The Securities and Exchange Commission (SEC) charged three individuals and their entities with running a scheme that raised over $1.7 billion from securities issued by a New York based management firm and GPB Capital.
Tagged with "SEC"
Insurance Agent Continues to Sell Despite Lengthy Disciplinary History
Posted on January 20th, 2021 at 4:23 PM
Ronald D. Morley has a long history of securities misconduct. He was barred from selling securities in 2006 by Maryland state regulators.
SEC Files Charges Against Jacob Glick
Posted on January 19th, 2021 at 4:08 PM
The U.S. Securities and Exchange Commission (“SEC”) announced that it had filed charges against former Advanced Practice Advisor, LLC (“APA”) advisor Jacob C. Glick of Scottsdale, Arizona
SEC Files Suit Against Advanced Practice Advisors and CEO Paul Spitzer
Posted on January 15th, 2021 at 10:35 AM
The U.S. Securities and Exchange Commission (“SEC”) has filed a lawsuit against Advanced Practice Advisors, LLC (“APA”), a former SEC-registered investment adviser, and the firm’s CEO, Paul C. Spitzer.
SEC Files Suit Against Eric Malley and MG Capital Management
Posted on January 12th, 2021 at 9:27 AM
The U.S. Securities and Exchange Commission (“SEC”) has filed a lawsuit against Eric C. Malley, and his company MG Capital Management L.P.
SEC Files Suit Against DeAndre Sears for Role in EquiAlt Ponzi Scheme
Posted on January 7th, 2021 at 3:29 PM
The U.S. Securities and Exchange Commission (“SEC”) has filed a lawsuit against DeAndre P. Sears and his company MASears LLC, also known as Picasso Group
Voya Hit with $22.9 Million Fine by SEC
Posted on January 6th, 2021 at 3:45 PM
Voya Financial Advisors has agreed to pay $22.9 million to settle charges brought by the U.S. Securities and Exchange Commission (“SEC”) alleging failures to disclose conflicts of interest and making misleading statements to clients.
SEC Issues Investor Alert for Covid-19-Related Scams
Posted on December 15th, 2020 at 10:49 AM
In an Investor Alert email sent out on December 14, the U.S. Securities and Exchange Commission (“SEC”) warned of an increase in investment scams related to COVID-19.
BlueCrest Capital Management Agrees to Pay $170 Million to the SEC
Posted on December 9th, 2020 at 4:19 PM
BlueCrest Capital Management has agreed to pay $170 million to settle allegations from the U.S. Securities and Exchange Commission (“SEC”) that the firm misled investors.
SEC files Charges Against Former Wells Fargo Executives
Posted on December 1st, 2020 at 4:03 PM
The U.S. Securities and Exchange Commission (“SEC”) announced that it had filed charges against John G. Stumpf, Wells Fargo’s Former CEO and Chairman, as well as Carrie L. Tolstedt, former head of Wells Fargo’s Community Bank.