Trading

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 ...

Cedrone and Ferris were investor relations consultants for Abakan and worked in concert with Thoreson to monitor Abakan's bid-and-ask activity in real time. Thoreson effected ...

Needed new guidance on coming fixed income confirmation disclosure requirements has been released by FINRA. The guidance—in the form of 45 FAQs—is aimed at helping ...

Broker-dealers are now off and running with the new requirement to report transactions in U.S. Treasury securities through FINRA’s Trade Reporting and Compliance Engine (BD ...

A sentence has been handed down in a cherry-picking case that highlighted the SEC’s ever-increasing power to analyze trade data to detect suspicious trading patterns. ...

The SEC previously charged Breton and his firm Strategic Capital Management, LLC on January 25, 2017. The SEC's complaint alleges that Breton and Strategic Capital ...

There is a price to pay for ignoring compliance mandates. Despite repeated warnings, restrictions and prohibitions from compliance, a former Morgan Stanley Smith Barney top ...