Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

November 17, 2018

GUEST BLOG: Pragmatic Federalism In a Blockchained World by Aegis Frumento Esq ( Blog)

Former State Street Executive Sentenced for Scheme to Defraud Clients Through Secret Trading Commissions (DOJ Release)

Rare Dismissal by FINRA Arbitration Panel of Customer Complaint Prior to Conclusion of Case in Chief 
In the Matter of the FINRA Arbitration Between John and Jane Fuchs, Claimants, vs. G.F. Investment Services, LLC, Madison Avenue Securities, LLC, Andrew M. Costa, and Christopher Grant Conness, Respondents (FINRA Arbitration18-01756, November 13, 2018). 

Defendant in SEC Enforcement Action Pleads Guilty to Investment Adviser Fraud and Lying to the SEC (SEC Release)

Yeah, I know, the holiday season is upon us and some of you are hoping for year-end promotions, salary increases, and bonuses. Some of you will get 'em. Some of you won't. This article is dedicated to those of you who will find coal in your holiday business stockings and start to plan all sorts of devious ways to get back at your employer. 
Former IT Administrator Found Guilty of Federal Charges for Hacking into Computers of His Former Employer in Irvine (DOJ Release)

North Texas Developer Indicted for Alleged $17 Million Real Estate Fraud (TSSB Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer

SEC Settles Insider Trading Claims Against Former Chairman and CEO of Advanced Medical Optics (SEC Release)

Legend-ary FINRA Public Customer Arbitration ( Blog)

Double Jeopardy Clause After Kokesh in SEC Civil Disgorgement: USA, Plaintiff/Appellee, v. Douglas A. Dyer and James H. Brennan III, Defendants/Appellants (Opinion, United States Court of Appeals for the Sixth Circuit, 17-6174 and 17-6177  / November 13, 2018)

Oisin's Bits: LPL hacked through Capital Forensics' breach, leaks personal info, account numbers (

Trader Sentenced to 15 Months in Federal Prison for Misappropriating $1.1 Million in Cryptocurrencies (DOJ Release)

FINRA Settles Business Expense Case
In the Matter of John J. Baldeck, Respondent  (AWC 2016050321501, November 12, 2018).

Nigerian National Indicted for Internet Fraud Scheme (DOJ Release)