Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW - BrokeAndBroker.com

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Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

April 20, 2019

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4540/securities-industry-commentator/

Second Foreign National Sentenced To More Than Eight Years For Role In International Call Center Scam (DOJ Release)

SEC Obtains Preliminary Injunction Against Fraudulent Investment Adviser Who Targeted Members of the Israeli-American Community (SEC Release)

SEC Charges Southern California Engineer with Insider Trading (SEC Release)

Musta Been Somethin' (BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4539/securities-industry-commentator/

SEC Says Proprietary Algorithm Wasn't As Promised. In the Matter of Matthew R. Rossi and SJL Capital, LLC, Respondents (SEC Order)

Operator of Global Cybercrime Marketplace Sentenced to 90 Months' Imprisonment / Defendant's "Codeshop" Website Sold Troves of Stolen Credit Card Data and Bank Account Logins on the Black Market (DOJ Release)

GUEST Blog: The Strangled Cries of Lawyers in Love by Aegis Frumento (BrokeAndBroker.com Blog)

New York Woman Sentenced To 27 Months In Prison For Investment Fraud Scheme (DOJ Release)

Former Business Manager Of Assisted Living Facility Admits Stealing Almost A Quarter Million Dollars From Elderly Victim (DOJ Release)

Federal Jury in Chicago Convicts Southern California Man of Participating in Insider Trading Conspiracy (DOJ Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4538/securities-industry-commentator/

Man Sentenced to 58 Months for Darknet Credit Card Scheme (DOJ Release)

Four Extradited from Peru for Operating Spanish-Speaking Call Centers that Extorted U.S. Consumers (DOJ Release)

UBS Wins EFL Arbitration On Wall Street With No Name (BrokeAndBroker.com Blog)

4th Circuit Says Time Ran Out On Claims by Alleged Victims of Annuity Salesperson Who Committed Suicide. Alfred L. Snapp, Jr., Betty V. Snapp, and Sharon K. Snapp, Plaintiffs/Appellants, v. Lincoln Financial Securities Corporation, Riversource Distributors, Inc., and Riversource Life Insurance Company (Opinion, United States Court of Appeals for the Fourth Circuit)

SEC and FINRA to Hold National Compliance Outreach Program for Broker-Dealers on June 27, 2019 (SEC Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4537/securities-industry-commentator/

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 (BrokeAndBroker.com 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)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4536/securities-industry-commentator/

Morgan Stanley Supervisor Goofs But Stockbroker Pays the Price (BrokeAndBroker.com 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)

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