Trading

The end of September represents the end of the SEC’s 2018 fiscal year and the inevitable analysis of its Enforcement Division’s statistics. But the division’s ...

The manner in which Harrison effected the trades on behalf of Putnam resulted in undisclosed favorable treatment of certain advisory clients over others. Specifically, Harrison ...

Be on the lookout for signs of a trader who immediately cancels futures orders just after placing them.   That behavior is highlighted in a ...

Perkins reaped substantial profits at his clients' expense by cherry-picking trades. Perkins allegedly traded securities in World Tree's omnibus account and delayed allocating the securities ...

Suspect that one of your reps may be engaged in excessive trading? Better investigate or put some meaningful restraints in place. Otherwise, you risk ending ...

The SEC regularly touts its ever increasing, enhanced ability to analyze big data. That prowess with utilizing data analysis to detect suspicious trading patterns has ...

The consolidated audit trail project continues to be plagued by missed deadlines. But a new status report from the Director of the SEC’s Division of ...

Mismarking can be costly. Citigroup Global Markets has paid a $5.75 million fine for failing to supervise a group of traders who mismarked the value ...

Respondents marketed all of the Products and Strategies as “managed using a proprietary quant model,” and highlighted, when marketing certain of the Products and Strategies, ...

BKS Advisors had a compliance manual that included a “Block Order Allocation” policy aimed at preventing unfair trade allocations.  But that policy didn’t prevent long ...