Trading

FINRA has published FAQs to assist broker-dealers with the reporting of Treasuries transactions to TRACE. The SRO notes that the participation agreement will be updated with ...

Not having written P&Ps to prevent the misuse of material non-public information and ignoring a “daily restricted list” of securities for personal trading purposes are ...

Goodrich participated in a fraudulent scheme to manipulate the securities of the Issuers. The complaint further alleged that, using his position as a market maker ...

The Hold Brothers had violated the federal securities laws by enabling and failing to adequately monitor deceptive trading practices by certain offshore traders who used ...

The SEC Jan. 25 charged a Massachusetts-registered investment adviser and its managing partner, CCO and sole employee Michael Breton with cherry-picking client trades. The case ...

According to the SEC's complaint, when companies announced positive earnings that would presumably increase the stock value, Breton disproportionately allocated those trades to his accounts. ...

Block improperly directed all or virtually all of four separate payments that were owed to two of Block’s advisory clients to other accounts in which ...

During the relevant period, CES provided a written disclosure to certain retail broker-dealer clients that described a market order as an “[o]rder to buy (sell) ...

A “listening tour” commenced last August by then new FINRA president/CEO Robert Cook will bear fruit this year. Based on feedback that broker-dealers would like ...

There can be no mistaking that the SEC is diligently examining broker-dealers’ trading data and has even greater tools at its disposal to do so. ...