New Year's Reading from and

December 31, 2010


Regulatory lawyer Bill Singer has analyzed and posted the latest crop of FINRA disciplinary cases



CD Pirate Walks Federal Plank in Computer Gaming Case

You'll never imagine what went on behind that lovely suburban one-family home.

Arbitration Litigates ARS Suitability

A truly well-explained FINRA arbitration decision adjudicates the dispute between an institutional client that invested in Auction Rate Securities and its broker-dealer. Were the ARS "suitable"? Read how this case answers that thorny question.

The Hedge Fund that Dissolved in Malta -- Maybe

Two characters somehow manage to transfer escrowed funds overseas to Swiss and Maltese accounts. The thing is, though, that they claim not to have retained control over the foreign accounts and, damn, they're having trouble finding out where the dollars actually are or what's being done with them.

Morgan Stanley Loses 401k Arbitration

Was it just a feeling or a firm decision to go into cash?  Did the broker wrongly talk his client into staying in the market?

Open Season on IRS Agents?

Yet another federal indictment of an IRS employee.  Is this the beginning of a series of criminal charges?

Fun & Games on

What the hell was the FBI thinking when it went kid friendly?

OshKosh! Omigosh!! Carter's In Historic SEC Non-Prosecution Agreement

Children's clothing manufacturer caught in web of accounting fraud and insider trading by its former executive. See how the public company navigates through the dangerous waters.

A Tale of Two IRS Bribes

You got your IRS Agent who asks for and gets a bribe. You got your taxpayer who offers and pays a bribe. You got a helluva a lot of trouble -- but are the sentences consistent?

Happy Holidays: New Wave of Insider Trading Arrests

It starts with a comprehensive discussion of the recent insider trading arrests. It ends with a bitter, cynical observation. You may not like Bill Singer's conclusion but it's hard to disagree with him.

Government Malfeasance and Nonfeasance on Wall Street

Bill goes off on a rant -- or is it a diatribe? He's all in a lather about why no government officer or agency ever seems to get named as a defendant when the government itself starts pointing fingers at the private sector. For starters, he goes off on the Department of Justice's recent civil case involving the Gulf oil spill.  This one you gotta read.

A Bush In the Hand Is Worth What?

These days, everyone is suing everyone about everything. Of course, since Bill is a lawyer, he's not exactly upset about that. Can you spell R-E-T-A-I-N-E-R?  However, just for a change of pace, read about two public customers who get bounced in FINRA arbitrations for raising odd claims.

Former Morgan Stanley Broker Pleads Guilty To Defrauding Juvenile Victims of Medical Malpractice

In a word: Disgusting.  Don't read this one on a full stomach.

SEC Starts Proceedings Against Alleged Canada / US E-Mini Ponzi Schemer

Oy Canada!

Former Goldman Sachs Programmer Convicted for Trading Code Theft

On the one hand, you could take the big bucks and work nights and weekends to write your own code from scratch. On the other hand, there's always that COPY and PASTE alternative.


  • Yet another expert consultant named in federal criminal inside info case

  • Did you hear about the hedge fund that dissolved in Malta?

  • Morgan Stanley's Nervous 401k Client

  • UBS Banker Poteroba Pleads Guilty

  • Compassion, Sacrifice and Endurance -- a holiday message from Bill Singer

  • Bill Singer's Monthly FINRA Cases Now Analyzed and Online at

  • Compassion, Sacrifice and Endurance -- a holiday message from Bill Singer

  • OshKosh! SECGosh!! Carter's and Kohl's Relationship Falls Under Scrutiny

  • It Was The Best of Bribes, It Was the Worst of Bribes: A Tale of Two IRS Bribes

  • Forbes Street Sweeper: Here's What You've Been Missing

  • Wachovia Whacks Former Broker in Promissory Note Case

  • FINRA Arbitrations: The Audacity of Hope?

  • Wells Fargo Gets Stuffed at the Goal Line by Former Employee in Promissory Note Arbitration

  • Goldman Sachs Programmer Guilty. Lawyer Sues SEC. Insider Trading Cases Analyzed

  • Federal Jury Finds Former Goldman Sachs Programmer Aleynikov Guilty. Faces 15 Years in Prison.

  • Lawyer Steven Altman Sues SEC To Enjoin Its Permanent Bar on His Appearance/Practice Before SEC

  • In Depth Analysis by Bill Singer of SEC's Insider Trading Case Involving SQNM and EXAS shares/options

  • Law Firm Employee Named In SEC Insider-Trading Case

  • Why Bother to Include the Term "Bid Rigging" in a Department of Justice Headline?

  • A Not-so Opulent Hedge Fund

  • Operation Broken Trust -- or should that be Broken Truss?

  • UBS Loses Lehman Structured Notes Arbitration.

  • The Week in Review: Bizarre "Let It Be" Video, "Street Sweeper" and BrokeAndBroker Blog

  • Online Hijacking Defendants Agree to Pay $1.33 Million to Settle SEC Market Manipulation Case

  • Bill Singer's Street Legal Column (Registered Rep Magazine) and Street Sweeper Column (Forbes) Now Online

  • A Snarky Commentary From Bill Singer About an SEC Ponzi Case and the Politics of Regulation

  • Former J.P. Morgan Employee Pleads Guilty for Role in Muni Bonds Bid-rigging and Fraud

  • A Not-so Mini E-Mini Commodities Fraud Results in Charges and Arrest