Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

December 19, 2020

SEC Charges Robinhood Financial With Misleading Customers About Revenue Sources and Failing to Satisfy Duty of Best Execution (SEC Release)

Former Nomura RMBS Trader Who Defrauded Customers is Sentenced (DOJ Release)

Federal Court Says Former Morgan Stanley Advisor's Discrimination Claims Are Time Barred ( Blog)

North Dakota Federal Court Lacks Jurisdiction Over Alexandra Lebenthal
Connie E. Lee Living Trust, et. al., Plaintiffs, v. James B. Lebenthal, Alexandra Lebenthal, and DOES 1 to 10 inclusive, Defendants (DND Order)

FINRA NAC Sustains Bar for Unauthorized Credit Card Use
In the Matter of FINRA Department of Enforcement, Complainant, vs. Robbi J. Jones and Kipling Jones & Company., Ltd. Respondents (NAC Decision)

FINRA Fines and Suspends Rep for Accepted Instructions from Customer's Mother
In the Matter of John D. Craft, Respondent (FINRA AWC)