Securities Industry Commentator by Bill Singer Esq

September 30, 2020

Some Blog readers have inquired as to what's happened to the Blog in recent days. No -- we have not discontinued Broke And Broker; however, there has been such a crush of legal, regulatory, and compliance news that we can't keep up with all the developments. As such, we've imposed double-duty upon our companion online publication, the "Securities Industry Commentator." When things return to normal, your beloved Broke And Broker Blog will return. 

JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets (DOJ Release)

J.P. Morgan Securities Admits to Manipulative Trading in U.S. Treasuries (SEC Release)

CFTC Orders JPMorgan to Pay Record $920 Million for Spoofing and Manipulation (CFTC Release)

Joint Statement of Concurrence of Commissioners Dawn D. Stump and Rostin Behnam Regarding JPMorgan Chase & Co., et al. (CFTC Statement)

Supporting Statement of Commissioner Dan M. Berkovitz Regarding Historic Penalty against JPMorgan and Opposing "Bad Actor" Waiver (CFTC Statement)

Former Wall Street Trader Sentenced To More Than 5 Years In Prison For Running A Ponzi Scheme (DOJ Release)

Former Registered Broker Pleads Guilty to Participating in a Multi-Million Dollar Securities Fraud Scheme / Defendant Engaged in Unauthorized Trading in Customers' Account and Generated Over $2 Million in Commissions and Fees for Brokerage Firm (DOJ Release)

SEC Charges Former Real Estate Executive With Misappropriating $26 Million in Ponzi Scheme (SEC Release)

SEC Charges Ratings Agency With Internal Controls Failures in Connection With Ratings of CMBS and CLO Combo Notes (SEC Release)

South Florida Lawyer Charged with Fraud Related to 1 Global Capital Investment Scheme (DOJ Release)

SEC Charges South Florida Lawyer with Securities Fraud (SEC Release)

SEC Charges Unregistered Brokers in Penny Stock Scheme Targeting Seniors (SEC Release)

SEC Charges Nebraska-Based Investment Adviser Representative for Conducting Fraudulent "Cherry-Picking" Scheme (SEC Release)

SEC Charges Swedish National with Global Scheme Defrauding Retail Investors, Including Deaf Community Members (SEC Release)

SEC Charges Manitex International and Three Former Senior Executives With Accounting Fraud (SEC Release)

CFTC Orders New Jersey Firm to Pay $300,000 for Supervision Violations (CFTC Release)

CFTC Awards Whistleblower $250,000 (CFTC Release)