The Wall Street Legal & Regulatory Feed
Securities Industry Commentator by Bill Singer Esq
December 26, 2017
Court Holds Registered Investment Adviser and Its Principal in Contempt for Failing to Comply with a Court Order Enforcing an SEC Investigative Subpoena (SEC Litigation Release 24021)
https://www.sec.gov/litigation/litreleases/2017/lr24021.htm
https://www.sec.gov/litigation/litreleases/2017/lr24021.htm
The SEC obtained a Contempt Order
https://www.sec.gov/litigation/complaints/2017/lr24021-contempt-order.pdf
in Securities and Exchange Commission v. Anvil Partners, Inc., (United States District Court for the Southern District of New York; 17-Misc-318) finding registered investment advisor Anvil Partners and its majority owner, president, and chief investment officer, Jeremy Beck, in civil contempt of court for failing to comply with the court's prior order enforcing a June 6, 2017, SEC investigative subpoena directed to Anvil. READ the FULL TEXT CONTEMPT ORDER. The subpoena enforcement action was filed by the SEC on August 21, 2017, and as set forth in part in the SEC Litigation Release:
in Securities and Exchange Commission v. Anvil Partners, Inc., (United States District Court for the Southern District of New York; 17-Misc-318) finding registered investment advisor Anvil Partners and its majority owner, president, and chief investment officer, Jeremy Beck, in civil contempt of court for failing to comply with the court's prior order enforcing a June 6, 2017, SEC investigative subpoena directed to Anvil. READ the FULL TEXT CONTEMPT ORDER. The subpoena enforcement action was filed by the SEC on August 21, 2017, and as set forth in part in the SEC Litigation Release:
[O]n September 21, 2017, the court entered an order requiring Anvil to comply. Anvil failed to comply with the court's order, and, after holding a hearing on December 19, 2017, the court held Anvil and Beck in civil contempt. The contempt order requires Anvil and Beck to reimburse the SEC the costs of serving them with court papers in this proceeding, imposes a $250 daily fine against both Anvil and Beck until Anvil complies with the subpoena enforcement order, and orders Beck's arrest and appearance at a further January 10, 2018 hearing.
The Dead Father, Feuding Kids, Stockbroker In The Middle, And The Lawsuit (BrokeAndBroker.com Blog)
http://www.brokeandbroker.com/3738/finra-arbitration-family/
http://www.brokeandbroker.com/3738/finra-arbitration-family/
As the warm, rosy hue of the holidays is fading, we are once again reminded of family. Ah yes, family! The aunts and uncles who don't talk to each other because of something that happened ten years ago but no one quite remembers exactly what. The cousins who you can't sit next to each other at the dinner table. The feuding siblings who manage to ruin every family get-together. The awkward silences brought on by the divorced folks who politely smile at each other through the entire meal for the sake of the kids but still get in a few shots. In today's BrokeAndBroker.com Blog we consider yet another family affair involving estranged kids and their father . . . their wealthy father . . . and a poor stockbroker who got caught in the middle. It ends for the stockbroker but not without lots of festive nastiness for the holidays. In the holiday spirit, enjoy the three music videos. READ http://www.brokeandbroker.com/3738/finra-arbitration-family/