SEC, DOL, FINRA Enforcement: SAC Capital Could Plead Guilty
Among other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.
SEC Enforcement: Advisor Should’ve Just Said No; Filmmaker’s Funding Efforts Flop
An end-times video game company and former Qualcomm executive are among others in the SEC's sights this week.
Research Affiliates, WisdomTree Settle Dispute
Research Affiliates and WisdomTree Investments said they recently reached a settlement regarding patent infringements and that Research Affiliates will pay WisdomTree $700,000 and withdraw its lawsuit.
Research Affiliates, WisdomTree Settle for $700,000
The ETF provider WisdomTree will receive the one-time payment, and the parties pledge not to sue each other for the next eight years over indexes and strategies.
DOL, SEC Enforcement Roundup: 401(k) Trustees Sentenced for Embezzlement
The DOL and the SEC took action recently on a number of cases that included embezzlement and breach of fiduciary duty, illegal tips on M&As, failure to protect confidential information and fraud.
SEC Enforcement Roundup: Radio Financial Guru Charged
Recent SEC enforcement actions include charges against a California man who tipped off a hedge fund manager with inside information and a radio personality who misled investors about an investing plan.
SEC, FINRA, DOL Enforcement Roundup: Investing Website Exposed as $600M Scam
A CEO who fed inside tips to a pro baseball player and an investment website running a $600 million Ponzi scheme were among those charged by the SEC recently.
Noncompliance Roundup: Stifel, Nicolaus; Citigroup; Janney
A roundup of recent charges, penalties and settlements--this week relating to fraud, insider trading and failure to supervise--from the SEC and FINRA.