As the New Year approaches, this post will highlight some of the most significant securities law decisions of 2018.
If you find yourself in trouble with the regulators, call Eccleston Law, you won't regret it.
As the New Year approaches, this post will highlight some of the most significant securities law decisions of 2018.
Adamson Wright allegedly mismarked 249 order tickets by marking "unsolicited" when the trades actually were solicited. The solicited trades were uncovered option trades which are prohibited by Ameriprise Financial. By marking order tickets “unsolicited” he was able to bypass the restriction. The wrong doing occurred between May, 2010 and February, 2011.
The Financial Industry Regulatory Authority (FINRA) has levied a $15,000 fine and a 21-month suspension against a former advisor, Jeffrey W. Davidson, based in Austin, Texas. Davidson engaged in fundraising activities that raised over $10 million for a fitness company owned by him and his wife.
A 46-year industry veteran from Braintree, Massachusetts, Timothy W. Leveroni, has settled a disciplinary matter by the Financial Industry Regulatory Authority (FINRA) for falsifying signatures, per a settlement agreement known as an Acceptance Waiver and Consent (“AWC”).
The Securities and Exchange Commission (SEC) has filed fraud charges against Jesus Rodriguez, accusing him of misappropriating nearly $3.5 million from at least 10 brokerage account holders and advisory clients.