Tag: regulatory
SEC Enforcement Attorney Sworn in as Newest Commissioner
Allison Herren Lee was sworn into office on July 8 as a commissioner of the Securities and Exchange Commission. She was nominated by President...
FINRA Bars Raymond James Compliance Associate for Doctoring Branch Audit Forms
The Financial Industry Regulatory Authority has barred a former Raymond James & Associates Inc. compliance associate for allegedly falsifying firm branch audit data to...
SEC Bars Ponzi Scheme Operator Sentenced to 13 Years in Prison
The U.S. District Court for the Eastern District of Virginia has entered a final judgment against a Virginia investment adviser firm and its owner...
Massachusetts Securities Division Launches Sweep of Marijuana-Related Offerings
The Massachusetts Securities Division plans will begin a sweep of the growing number of Massachusetts-based business entities that are raising money from marijuana-related investments.
The...
FINRA Bars Former Cetera Advisors Rep
Financial Industry Regulatory Authority has barred former Cetera Advisors representative George C. Merhoff Jr. for failing to provide documents and information to the regulators...
SEC Seeks Comments Regarding Potential Expansion of Private Placements
The Securities and Exchange Commission has requested public comment on ways to simplify and improve private securities offerings in order to expand investment opportunities...
Massachusetts Regulators Charge Company in $10 Million Ponzi Scheme That Targeted...
The Massachusetts Securities Division has charged a Rhode Island man with operating a Ponzi scheme which defrauded more than 40 investors out of more...
FINRA Bars Former LPL Rep
Financial Industry Regulatory Authority has barred former LPL Financial representative Jason Nelson for refusing to provide testimony to regulators in connection with his termination...
Massachusetts Regulators Halt Million Dollar Real Estate Investment Scheme
The Massachusetts Securities Division has charged an Illinois man for selling unregistered securities to Massachusetts investors totaling nearly $1 million for various real estate...
Texas State Securities Board Sanctions Two Advisers for Selling Unsuitable Investments
The Texas State Securities Board has sanctioned two Dallas-area investment adviser representatives for selling unsuitable investments to clients.
The regulators said that Mark A. Trewitt...
