Trading

The hits keep coming for Samuel Lek and his embattled New York-based broker-dealer Lek Securities. FINRA and a slew of exchanges announced March 27 that ...

These proceedings arise out of an illicit scheme by interdealer broker LCM to obtain undisclosed trading fees from its customers. From at least 2008 through ...

Broker-dealers now have until Sept. 5 to comply with a shortened T+2 settlement cycle for securities transactions. The SEC March 22 unanimously approved an amendment ...

The Securities and Exchange Commission (“Commission”) is adopting an amendment to the Settlement cycle Rule (Rule 15c6-1(a)) under the Securities Exchange Act of 1934 (“Exchange ...

Lek Securities Corp. sells itself as the “Gateway to the Markets.” The SEC claims the New York-based broker-dealer provided access to the U.S. markets to ...

The SEC's complaint alleges that Breton and Strategic Capital Management, LLC defrauded clients out of more than $1.3 million. Breton allegedly placed trades through a ...

Historically, Stifel did not track or monitor which sub-advisers were trading away from Stifel, how often those sub-advisers were trading away, or the specific costs ...

The Commission’s complaint alleged that, from at least January 2010 through March 2016, Breton defrauded at least 30 of SCM’s clients by allocating profitable trades ...

The SEC further alleges that Lek Securities and its owner Samuel Lek made the schemes possible by providing Avalon with access to the U.S. markets, ...

Colgate-Palmolive has been paying an annual dividend to its shareholders since 1895. This fact wasn’t lost on a 28-year former Colgate employee who specifically advised ...