Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

January 29, 2022

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6263/securities-industry-commentator/

FINRA Fines and Suspends Barclays Analyst For Undisclosed Employment Offer (BrokeAndBroker.com Blog)

SEC Obtains Final Judgment Against Defendants in Stock Research Scheme (SEC Release)

U.S. Attorney Announces Extradition Of Australian Tech Entrepreneur In Multimillion-Dollar Text-Messaging Consumer Fraud Scheme / Indictment Alleges Scheme to Fraudulently Charge Hundreds of Thousands of Mobile Phone Customers for Text-Messaging Services Without Their Knowledge or Consent (DOJ Release)

Remediation Helps Tech Company Avoid Penalties / SEC's fraud case against Silicon Valley-based HeadSpin, Inc.'s former CEO is ongoing (SEC Release)

2Cir Reverses LIBOR Judgments for Insufficient Evidence

United States of America, Appellee-Cross-Appellant, v. Matthew Connolly and Gavin Campbell Black, Defendants-Appellants-Cross-Appellees (United States Court of Appeals for the Second Circuit, 19-CR-3806 / January 27, 2022)

CFTC Charges Five Entities and Five Individuals with $58 Million Foreign Currency Fraud and Misappropriation Scheme (CFTC Release)

New York Stock Promoter Sentenced to Prison for "Pump and Dump" Securities Fraud Scheme (DOJ Release)

SEC Reopens Comment Period for Pay Versus Performance (SEC Release)

Measuring Pay Against Performance: Are Shareholders Getting Their Money's Worth? by SEC Commissioner Allison Herren Lee

Statement on the Reopening of Pay vs. Performance by SEC Commissioner Caroline A. Crenshaw

Dissenting Statement on Reopening of Comment Period for Pay Versus Performance by SEC Commissioner Hester M. Peirce

CFTC Orders Two Florida Men to Pay $280,000 for Registration and Reporting Violations (CFTC Release)

JP Morgan Securities' Regional Director's Affidavit Fails to Carry Day in TRO for Impermissible Solicitation (BrokeAndBroker.com Blog)

FINRA Fines and Suspends Rep Over Undisclosed Elderly Widow's Will Bequest

(BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6262/securities-industry-commentator/

JP Morgan Securities' Regional Director's Affidavit Fails to Carry Day in TRO for Impermissible Solicitation (BrokeAndBroker.com Blog)

BREAKING NEWS: 2Cir Reverses LIBOR Judgments for Insufficient Evidence

SEC Obtains Final Judgment Against Canadian Man Charged with Conducting Fraudulent Trading Scheme (SEC Release)

SEC Settles Case Against Gary Pryor and Two Arizona-Based Financial Technology Companies (SEC Release)

SEC Charges Tennessee Resident with Fraudulent Misuse of Investor Funds (SEC Release)

Ex-UBS broker spent a family's millions on his lovers: SEC (Financial Planning by Tobias Salinger)

SEC Proposes Amendments to Include Significant Treasury Markets Platforms Within Regulation ATS / Proposal Would Enhance Investor Protections and Cybersecurity for Alternative Trading Systems That Trade Treasuries and Other Government Securities (SEC Release)

Statement on Amendments to Exchange Act Rule 3b-16, Regulation ATS, and Regulation SCI by SEC Commissioner Caroline A. Crenshaw

Dissenting Statement on the Proposal to Amend Regulation ATS by SEC Commissioner Hester M. Peirce

SEC Proposes Amendments to Enhance Private Fund Reporting (SEC Release)

Statement on Proposed Amendments to Form PF by SEC Commissioner Allison Herren Lee

Statement on Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisers and Large Liquidity Fund Advisers by SEC Commissioner Caroline A. Crenshaw

Statement on Proposed Amendments to Form PF to Require Current Reporting and Amend Reporting Requirements for Large Private Equity Advisers and Large Liquidity Fund Advisers by SEC Commissioner Hester M. Peirce

In the Matter of Heidi Mao: SEC Obtains Final Judgment Against Promoter Charged with Fraudulent Conduct (SEC Release)

FINRA Censures and Fines Associated Person for Using Study Materials During SIE Exam

In the Matter of Riley Smith, Respondent (FINRA AWC)

FINRA Censures and Fines BLV Securities for AML Issues

In the Matter of BLV Securities, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep Over Undisclosed Elderly Widow's Will Bequest

(BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6261/securities-industry-commentator/

