The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The Securities […]
Tag: Securities Lawyer
Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel
The Securities and Exchange Commission today announced that Renee Jones has been appointed Director of the Division of Corporation Finance. John Coates, the Division’s current Acting Director, has been named SEC General Counsel. Both appointments are… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
SEC Announces Annual Regulatory Agenda
The Office of Information and Regulatory Affairs today released the Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions. The report, which includes contributions related to the Securities and Exchange Commission, lists short- and long-term… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
Gary Gensler Announces Additions to Executive Staff
The Securities and Exchange Commission today announced the appointments of Amanda Fischer, Lisa Helvin, Tejal D. Shah, Angelica Annino, Liz Bloom, Basmah Nada, and Jahvonta Mason as members of SEC Chair Gary Gensler’s executive staff. “I had the honor… Read the Full Press Release Have a securities law question? Call […]
SEC Charges Couple With Insider Trading on Confidential Clinical Trial Data
The Securities and Exchange Commission today charged a New York-based couple with insider trading in the stock of the pharmaceutical company where one of them worked as a clinical trial project manager. The defendants have agreed to pay more than $… Read the Full Press Release Have a securities law question? […]
SEC Awards More Than $23 Million to Whistleblowers
The Securities and Exchange Commission today announced awards of approximately $13 million and $10 million to two whistleblowers whose information and assistance led to successful SEC and related actions. The whistleblowers’ substantial assistance, provided to the SEC and another federal agency, included submitting information and documents, participating in interviews, and […]
James Sallah as Receiver, Gets Value for Defrauded Investors
When James Sallah of Sallah Astarita & Cox, LLC was appointed the receiver for a software company that had been raided by the FBI it had nothing, but software. Rather than putting the company into bankruptcy, which would virtually ensure that the investors would receive nothing, Sallah used a little-known […]
SEC Awards $22 Million to Two Whistleblowers
The SEC announced awards totaling approximately $22 million to two whistleblowers whose information and assistance was of crucial importance to successful SEC enforcement actions brought against a financial services firm. The first whistleblower received an award of $18 million, while the second whistleblower received a $4 million award. The larger […]
Broker Sells His Book, then Solicits his Clients
Well, this is a new one for me. I have been representing brokers and firms in transition deals for decades and have never seen this allegation. According to an article at Advisor Hub, there is a lawsuit pending where there are claims that a broker-sold his book of business to […]
SEC Charges Broker-Dealer for Failures Related to Filing Suspicious Activity Reports
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 […]
