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Dual Registrants
Not adequately disclosing the risks and costs of a foreign exchange program have led to separate SEC settlements for Morgan Stanley Smith Barney and Citigroup ...
A failure to adopt and implement compliance P&Ps reasonably designed to ensure its clients weren’t overbilled according to the terms of their advisory agreement produced ...
The former president and CEO of a Connecticut-based dual registrant and his lawyer friend of over 25 years have settled SEC charges of fraudulently scheming ...
Holt defrauded his customers to obtain their property and money. In particular, Holt knowlingly caused an email communication to be transmitted in interstate commerce via ...
The highest-ever SEC penalty for violations of the Market Access Rule was announced by the Commission Sept. 26. Under a settlement, Merrill Lynch agreed to ...
From 2012 through 2015, Peter R. Kohli, of Pottstown, Pennsylvania, fraudulently raised more than $3.2 million from at least 120 investors. The complaint alleges that, ...
Every two years like clockwork, the SEC has extended its temporary rule permitting principal trades with certain clients by dual-registrants. The last time was two ...
The SEC’s Exchange Act rule adopted on a temporary basis to permit a registered broker-dealer to engage in a retail forex business will expire July 31. ...
The indictment alleges that Segal conducted a fraudulent scheme in which he stole more than $3.2 million from clients and other investors through the sale ...
It has been almost five years since FINRA provided guidance on funding and liquidity risk management practices. Given the recent trembling markets, this may be ...