Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

April 4, 2020

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/5144/securities-industry-commentator/

Investors Remain Front of Mind at the SEC: Approach to Allocation of Resources, Oversight and Rulemaking; Implementation of Regulation Best Interest and Form CRS (SEC Release)

In the Matter of LendingClub Corporation (TSSB Consent Order)

Department of Justice and Department of Health and Human Services Partner to Distribute More Than Half a Million Medical Supplies Confiscated from Price Gougers (DOJ Release)

Whole Worker Sick-Out Was Half-Assed (BrokeAndBroker.com Blog)

Chanos says he is still 'maximum short' Tesla even with drop in last month (CNBC by Michael Sheetz)

Giant Social-Distancing-Self-Isolation Cosmopolitan Anti-Covid19 Cocktail

There will be a re-calibration in New York after coronavirus, realty expert says / Scott Rechler, CEO and chairman of RXR Realty, joins "Squawk Box" to discuss how the real estate industry is being affect by the coronavirus outbreak (CNBC)

Food Prices Slump Most Since 2015 as Coronavirus Hits Demand (Bloomberg by Agnieszka de Sousa and Megan Durisin)

Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period (SEC Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/5143/securities-industry-commentator/

[In]Securities Guest Blog: Breathless by Aegis Frumento Esq (BrokeAndBroker.com Blog)

Business in the Time of COVID-19: BCPs, Regulatory Relief & More (FINRA Unscripted)

SEC Obtains Judgment Against Promoter Who Fraudulently Raised $3 Million for Christian Concerts / Highlights Issue of Fraud in Faith-Based Communities (SEC Release)

FINRA Imposes Fine and Suspension for Misuse of Morgan Stanley AFG Account. In the Matter of Jacqueline Jacobsen, Respondent (FINRA AWC)

Self-Quarantine/Telecommuting Practice Pointer: Do NOT Take a Bathroom Break While ZOOMing

Edward Jones Trainees Class Action Moves Forward In Part

Wayne Bland, Danuta Durkiewicz, David Bowles, and Adam Reyes, individually and on behalf of all other similarly situated, Plaintiffs, v. Edward D. Jones & Co., L.P. and The Jones Financial Companies, L.L.L.P, Defendants (Opinion)

Merrill Lynch Wins Summary Judgment in Nigerian Discrimination Case

Delila Uwasomba, Plaintiff, v. Merrill Lynch, Pierce, Fenner & Smith, Inc., Defendant (Opinion)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/5142/securities-industry-commentator/

Registered Rep Goes Down for the Count -- All 21 of Them

(BrokeAndBroker.com Blog)

Can You Arb the StatArbers? (By Gontran de Quillacq)

JPMorgan starts mandatory diversity training for managers after discrimination allegations (CNBC by Hugh Son)

FINRA Imposes Fine and Suspension for Falsified SIE Exam Scores. In the Matter of Genesis Zschocher, Respondent (FINRA AWC)

FINRA Imposes Fine and Suspension for Rep's Signing for Customers. In the Matter of William James Hite, Respondent (FINRA AWC)

FINRA Imposes Fine and Suspension for Rep's Borrowing from Customer. In the Matter of Mark T. Lamkin, Respondent (FINRA AWC)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/5141/securities-industry-commentator/

China's Divorce Spike Is a Warning to Rest of Locked-Down World / Filings started rising in March as couples emerged from quarantine (Bloomberg by Sheridan Prasso)

Former Investment Banker Found Liable in International Insider Trading Scheme (SEC Release)

SEC Awards $450,000 to Whistleblower (SEC Release)

Federal Courts Reject FINRA Arbitrators' Manifest Disregard in Respondeat Superior Case (BrokeAndBroker.com Blog)

Georgia Man Arrested for Orchestrating Scheme to Defraud Health Care Benefit Programs Related to COVID-19 and Genetic Cancer Testing (DOJ Release)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/5140/securities-industry-commentator/

The traditional retirement portfolio of stocks and bonds is down 20% for only the fourth time since WWII (CNBC by Michael Santoli)

A food crisis looms as coronavirus forces farms to stay idle and countries hoard supplies (CNBC by Huileng Tan)

Coronavirus hits already struggling US farmers: 'We've stopped saying it can't get worse' (CNBC.com by Emma Newburger)

Federal Courts Say FINRA Unexplained Arbitration Decision Are Okay (BrokeAndBroker.com Blog)

SEC Division of Trading and Markets' Response to COVID-19

District Court Orders Injunctions against Two Telecom Carriers Who Facilitated Hundreds of Millions of Fraudulent Robocalls to Consumers in the United States / First of Their Kind Injunctions Obtained by Justice Department (DOJ Release)

FINRA Imposes Fine and Principal Bar For Failure to Reasonably Supervise. In the Matter of Arive Capital Markets, LLC, Respondent (FINRA AWC)

The Louis Ottimo FINRA to SEC to FINRA Regulatory Saga

The Robert G. Nash FINRA to SEC to FINRA Regulatory Saga

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