(function($) { $(document).ready(function() { $(“.submitcommentslink”).click(function(e) { e.preventDefault(); $(“.comment-form”).submit(); }); $(‘.panel-col-last h2.pagelet’).replaceWith(function () {… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a national securities lawyer with the law firm […]
Tag: Securities Law
SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisors
The Securities and Exchange Commission’s Division of Examinations and Office of Municipal Securities (OMS), the Municipal Securities Rulemaking Board (MSRB), and the Financial Industry Regulatory Authority (FINRA) today announced the opening of… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The […]
SEC Charges School District with Misleading Investors
The SEC charged a San Diego County school district, Sweetwater Union High School District, and its former Chief Financial Officer, Karen Michel, with misleading investors who purchased $28 million in municipal bonds. According to the SEC’s complaint against Michel and its order against Sweetwater, in April 2018, Sweetwater and Michel […]
How One RIA Finds Solutions To Minimize Tax Issues For The Wealthy
How One RIA Finds Solutions To Minimize Tax Issues For The Wealthy: Fred Hubler of Creative Wealth Management Group in Pennsylvania said advisors need to specialize to succeed. The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a national securities lawyer with the law firm of Sallah […]
The Importance of Cybersecurity Policies
It seems like every day we see reports of hacking of corporate computers, resulting in the disclosure of personal customer information. Unfortunately, the brokerage industry is not immune from such attacks. Just yesterday the SEC sanctioned eight firms in three different actions for failures in their cybersecurity policies and procedures […]
SEC Obtains Emergency Relief, Charges Couple Who Operated $18 Million Ponzi scheme
The Securities and Exchange Commission today announced that it filed an emergency action and obtained a temporary restraining order and an asset freeze to stop an alleged Ponzi scheme perpetrated by Shakopee, Minnesota residents Jason Dodd Bullard and… Read the Full Press Release Have a securities law question? Call Sallah […]
SEC Announces Three Actions Charging Deficient Cybersecurity Procedures
The Securities and Exchange Commission today sanctioned eight firms in three actions for failures in their cybersecurity policies and procedures that resulted in email account takeovers exposing the personal information of thousands of customers and… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Issues Whistleblower Awards Totaling $2.6 Million
The Securities and Exchange Commission today announced awards of approximately $2.6 million to five whistleblowers who provided information and assistance in three separate enforcement proceedings. In the first order, the SEC awarded approximately $1.2 million to a whistleblower who provided valuable independent analysis based upon a complex algorithm the whistleblower […]
SEC Charges Underwriter and Its Former CEO With Misconduct In Muni Bond Tender Offer
The Securities and Exchange Commission today instituted settled charges against Crews & Associates Inc., an Arkansas-based broker-dealer, and its former CEO, Rush F. Harding III, for unfair dealing in connection with a municipal bond tender offer.… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
SEC Charges Former CEO of Technology Company With $80 Million Fraud
The Securities and Exchange Commission today charged Manish Lachwani, the former CEO of HeadSpin Inc., a Silicon Valley-based private technology company, with defrauding investors out of $80 million by falsely claiming that the company had achieved… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