JP Morgan Securities' Regional Director's Affidavit Fails to Carry Day in TRO for Impermissible Solicitation (BrokeAndBroker.com Blog)

Texan admits to smuggling people in coffin (DOJ Release)

SEC Proposes Amendments to Enhance Private Fund Reporting (SEC Release)

Statement on Proposed Amendments to Form PF by SEC Commissioner Allison Herren Lee

Former UBS Financial Advisor Charged with Defrauding over $5 Million Dollars from His UBS Clients (DOJ Release)

Former Financial Advisor Charged with Stealing $5.8 Million from Client (SEC Release)

Texas Man Sentenced for Investment Fraud Scheme (DOJ Release)

Arizona Man Pleads Guilty to Role in Investment Fraud Scheme (DOJ Release)

In the Matter of Heidi Mao: SEC Obtains Final Judgment Against Promoter Charged with Fraudulent Conduct (SEC Release)

SEC Wins Summary Judgment Against Unregistered Penny Stock Dealer (SEC Release)

SEC Obtains Final Judgment Against Detroit Area Businessperson Who Fraudulently Used Investors Funds to Play Michigan State Lottery (SEC Release)

FINRA Censures and Fines BLV Securities for AML Issues

In the Matter of BLV Securities, Respondent (FINRA AWC)

FINRA Bars Rep Over Promissory Notes with Customers

In the Matter of Joshua D. Nicholas, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep over Unsuitable Trading and Discretion

In the Matter of Joseph LaScala, Jr. Respondent (FINRA AWC)

Deep Learning: The Future of the Market Manipulation Surveillance Program (FINRA UnScripted)

FINRA Fines and Suspends Rep Over Undisclosed Elderly Widow's Will Bequest

(BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6260/securities-industry-commentator/

FINRA Fines and Suspends Rep Over Undisclosed Elderly Widow's Will Bequest

(BrokeAndBroker.com Blog)

Former UBS Financial Advisor Charged with Defrauding over $5 Million Dollars from His UBS Clients (DOJ Release)

Former Financial Advisor Charged with Stealing $5.8 Million from Client (SEC Release)

Texas Man Sentenced for Investment Fraud Scheme (DOJ Release)

Arizona Man Pleads Guilty to Role in Investment Fraud Scheme (DOJ Release)

Las Vegas Woman Sentenced To Prison For $10 Million Tech Support Fraud Scheme That Exploited Elderly Victims / Technical Support Scheme Deceived More Than 7,500 Victims Across the United States and Canada, Many of Whom Are Elderly, into Paying for Phony Computer Repair Services (DOJ Release)

United Development Funding Executives Convicted of Fraud (DOJ Release)

SEC Wins Summary Judgment Against Unregistered Penny Stock Dealer (SEC Release)

SEC Obtains Final Judgment Against Detroit Area Businessperson Who Fraudulently Used Investors Funds to Play Michigan State Lottery (SEC Release)

SEC Obtains Final Judgment Against Binary Options Affiliate Marketer and Family Members Sharing in His Ill-Gotten Gains (SEC Release)

SEC Remands Failure-to-Answer Rule 8210 Bar Back to FINRA

In the Matter of the Application of Bradley C. Reifler For Review of Disciplinary Action Taken by FINRA (SEC Opinion)

FINRA Bars Rep Over Promissory Notes with Customers

In the Matter of Joshua D. Nicholas, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep over Unsuitable Trading and Discretion

In the Matter of Joseph LaScala, Jr. Respondent (FINRA AWC)

Cybersecurity and Securities Laws by SEC Chair Gary Gensler (Speech at Northwestern Pritzker School of Law's Annual Securities Regulation Institute)

Deep Learning: The Future of the Market Manipulation Surveillance Program (FINRA UnScripted)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6259/securities-industry-commentator/

FINRA Fines and Suspends Rep Over Undisclosed Elderly Widow's Will Bequest

(BrokeAndBroker.com Blog)

United Development Funding Executives Convicted of Fraud (DOJ Release)

SEC Obtains Final Judgment Against Binary Options Affiliate Marketer and Family Members Sharing in His Ill-Gotten Gains (SEC Release)

SEC Remands Failure-to-Answer Rule 8210 Bar Back to FINRA

In the Matter of the Application of Bradley C. Reifler For Review of Disciplinary Action Taken by FINRA (SEC Opinion)

Cybersecurity and Securities Laws by SEC Chair Gary Gensler (Speech at Northwestern Pritzker School of Law's Annual Securities Regulation Institute)

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