Trading

FINRA has released its first consolidated findings from recent examinations, delivering on a pledge made by the SRO’s President/CEO Robert Cook at the start of ...

In each of the first three quarters of this year the SEC has filed charges of excessive trading against brokers. The streak continues with the ...

Morgan Stanley omitted mandatory futures and options data from its Part 17 Large Trader reports to the CFTC. These omissions were the result of four ...

Krueger favored his personal accounts over discretionary brokerage customer and advisory client accounts when he executed day trades or delayed allocation of trades until after ...

Krueger knowingly cherry-picked profitable trades for his personal accounts to the detriment of the discretionary accounts. When a security appreciated in value on the day ...

The first phase of data reporting for the Consolidated Audit Trail scheduled for the middle of next month coupled with the recent announcement of the ...

The case that spurred FINRA to launch a targeted exam sweep in September 2016 focused on unit investment trust rollovers has now been settled one ...

The Commission’s complaint alleged that over a 27-month period, Peter J. Eichler, Jr. (“Eichler”), Aletheia’s majority owner, chairman, chief executive officer and chief investment officer, ...

First, he allocated favorable purchases to his personal accounts, while allocating losing trades to HFS client accounts. Typically, after purchasing a block of securities through ...

He carried out his fraudulent scheme by trading in an omnibus account and delaying allocation of those trades to a specific account until he had ...