New Hire Roundup: CFTC Names Goelman Enforcement Chief
Grace Vogel joined PwC’s financial services regulatory practice, and the Hedge Fund Association named three women to leadership positions.
SEC Enforcement: Advisor Barred for Hiding Astrology-Based Investment Strategy
Meanwhile, the SEC charged a California-based securities salesman for selling millions of dollars in oil-and-gas investments without being registered.
Sallie Mae Fined $96 Million for Bilking Military on Student Loans
Sallie Mae charged too-high interest rates and denied rate reductions to servicemembers in combat zones over missing paperwork, CFPB says.
SEC, FINRA, CFPB Enforcement: BofA Busted for Illegal Credit Card Practices
In other actions, Hewlett-Packard will have to pay $108 million to settle SEC and DOJ charges of FCPA violations.
IRS’ Top 12 Tax Scams: 2014’s Dirty Dozen
The spring tax season is a lucrative one for scam artists who prey on both unwary victims and complicit tax evaders.
New Hire Roundup: Cetera Names New CIO
Meanwhile, Dynasty Financial Partners welcomed Ron Sallet, Morrison & Foerster added Charles Duross, and Fusion Family Wealth added Fred Gold.
SEC, FINRA Enforcement: Alcoa Fined $384M for Bribery
Meanwhile, Barclays felt FINRA's wrath, and J.P. Morgan Securities racked up two FINRA fines.
New Hire Roundup: Altegris Names Jack Rivkin CIO
Meanwhile, Convergent welcomed Richard Wells and the Senate Finance Committee approved three nominees for federal positions.
Why Buyers Should Be Wary of Bitcoin Mania
There's a lot more to investing in the so-called "virtual currency" than potential investors may know about.
SEC Enforcement: ‘Trader’ Bilks Elderly Investors to Pay Mortgage
Other recent targets of SEC actions were an oil services company fined for bribing foreign officials and a penny-stock financier.