S&P DJI to… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
SEC Awards More Than $28 Million to Whistleblower Who Aided SEC and Other Agency Actions
The Securities and Exchange Commission today announced an award to a whistleblower totaling more than $28 million in connection with an SEC enforcement action and a related action by another federal agency. The whistleblower’s information caused… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
