Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

December 28, 2019
We are now able to merge serious investing with all the passion of the office Fantasy Football League. You form your own Fantasy Football League and Perth Tolle, the founder of the Life + Liberty Indexes, forms her own Index. You do your homework on which players you want to draft, and Tolle applies her research to which countries will be included in her Index/ETF. You pick your players in a draft and Tolle competes in the marketplace with other ETFs. Each week your fantasy team rises or falls in the standings, and each day Tolle's ETF rises or falls in price. As needed, you add players; and, as needed, Tolle will adjust her holdings. Football seasons and the stock markets are filled with disappointment. The seemingly unbeatable can't win. On the other hand, the underdog and the under-appreciated often have their day.

FINRA Sanctions Stockbrokering Paper Pushing Lawyer ( Blog)

FINRA Sanctions Five Firms for Failing to Reasonably Supervise Custodial Accounts / Firms Did Not Know Essential Facts About Customers With Custodial Accounts Established Pursuant to the Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA) (FINRA Release)

SEC Obtains Final Judgments in Pay-To-Play Scheme (SEC Release)

Expungement Recommended in Stop Loss Complaint involving Netflix Stock. In the Matter of the Arbitration Between Brian W. Armstrong, Claimant, v. First Financial Equity Corporation and Securities America, Inc., Respondents (FINRA Arbitration Decision)

$1.55 Million Award Ordered In FINRA Customer Complaint Arbitration. In the Matter of the Arbitration Between Michele Schultz, individually and as Trustee of the Michele C. Schultz Family Living Trust, Claimant, v. Jerry Lou Guttman and United Planners Financial Services of America, a Limited Partnership, Respondents (FINRA Arbitration Decision)

[In]Securities Guest Blog: And So This Is Christmas by Aegis Frumento Esq ( Blog)

Former CEO And Former Employee Of Broker-Dealer Charged With Falsifying Books And Records, Submitting False Reports To The Securities And Exchange Commission, And Making False Statements To SEC Staff (DOJ Release)

SEC Cites "Filter Team" In Denying Whistleblower Claim. In the Matter of the Claim for Award in connection with Redacted Redacted  Notice of Covered Action Redacted (Order Determining Whistleblower Award Claim)

Three Bay County Men Sentenced For Operating Sweepstakes Scam Targeting Elderly Victims (DOJ Release)

FINRA, Cboe, Nasdaq, NYSE and Affiliated Exchanges Fine Credit Suisse Securities $6.5 Million for Supervision and Market Access Rule Violations (FINRA Release)

SEC ALJ Discusses Inability-to-Pay Standards. In the Matter of Retirement Surety LLC, Crescendo Financial LLC, Thomas Rose, David Leeman, and David Featherstone (SEC ALJ Initial Decision;

Court Sentences Alleged Fraudster to Nine Years in Prison in Parallel Criminal Case (SEC Release)