Exam and Risk Monitoring Program: Responding to COVID-19 and Looking Ahead | FINRA Unscripted

Exam and Risk Monitoring Program: Responding to COVID-19 and Looking Ahead | FINRA Unscripted
Exam and Risk Monitoring Program: Responding to COVID-19 and Looking Ahead http://feeds.finra.org/~r/FINRACompliancePodcast/~3/esoaDA9bqq4/exam-and-risk-monitoring-program-responding-to-covid-19-and-looking-ahead-XxAdRdGI #
#seclaw
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Coast-to-coast representation of investors and financial professionals – Securities Lawyer

SEC Awards Approximately $2.5 Million to Whistleblower

The Securities and Exchange Commission today announced an award of approximately $2.5 million to a whistleblower whose information and ongoing assistance to the staff significantly contributed to the success of an SEC enforcement action. “The…

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Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

Tencent Investor Sale Teaches Diversification The Hard Way

Tencent Investor Sale Teaches Diversification The Hard Way Despite the strong PMI releases and the IMF raising China’s GDP target to 8.4%, rumors that the US may boycott the 2022 Beijing Olympics weighed on sentiment while the value/cyclical/reopening trade outperformed at the expense of the growth/work from home trade. #securitieslaw #seclaw https://www.forbes.com/sites/brendanahern/2021/04/07/tencent-investor-sale-teaches-diversification-the-hard-way/
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Coast-to-coast representation of investors and financial professionals – Securities Lawyer

SEC Obtains Emergency Asset Freeze, Charges Actor with Operating a $690 Million Ponzi Scheme

The Securities and Exchange Commission today announced that it obtained an asset freeze and other emergency relief in an emergency enforcement action against Los Angeles-based actor Zachary Horwitz and his company, 1inMM (one in a million) Capital, LLC…

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Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

Auditor Charged for Failure to Register with PCAOB and Multiple Audit Failures

The Securities and Exchange Commission today announced the institution of administrative proceedings against a Texas-based CPA for allegedly failing to register his firm with the Public Company Accounting Oversight Board (PCAOB) and alleged wholesale…

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Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

SEC Issues Notice of Substituted Compliance Application and Proposed Substituted Compliance Order for United Kingdom and Re-Opens Comment Period for Notice and Proposed Substituted Compliance Order for France

The Securities and Exchange Commission voted to take two actions to continue to advance implementation of security-based swap regulation under Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  The Commission is publishing…

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Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

Brooklyn Man Charged in Long-Running International Insider Trading Scheme

A 10-count indictment was filed in federal court in Brooklyn charging Jason Peltz with securities fraud, money laundering, and tax evasion, among other offenses, including related conspiracy offenses. The charged crimes arise out of a long-running insider trading scheme, in which Peltz executed securities transactions in the brokerage accounts of co-conspirators based on material nonpublic information (“MNPI”) from a variety of sources. Peltz was previously arrested on a complaint in December 2020 and will be arraigned on the indictment at a later date.

According to the US Attorney:

As alleged, Peltz used material nonpublic information about publicly traded companies to line his own pockets and then concealed his illegally earned income to avoid paying taxes…This Office will spare no effort to identify and prosecute defendants who seek to profit from insider trading schemes that harm the investing public and undermine the integrity of our financial markets.”

The FBI added: 

As alleged, today’s indictment details a very deliberate attempt by Peltz to illegally profit from receiving and providing advanced knowledge of nonpublic information about publicly traded companies. When one has access to material, nonpublic information, they’re afforded significant knowledge that could give them a competitive edge in stock and options trading. Exploiting this knowledge is illegal, and the FBI will continue to investigate and prosecute those who cheat the system in this way.

Details of the trading and the allegations are available in the government’s press release:
Sallah Astarita & Cox represents defendants accused of insider trading across the country. To speak to one of their experienced securities lawyers call 212-509-6544.

What I Wish I Had Learned About Investing At Harvard Business School III: ESG Compensation Targets And Risk-Adjusted Returns

What I Wish I Had Learned About Investing At Harvard Business School III: ESG Compensation Targets And Risk-Adjusted Returns
What I Wish I Had Learned About Investing At Harvard Business School III: ESG Compensation Targets And Risk-Adjusted Returns This article, the third in a series on sustainability-related intangibles, highlights leading practices and development areas in corporate and investor executive compensation ESG targets. #securitiesattorney #securitieslawyer https://www.forbes.com/sites/bhaktimirchandani/2021/03/31/what-i-wish-i-had-learned-about-investing-at-harvard-business-school-iii-esg-compensation-targets-and-risk-adjusted-returns/
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Coast-to-coast representation of investors and financial professionals – Securities Lawyer

3 Simple Indicators To Make You A Better Investor

3 Simple Indicators To Make You A Better Investor
3 Simple Indicators To Make You A Better Investor You might think reading stock charts is some kind of exercise in reading the tea leaves. #seclaw #securitieslawyer #securitieslaw https://www.forbes.com/sites/katestalter/2021/03/31/3-simple-indicators-to-make-you-a-better-investor/
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Coast-to-coast representation of investors and financial professionals – Securities Lawyer