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

February 11, 2023

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer https://www.rrbdlaw.com/6876/securities-industry-commentator/

Lira v. Edward Jones: An Ironic and Cynical Tale of Alleged Discrimination, Harassment, and Retaliation (BrokeAndBroker.com Blog)

FINRA Arbitrators Award Customer $144,000 Against Charles Schwab Amid Allegation of Flawed Investment Recommendations (BrokeAndBroker.com Blog)

FINRA Arbitrator Denies Indemnification Citing Firm's Failure to Supervise (BrokeAndBroker.com Blog)

Calling All Unreasonable Wall Street Professionals by Bill Singer Esq

‘Phishing-as-a-service’ kits are driving an uptick in theft: What you can learn from one business owner’s story (CNBC by Dawn Giel)

Criminals use Telegram to recruit ‘walkers’ as America’s big banks see an 84% increase in check fraud (CNBC By Eamon Javers and Paige Tortorelli)

Financial Advisor Sentenced To 42 Months In Prison On Fraud And False Statement Charges (DOJ Release)

Russian National Charged with Bank Fraud Related to Hacking Campaign (DOJ Release)

CEO Of Security Company Sentenced To Five Years In Prison For International Boiler Room Fraud Scheme (DOJ Release)

Former Coinbase Insider Pleads Guilty In First-Ever Cryptocurrency Insider Trading Case / Ishan Wahi Tipped His Associates Regarding Crypto Assets That Were Going To Be Listed On Coinbase Exchanges (DOJ Release)

2023 SEC EXAMINATION PRIORITIES / SEC Division of Examinations

Kraken to Discontinue Unregistered Offer and Sale of Crypto Asset Staking-As-A-Service Program and Pay $30 Million to Settle SEC Charges (SEC Release)

Kraken Down (Statement by SEC Commissioner Hester M. Peirce)

SEC Obtains Final Judgments Against Two Defendants in CodeSmart Fraud (SEC Release)

Former Convicted Felon to Pay $24 Million to Settle SEC Charges for Operating a Ponzi and Pyramid Scheme (SEC Release)

SEC Charges Las Vegas Resident in Crypto Fraud Targeting Filipino Community in California (SEC Release)

SEC Charges Pennsylvania Investment Adviser with Multi-Million Dollar Fraud (SEC Release)

It's Not Sewer Service But SEC Enforcement's Effort to Serve Ex-Inmate Deemed Falling Short
In the Matter of Charles K. Topping (SEC Order Denying Motion to Deem Service Complete)

CFTC RELEASES

FINRA RELEASES

FINRA Fines and Suspends Rep For Changed Rep Code
In the Matter of Robin Bailey Liebes, Respondent (FINRA AWC)

FINRA Censures and Fines For Untimely Private Placement Filings
In the Matter of Rosenblatt Securities Inc., Respondent (FINRA AWC)

FINRA Censures and Fines Sage Trader For AML Issues
In the Matter of SageTrader, LLC, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep For Improper Meal and Transportation Expenses
In the Matter of Jong Ik Lee, Respondent (FINRA AWC)

FINRA Censures and Fines BNA Wealth For Conducting Unregistered Muni Biz Without Muni Principal
In the Matter of BNA Wealth, Inc., Respondent (FINRA AWC)

A New Tool for Compliance: FINRA’s Machine-Readable Rulebook Initiative (FINRA Unscripted)

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