Talk about a spoiler alert - consider this ominous introductory statement in a Financial Industry Regulatory Authority ("FINRA") disciplinary decision:
This is a serious case of a broker in severe financial difficulty who engaged in a scheme to convert customer funds in order to pay his personal expenses and to conceal this misconduct from his firm.
Ummm, yeah, okay - so, what FINRA is hinting at is that this isn't going to turn out well for the stockbroker respondent, right? Gee, talk about telegraphing the bad news.
Federal Appeals Court Does Not See Fraud By Hindsight Investors sued a biotech company and its CEO amid claims that the defendants had issued pre... Read On
Investors sued a biotech company and its CEO amid claims that the defendants had issued press releases that fraudulently under-stated the timefra... Read On
INTEGRATED COMPLIANCE SOLUTIONS GROUP, LLCBROKER-DEALER COMPLIANCE CONSULTANTPOSITION DESCRIPTIONCompanyIntegrated Compliance Solutions Group, LLC is ... Read On
I've been around Wall Street for some 35 years and have been admitted to the Bar since 1985. During that time, I've worked with and represented some n... Read On
In 2010, Gregory Bartko was convicted in federal court of conspiracy, mail fraud, and unregistered securities sales. Following on that conviction... Read On
On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted and among its provisions were those providing fo... Read On
If it's Open-Mic Night at your local club and you want to try your hand at some celebrity impersonations, knock yourself out. On the other hand, if yo... Read On
This is an update of "In Face Of Split Circuits, SEC ALJ Rules Because We Say So" (BrokeAndBroker.com Blog, January 6, 2017)It seems only yesterd... Read On