A truly impressive column and a must read: Bloomberg's Antilla: Wall Street's Big Swingers Get Biggest BreaksOn the surface, the year 2011 was one of ramped-up securities regulation and scary times for financial scammers, with enforcement cases soaring at the U.S. Securities and Exchange Commission and coverage galore about the humbling of inside traders and municipal-bond riggers.
Along with the sexy headlines about felled lawbreakers, though, there were also troubling free passes and favors granted to the accused and the privileged.
Laws that were set up to punish bad guys got waived within days of the press releases announcing that the offenders had been brought down. Well-connected lawyers in the employ of investment firms got express-lane access to regulatory brass.. .
A panel of three FINRA arbitrators found TD Ameritrade's management to have been grossly negligent and failing to use due diligence. Okay, sure, the v... Read On
Overtime at Merrill Lynch Prompts Uneven-Handed FINRA Regulation (BrokeAndBroker.com Blog)https://www.brokeandbroker.com/6602/merrill-lynch-finra-over... Read On
Early on in "Macbeth," the eponymous character famously muses:But in these cases We still have judgment here; that we but teach Bloody instr... Read On
It's not that rare a scenario. An investor is victimized by fraud and suffers significant financial losses. The victim seek out a lawyer to sue the br... Read On