Darrell Whitman Files Emergency Request With US Office Of Special Counsel (BrokeAndBroker.com Blog)
In 2010, attorney Darrell Whitman became a Regional Investigator for the San Francisco Region Office of Whistleblower Protection Programs ("OWWP"), which was part of the United States Department of Labor's ("DOL's") Occupational Safety and Health Administration ("OSHA"). Beginning in 2011, Whitman and others in the San Francisco OWWP office complained that they were being hamstrung and short-circuited in their efforts to protect whistleblowers against perceived retaliation -- essentially being prevented from doing the job that they were being paid to do. In May 2015, Whitman was fired. How ironic that Whitman, an OWWP investigator charged with protecting whistleblowers from retaliation, found himself the victim of alleged retaliation by OWWP. In response to his termination, Whitman sued. Today's BrokeAndBroker.com Blog updates Whitman's pending case.
FINRA Plays Hide And
Seek With Six Years Of Unauthorized Sales And Withdrawals (BrokeAndBroker.com Blog)
In a recent FINRA regulatory settlement, the lack of explanation as to the basic elements of the case is baffling. Either the regulator doesn't think the facts are important or it never got the facts or it lacks the ability to convey such information. You judge for yourself.
Spoofing Email Sends
Payment To Minneapolis, Shanghai, And Bremen (BrokeAndBroker.com Blog)
The BrokeAndBroker.com Blog has frequently covered stories involving spoofed emails that are sent to banks and brokerage firms. Sometimes the recipients of these fraudulent emails are victims. Sometimes, they're complicit. Sometimes, folks just go about their day and despite all sorts of memos and policies over the years warning them against accepting emails at face value, they disregard protocol and set off an avalanche of trouble and pain. As demonstrated in a recent federal criminal case, we got lots of scamsters alive and well out there in cyberspace.
CEO CCO FINOP Fined
And Suspended Over Classification Of Personal Expenses
(BrokeAndBroker.com Blog) A FINRA regulatory settlement presents the case of a CEO, CCO, and FINOP who was fined and suspended for classifying his personal expenses and business expenses. That's a lot of titles for one person. Last month, his brokerage firm's FINRA registration was terminated. All of which makes for some interesting reading and raises some provocative questions.