SEC Enforcement: Kansas Charged With Securities Fraud
In another action, a brokerage firm and its founder were charged with violating net capital requirements and falsifying data in an attempt to mislead examiners.
SEC Enforcement: Court Stops Muni Bond Offer Seen as Fraudulent
In other actions, former brokers were charged with illegally trading on a tip about a $1.2 billion acquisition by IBM.
SEC, FINRA, DOL Enforcement: Iowa Advisor to Repay 68 Pension Plans
In other actions, FINRA censures and fines New York-based Banesto Securities Inc., now known as Santander International Securities Inc., $650,000 for custody failures.
SEC: Banker Made Insider Trades in Accounts of Ex-Wife, Father to Pay Child Support
The banker faces criminal charges and an account freeze. The SEC says he made nearly $1 million in illegal profits.
SEC, FINRA Enforcement: 2 JPMorgan Traders Charged With Fraud Over London Whale Losses
The SEC charged the traders for lying about massive derivatives losses and also charged several microcap companies and stock promoters in penny-stock schemes.
SEC Charges ‘Tipper’ in SAC Capital Insider Trading Case
At SAC Capital, even the “whistle-blower” finds himself in the legal cross-hairs.
DOL, SEC Enforcement: CEO Steals Detroit Police, Firefighter Pension Cash to Buy Strip Malls
The CEO of MayfieldGentry Realty Advisors in Detroit was charged along with four others for stealing $3.1 million from the pension fund; meanwhile, Whittier Trust was slammed for insider trading.
SEC Enforcement Roundup: Harrisburg, Pa., Charged With Securities Fraud
The city was charged with making misleading public statements. Meanwhile, the SEC charged four traders with bribing a Venezuelan official.
SEC, FINRA Enforcement Roundup: Hedge Fund Analyst, 2 Friends Charged With Insider Trading
Among other recent actions were sanctions and fines for HSBC and Scottrade.
SEC Charges Raj Rajaratnam’s Brother With Insider Trading
Rajarengan “Rengan” Rajaratnam was charged by the SEC Thursday for his role in the massive Galleon insider trading scheme.