This matter concerns the failure by VFM, a registered broker-dealer, to file Suspicious Activity Reports (“SAR” or “SARs”) for voluminous suspicious activity relating to the ...
Instead of obtaining ADRs directly from Depositaries, Merrill’s securities lending desk, in over 40,000 transactions from June 2012 until approximately November 2014, obtained ADRs from ...
The SEC's complaint alleged, among other things, that Wells Fargo, which served as the placement agent for the 38 Studios bond offering, failed to disclose ...
The Commission’s complaint alleged that Lerman negiligently engaged in conduct in connection with the offering of interests in Pangaea Trading Partners LLC (“Pangaea”) that operated ...
The Commission’s complaint alleged that Gladtke engaged in a scheme to defraud investors who purchased units in Pangaea, a holding company that held itself out ...
The Commission’s complaint alleged that DePalo engaged in a scheme to defraud investors who purchased units in Pangaea, a holding company that held itself out ...
The SEC's complaint alleges that Walker improperly provided an unfair competitive advantage to one investment adviser due to his romantic interest in an individual associated ...
Wedbush failed reasonably to supervise one of its registered representatives, Timary Delorme (“Delorme”), who engaged in manipulative trading activity of penny stocks over multiple years, ...
A particular focus of mine is Rule 15c2-11. This rule was designed to ensure that broker-dealers have sufficient information to understand and evaluate securities that ...