Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

April 18, 2020


It's Not Just the WHO: How China Is Moving on the Whole U.N. / Despite his saber-rattling, Trump's pullback actually helps Beijing in its new, inside-baseball strategy to build influence (Politico by Kristine Lee)

Federal Courts Consider Disturbing FINRA Customer Arbitration Decision
(BrokeAndBroker.com Blog)

Torrington Financial Advisor Sentenced to Prison for Misappropriating Funds from Elderly Clients (DOJ Release)

Three Canadian Men Sentenced For Sweepstakes Fraud (DOJ Release)

SEC Denies Award to Whistleblower
In the Matter of the Claim for Award in Connection With [REDACTED] (Order Determining Whistleblower Award Claim)

SEC Awards Over $27 Million to Whistleblower (SEC Release)

SEC Wins Summary Judgment Against North Carolina Executive of Microcap Company for Issuing Fraudulent Press Releases (SEC Release)

CFTC Charges Florida Man and His Companies in Fraudulent Forex and Digital Asset Scheme (CFTC Release)

$20 Barrel Oil? West Texas Oilman Promises Profits Even Then (TSSB Release)

Majority of FINRA Arbitration Panel Finds Raymond James Defamed Former Employee
In the Matter of the Arbitration Between Raymond James Financial Services, Inc., Claimant, v. Eric Samuel Wilson, Respondent, v. Michael Carbajal, Lee Ann Jordan, and William Scott Schroth, Third Party Respondents (FINRA Arbitration Decision)

FINRA Fines and Suspends Ameritas Rep Over Falsified Customers' Signatures 
In the Matter of Melissa A. Niederhauser, Respondent (FINRA AWC)




Grubhub, Doordash, Postmates, and Uber Named in Restaurant Monopoly Class Action Mariam Davitashvili, Adam Bensimon, and Mis Sapienza, individually and on behalf of all others similarly situated, Plaintiffs, v. Grubhub (a/d/b/a Seamless), Doordash Inc., Postmates Inc., and Uber Technologies, Inc., (in its own right and as parent of wholly owned subsidiary Uber Eats), Defendants (Class Action Complaint)

Texas Court of Appeals Reverses $3 Million TD Ameritrade Customer Victory (BrokeAndBroker.com Blog)

Statement of Chairman Heath P. Tarbert in Support of Long-Awaited Updates to the CFTC's Bankruptcy Regime

Statement of Support by Commissioner Quintenz Regarding Part 190 Bankruptcy Regulations - Notice of Proposed Rulemaking

Statement of Commissioner Dawn D. Stump Regarding CFTC Open Meeting on April 14, 2020

Statement of Commissioner Dan M. Berkovitz on Proposed Amendments to CFTC Bankruptcy Regulations

Ayn Rand's dystopia is here right now and 'Atlas' is shrugging / Congress has just approved an economically bloated $2.2 trillion spending relief bill, an amount more substantial than the GDP of all but a handful of countries (FoxBusiness by Stephen Moore)

BofA Poll Shows 'Extreme' Investor Pessimism With Cash at 9/11 High (Bloomberg by Ksenia Galouchko)













Division of Corporation Finance Statement Regarding Requirements for Form 144 Paper Filings in Light of COVID-19 Concerns (SEC Release)

No Good Riddance from GFI In FINRA Good Leaver Arbitration (BrokeAndBroker.com Blog)

Trump Vows to 'Expedite Help' for Beleaguered U.S. Farmers (Bloomberg by Mike Dornin

Hundreds of U.S. Meat Workers Have Now Tested Positive for Virus (Bloomberg by Isis Almeida and Vincent Del Giudice)

Quarantine Bakers Are Making Flour a Hot Commodity / An ongoing global pandemic has turned many into avid home bakers, forcing suppliers to ramp up production (Bloomberg by Lydia Mulvany and Michael Hirtzer)

Restaurants Fear Going From "Closed" to "Space for Lease" By July / Chefs and restaurateurs are relying increasingly on the kindness of landlords as gaps in the government stimulus plan become more obvious (Bloomberg by Kate Krader and James Tarmy)