The Securities and Exchange Commission today announced charges against Matthew J. Skinner of Santa Clarita, California, and five entities he owns and controls – Empire West Equity Inc., Bayside Equity LP, Longacre Estates LP, Freedom Equity Fund LLC, and Simple Growth LLC – for conducting four unregistered and fraudulent real […]
Other News
New Jersey Attorney General Gurbir S. Grewal Appointed SEC Director of Enforcement
The Securities and Exchange Commission today announced that Gurbir S. Grewal has been appointed Director of the Division of Enforcement, effective July 26, 2021. Grewal currently serves as Attorney General for the State of New Jersey, a role he has held… Read the Full Press Release Have a securities law […]
Robinhood Fined $70 Million
FINRA fines Robinhood and orders it to pay its customers 12.6 million dollars
SEC Charges San Francisco Bay Area Finance Employee and Friend With Insider Trading
The Securities and Exchange Commission today announced settled insider trading charges against Bay Area finance employee Mounir N. Gad and his friend Nathan E. Guido. According to the SEC’s orders against Gad and Guido, Gad worked for a Northern… Read the Full Press Release Have a securities law question? Call […]
SEC Engages with Students for Their Perspectives on Emerging Issues
Yesterday, Chair Gary Gensler and Investor Advocate Rick Fleming hosted a roundtable discussion with the students and faculty of the University of Texas at Arlington’s Department of Finance and Real Estate. Students presented on diversity and disclosure… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
SEC Charges Self-Proclaimed Real Estate “Dealmaker” With Multiple Offering Frauds and Misappropriation of Investor Funds
The Securities and Exchange Commission today announced charges against Matthew J. Skinner of Santa Clarita, California, and five entities he owns and controls – Empire West Equity Inc., Bayside Equity LP, Longacre Estates LP, Freedom Equity Fund LLC, and… Read the Full Press Release Have a securities law question? Call […]
SEC Appoints New Jersey Attorney General Gurbir S. Grewal as Director of Enforcement
The Securities and Exchange Commission today announced that Gurbir S. Grewal has been appointed Director of the Division of Enforcement, effective July 26, 2021. Grewal currently serves as Attorney General for the State of New Jersey, a role he has held… Read the Full Press Release Have a securities law […]
Joint Readout of Principals Meeting of U.S. and UK Authorities Regarding Central Counterparty Resolution
Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board, and the Bank of England convened a virtual meeting today to discuss certain issues… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The […]
Amec Foster Wheeler Fined $22 Million for FCPA Violations
As the Securities and Exchange Commission announced charges against Amec Foster Wheeler Limited (Foster Wheeler) for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bribery scheme that took place in Brazil, the company has agreed to pay more than $43 million related to this scheme, including […]
SEC Awards More Than $1 Million to Whistleblower
The Securities and Exchange Commission today announced an award of more than $1 million to a whistleblower whose information and assistance led to multiple successful SEC enforcement actions. The whistleblower provided SEC staff with valuable… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
