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

July 20, 2019

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4696/securities-industry-commentator/

United States of America, Appellee, v. Martin Shkreli, Defendant/Appellant and Evan Greebel, Defendant (Summary Order)

Men Plead Guilty in $1 Million Prime Bank Scheme (DOJ Release)

Milford Man Sentenced to 30 Months in Federal Prison for Defrauding Elderly Individiual [sic] (DOJ Release)

Individual Arrested for Defrauding Investors in Stock Trading Scheme / Complaint Filed in Brooklyn Federal Court Charges Defendant Garrett O'Rourke with Fraudulently Inflating the Price of a Penny Stock (DOJ Release)

SEC Obtains Asset Freeze in Microcap Pump and Dump Scheme Targeting Elderly Retail Investors (SEC Release)

Digital Assets / FINRA Encourages Firms to Notify FINRA if They Engage in Activities Related to Digital Assets (FINRA Regulatory Notice 19-24)

GUEST BLOG: What Can We Do To Increase Diversity? by Linde Murphy

(BrokeAndBroker.com)

Failures to Monitor Merrimac Sink Brokerage Firm. In the Matter of the Application for Merrimac Corporate Securities, Inc. and Robert G. Nash for Review of Disciplinary Action Taken by FINRA (SEC Opinion)

SEC Charges Atlanta Fund Adviser and Its Principal for Fraudulently Overvaluing Assets (SEC Release)

SEC Charges Two Oil and Gas Executives with Defrauding Retail Investors (SEC Release)

SEC Charges Portfolio Manager with Mispricing Fund Investments (SEC Release)

SEC ALJ Grants Extension to Exchange Expert Reports. In the Matter of Anton & Chia, LLP; Gregory A. Wahl, CPA; Michael Deutchman, CPA; Georgia Chung, CPA; and Tommy Shek, CPA (SEC Order)

SEC Charges Former Company Controller with Insider Trading (SEC Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4695/securities-industry-commentator/

SEC Charges Unregistered Broker Who Sold Retail Investors Securities in Fraudulent Scheme (SEC Release)

GUEST BLOG: Standing on the Moon by Aegis Frumento Esq (BrokeAndBroker.com Blog)

FINRA Announces Final Results of Mutual Fund Waiver Initiative / Total of 56 Settlements Reached with Member Firms Resulting in $89 Million in Restitution to Eligible Charitable and Retirement Accounts (FINRA Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4694/securities-industry-commentator/

Federal Court Says Put A Fork In It 'Cause This Lawsuit Against FINRA is Done! Scottsdale Capital Advisors Corporation, Plaintiff, v. Financial Industry Regulatory Authority, Defendant (Opinion, United States District Court for the District of Columbia ("DDC") / 18-CV-2973)

Day Trader Pleads Guilty to Computer Hacking and Securities Fraud Scheme Targeting Online Brokerage Accounts / The Affected Brokerage Firms Lost More Than $2 Million (DOJ Release)

Morgan Stanley Hit with $3 Million FINRA Discovery Sanction (BrokeAndBroker.com Blog)

Texas Man Sentenced for Insider Trading Scheme / Defendant Received Information From Former Investment Bank Analyst Tied to Case Against NFL Linebacker (DOJ Release)

Former REIT Manager and Executives to Settle SEC Charges for more than $60 Million (SEC Release)

Michigan Man Sentenced To 39 Months For Bank Fraud And Aggravated Identity Theft (DOJ Release)

FINRA Posts Guidances for Member Firms: Private Placement Filings and Public Offering Review

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4693/securities-industry-commentator/

Nomura to Pay Misled Bond Customers $25 Million to Settle SEC Charges (SEC Release)

FINRA Fines and Suspends Rep for Unauthorized Transfer of 270 Customers' Info (BrokeAndBroker.com Blog)

SEC Charges Conn's Inc. and Its Former COO for Improper Accounting Practices (SEC Release)

SEC Obtains Preliminary Injunction in Ongoing Litigation for Fraud Targeting Vietnamese-American Community (SEC Release)

SEC Charges Unregistered Broker Who Sold Retail Investors Securities in the Woodbridge and 1 Global Fraudulent Schemes (SEC Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4692/securities-industry-commentator/

Staff Statement on LIBOR Transition (Division of Corporation Finance, Division of Investment Management, Division of Trading and Markets, and Office of the Chief Accountant) .

SEC Charges Securities Lawyer and Microcap Agent with Fraud (SEC Release)

FINRA Takes Wells Fargo Stockbroker Outback to a Bar (BrokeAndBroker.com Blog)

Former Operator Of Bitcoin Investment Platform Sentenced For Securities Fraud And Obstruction Of Justice (DOJ Release)

Ex-Beverly Hills Stockbroker Convicted of Securities Fraud in $200 Million Portfolio-Pumping Stock Manipulation Scheme (DOJ Release)

Barry Honig and Three Other Defendants Settle with SEC in Market Manipulation Case (SEC Release)

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