Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

April 4, 2020


Investors Remain Front of Mind at the SEC: Approach to Allocation of Resources, Oversight and Rulemaking; Implementation of Regulation Best Interest and Form CRS (SEC Release)

In the Matter of LendingClub Corporation (TSSB Consent Order)

Department of Justice and Department of Health and Human Services Partner to Distribute More Than Half a Million Medical Supplies Confiscated from Price Gougers (DOJ Release)

Whole Worker Sick-Out Was Half-Assed (BrokeAndBroker.com Blog)

Chanos says he is still ‘maximum short' Tesla even with drop in last month (CNBC by Michael Sheetz)

Giant Social-Distancing-Self-Isolation Cosmopolitan Anti-Covid19 Cocktail

There will be a re-calibration in New York after coronavirus, realty expert says / Scott Rechler, CEO and chairman of RXR Realty, joins "Squawk Box" to discuss how the real estate industry is being affect by the coronavirus outbreak (CNBC)

Food Prices Slump Most Since 2015 as Coronavirus Hits Demand (Bloomberg by Agnieszka de Sousa and Megan Durisin)

Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period (SEC Release)



[In]Securities Guest Blog: Breathless by Aegis Frumento Esq (BrokeAndBroker.com Blog)

Business in the Time of COVID-19: BCPs, Regulatory Relief & More (FINRA Unscripted)

SEC Obtains Judgment Against Promoter Who Fraudulently Raised $3 Million for Christian Concerts / Highlights Issue of Fraud in Faith-Based Communities (SEC Release)

FINRA Imposes Fine and Suspension for Misuse of Morgan Stanley AFG Account. In the Matter of Jacqueline Jacobsen, Respondent (FINRA AWC)

Self-Quarantine/Telecommuting Practice Pointer: Do NOT Take a Bathroom Break While ZOOMing

Edward Jones Trainees Class Action Moves Forward In Part
Wayne Bland, Danuta Durkiewicz, David Bowles, and Adam Reyes, individually and on behalf of all other similarly situated, Plaintiffs, v. Edward D. Jones & Co., L.P. and The Jones Financial Companies, L.L.L.P, Defendants (Opinion)

Merrill Lynch Wins Summary Judgment in Nigerian Discrimination Case
Delila Uwasomba, Plaintiff, v. Merrill Lynch, Pierce, Fenner & Smith, Inc., Defendant (Opinion)







The traditional retirement portfolio of stocks and bonds is down 20% for only the fourth time since WWII (CNBC by Michael Santoli)

A food crisis looms as coronavirus forces farms to stay idle and countries hoard supplies (CNBC by Huileng Tan)

Coronavirus hits already struggling US farmers: 'We've stopped saying it can't get worse' (CNBC.com by Emma Newburger)

Federal Courts Say FINRA Unexplained Arbitration Decision Are Okay (BrokeAndBroker.com Blog)

SEC Division of Trading and Markets' Response to COVID-19

District Court Orders Injunctions against Two Telecom Carriers Who Facilitated Hundreds of Millions of Fraudulent Robocalls to Consumers in the United States / First of Their Kind Injunctions Obtained by Justice Department (DOJ Release)

FINRA Imposes Fine and Principal Bar For Failure to Reasonably Supervise. In the Matter of Arive Capital Markets, LLC, Respondent (FINRA AWC)

The Louis Ottimo FINRA to SEC to FINRA Regulatory Saga

The Robert G. Nash FINRA to SEC to FINRA Regulatory Saga