Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW - BrokeAndBroker.com

Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

November 3, 2018

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4266/securities-industry-commentator/

Defendant Sentenced to 51 Months' Imprisonment for Defrauding Elderly Victims in Lottery and Sweepstakes Scams / Brooklyn Victim Left Homeless After She was Induced by Defendant to Stop Making Mortgage Payments and Give the Money to the Defendant Instead (DOJ Release)

SEC Charges Bitcoin-Funded Securities Dealer and CEO (SEC Litigation Release No. 24330)

Gregor Samsa Awakes As A FINRA Unnamed Party (BrokeAndBroker.com Blog)

CUNY Medgar Evers College Lecturer Sentenced To 6 Months For Selling Fake College Certificates (DOJ Release)

PRC State-Owned Company, Taiwan Company, and Three Individuals Charged With Economic Espionage (DOJ Release)

SEC Division of Enforcement 2018 Annual Report

Malaysian Financier Low Taek Jho, Also Known As "Jho Low," and Former Banker Ng Chong Hwa, Also Known As "Roger Ng," Indicted for Conspiring to Launder Billions of Dollars in Illegal Proceeds and to Pay Hundreds of Millions of Dollars in Bribes / Former Banker Tim Leissner Pleaded Guilty to Conspiring to Launder Money and to Violate the Foreign Corrupt Practices Act Related to 1MDB (DOJ Release)

In the Matter of the Application of Richard Allen Riemer, Jr. For Review of Disciplinary Action Taken by FINRA (SEC Opinion, '34 Act Rel. No. 84513; Admin. Proc. File No. 3-18262)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4265/securities-industry-commentator/

Felon Called To Say He Was In A Bind, Now He's Charged With Escaping Custody (DOJ Release)

Romanian National Sentenced and Two Others Plead Guilty in Connection with ATM Skimming Scheme (DOJ Release)

Guest Blog: Here by Dragons by Aegis J. Frumento Esq (BrokeAndBroker.com Blog)

In the Matter of LPL Financial LLC, Respondent (FINRA AWC 2016050751901)

SEC Charges Beverage Company and Former CEO with Fraud (SEC Litigation Release No. 24329)

Equine Insurance Agent Charged in $1.3 Million Dollar Fraud Scheme (DOJ Release)

SEC Issues Statement on Certain Provisions of Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants (SEC Release 2018-249)

SEC Adopts Rules to Modernize Property Disclosures Required for Mining Registrants (SEC Release 2018-248)

SEC Proposes Disclosure Improvements for Variable Annuities and Variable Life Insurance Contracts (SEC Release 2018-246)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4264/securities-industry-commentator/

Chinese Intelligence Officers and Their Recruited Hackers and Insiders Conspired to Steal Sensitive Commercial Aviation and Technological Data for Years (DOJ Release)

Jackson Man Sentenced to Almost Twenty Years in Believed to be Largest Ponzi Scheme in State History (DOJ Release)

SEC Stops Broker's Ongoing Theft of Retirees' Investment Funds and Obtains Asset Freeze (SEC Litigation Release No. 24328)

Ameriprise Wins Epic Battle With Advisor Who Pled Guilty In Criminal Case (BrokeAndBroker.com Blog)

Former Valeant Executive And Former Philidor CEO Sentenced For Illegal Kickback Scheme (DOJ Release)

In the Matter of the Application of Thaddeus J. North For Review of Disciplinary Action Taken by FINRA (SEC Opinion. '34 Act Rle. No. 84500; Admin. Proc. File No. 3-17909)

Union County, New Jersey, Man Admits To Scheme To Manipulate Microcap Stock By Touting A "Wellness Social Community For People And Their Pets" (DOJ Release)

SEC Obtains Preliminary Injunction in International Microcap Fraud Scheme (SEC Litigation Release No. 24327)

Former Owner And Manager Of Dubai-Based Investment Fund Found Guilty In Manhattan Federal Court Of Securities Fraud Related Offenses (DOJ Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/4263/securities-industry-commentator/

Former Swiss Bank Executive Sentenced to Prison for Role in Billion-Dollar International Money Laundering Scheme Involving Funds Embezzled from Venezuelan State-Owned Oil Company (DOJ Release)

Bitcoin Dealer Pleads Guilty & Agrees to Forfeit Ill-Gotten Gains (DOJ Release).

Investment Adviser Sentenced to 100 Months in Prison for Stealing Investors' Money While on Pre-Trial Release for Another Fraud Scheme / Defendant Misappropriated Over $1.1 Million of Investor Funds to Buy a Luxury Car, Renovate His Home and Pay His Defense Counsel in a Related Criminal Case (DOJ Release)

In the Matter of Mass Hysteria Entertainment Company, Inc., Stark Naked Bobbers, and TOA Holdings, Inc., Respondents (Order Making Findings and Revoking Registration As to Mass Hysteria; '34 Act Rel. 84491; Admin. Proc. File No. 3-18506)

Court Enters Final Judgment in Microcap Fraud Case Involving Shares of Cynk Technology Corp. (SEC Litigation Release No. 24325)

E*Trade Best Execution Case Reaches Federal Appeals Court (BrokeAndBroker.com Blog)

Regulatory Transformation Specialist (Job Posting)

Pittsburgh Principles and Regulatory Realities: Remarks before the International Regulators Conference (Speech by SEC Commissioner Hester Peirce)

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