Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

April 20, 2019

EB-5 Activity by Immigration Attorneys Lead to Industry Bars. In the Matter of Hui Feng and Law Offices of Feng & Associates, P.C. (SEC Initial Decision)

UniCredit Bank AG Agrees to Plead Guilty for Illegally Processing Transactions in Violation of Iranian Sanctions / UniCredit Group Banks agree to Pay Over $1.3 Billion for Violating Sanctions (DOJ Release)

Sonny Corleone At the Toll Booth: A Study of a FINRA Email Review Settlement ( Blog)

Credit Suisse Prevails in Promissory Note Dispute. In the Matter of the Arbitration Between Neal David Carlson, Claimant, v. Credit Suisse Securities (USA) LLC, Respondent (FINRA Arbitration Decision)

FINRA Arbitration Involves Allegation of Exploitation of Elderly Person. In the Matter of the Arbitration Between Kenneth R. Lieblein, individually and as Trustee of the Kenneth R. Lieblein Revocable Trust U/A/D 10/17/14, and Robin Lieblein, individually, Claimants, v. Herbert J. Sims & Co., Inc. and Larry C. Wolfe , Respondents (FINRA Arbitration Decision)

Morgan Stanley Supervisor Goofs But Stockbroker Pays the Price ( Blog)

Fraudster and Identity Thief Who Used the Personal and Account Information of AT&T Customers to Purchase Apple iPhones Sentenced to Four Years in Federal Prison / Co-Defendant Pleads Guilty to the Scheme a Few Days Before Trial (DOJ Release)

SEC Obtains Final Judgments Against Parties Charged in Ticket Resale Investment Scams (SEC Release)

SEC Charges Dubai-Based Advisory Firm and Its Founder (SEC Release)

Owner of Woodbridge Group and Two Former Directors Charged with $1.3 Billion Investment Fraud (Ponzi) Scheme Involving 10k Victims (DOJ Release)

SEC Charges Former Woodbridge Directors of Investment with Fraud (SEC Release)

Response of the SEC Division of Corporation Finance Re: The Money Management Institute (SEC No-Action Letter)

FINRA Bars Rep Over Trust Allegations. FINRA Department of Enforcement, Complainant, vs John W. Cutshall, Respondent (FINRA Settlement Order)