The U.S. Securities and Exchange Commission settled a case it brought relating to a $110 million “Ponzi-like” scheme.
Tagged with "SEC"
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SEC Drops Fraud Case After $63 Million Repaid to Investors
Posted on September 17th, 2020 at 3:21 PM
New Jersey Man Charged by SEC in Familiar Trading Fraud
Posted on September 11th, 2020 at 2:02 PM
The U.S. Securities and Exchange Commission (“SEC”) has charged RRBB Asset Management, LLC, (“RRBB”) and its president, Carl Schwartz, with fraud. RRBB is based in Maplewood, New Jersey.
Man Charged by SEC for Scam Related to Cannabis Company
Posted on September 10th, 2020 at 2:36 PM
The U.S. Securities and Exchange Commission (“SEC”) has charged Geoffrey Thompson with violations related to the sale of securities in Covalent Collective, a cannabis company founded by Thompson.
SEC Charges Adviser with Fraud
Posted on September 9th, 2020 at 11:32 AM
The U.S. Securities and Exchange Commission (“SEC”) charged Sperry and Sons Capital Investments, LLC, and its principal, Kirk Sperry, with defrauding investors relating to a real estate investment project.
Adviser Charged with Fraud by the SEC
Posted on September 4th, 2020 at 11:03 AM
Steven Fitzgerald Brown, the CEO, president and sole owner of Alpha Trade Analytics, Inc., has been charged with fraud by the U.S. Securities and Exchange Commission (“SEC”).
Advisor Agrees to Settle SEC Allegations Involving ETFs
Posted on September 3rd, 2020 at 10:08 AM
Dominic A. Tropiano has agreed to settle allegations from the U.S. Securities and Exchange Commission (“SEC”) that he lost customers more than $1 million investing in risky and complex products.
SEC Files Emergency Action Against Clason
Posted on September 2nd, 2020 at 3:05 PM
The U.S. Securities and Exchange Commission (“SEC”) filed an emergency action against Matthew O. Clason, a former advisor with LPL Financial in Cheshire, Connecticut. According to the SEC, Clason stole more than $300,000 from a 73-year-old client.
Relationships Covered by the CFP Board Code and the SEC’s Reg B-I
Posted on September 1st, 2020 at 3:00 PM
This is the seventh of several posts discussing the similarities and differences of the SEC’s recently-implemented Regulation Best Interest (“Reg. B-I”) and the CFP Board’s Code of Ethics and Standards of Conduct. In this post, we will look at which relationships are covered by the CFP Board Code and Reg. B-I.
SEC Files Emergency Action Against Coral Gables Asset Management
Posted on August 28th, 2020 at 12:50 PM
The U.S. Securities and Exchange Commission (“SEC”) filed an emergency action against Coral Gables Asset Management and its owner, David C. Coggins (collectively, the “Defendants”), relating to an alleged fraudulent offering.
SEC Amends Definition of Accredited Investor
Posted on August 27th, 2020 at 2:20 PM
The U.S. Securities and Exchange Commission (“SEC”) announced that it has amended the definition of “accredited investor.”
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