Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

February 5, 2022

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6275/securities-industry-commentator/

Court Finds FINRA Arbitration Process Not Fundamentally Fair (BrokeAndBroker.com Blog)

CFTC Charges Texas Resident with Misappropriating Confidential Information and Participating in a Brokerage Kickback Scheme (CFTC Release)

Former President of Energy Company Indicted for Commodities Insider Trading and Kickback Schemes / In Related Case, Commodities Trader Pleads Guilty to Insider Trading Scheme (DOJ Release)

Middleboro Financial Advisor Charged in Superseding Indictment with Investment Adviser Fraud and Money Laundering (DOJ Release)

British Citizen Sentenced To Over 11 Years In Prison For Helping Design And Operate Fraudulent Investment Scheme Related To Co-Working Business (DOJ Release)

FINRA Arbitrators Slam GFI Securities in Employee Defamation Case

Ryan Bernardini, Claimant, v. GFI Securities LLC, Respondent (FINRA Arbitration Award)

FINRA Arbitrators Grant Stipulated Award in Lump Sum Annuity Distribution Dispute

David Epstein and Ethan Epstein, Claimants, v. Signature Securities Group Corporation, Respondent (FINRA Arbitration Award)

FINRA Arbitrators Award $150,000 in Compensatory Damages Against Morgan Stanley in Customer Dispute

Melinda Whitman, Claimant, v. Morgan Stanley, Scott Danial Swaylik, and Morgan Stanley Bank, N.A., Respondents (FINRA Arbitration Award)

UBS Loses FINRA Customer Arbitration Alleging Over $2 Million in YES Losses

Joel D. Zychick, Trustee of the GST Trust U/W Irving Siegel and Joel D. Zychick, Trustee of the QTIP Trust U/W Irving Siegel, Claimants, v. UBS Financial Services Inc., Respondent (FINRA Arbitration Award)

FINRA Sanctions Rep for Commissions Earned Under Joint Production Agreement (BrokeAndBroker.com Blog)

Native American Tribe Investment Portfolio Proves Costly for Purshe Kaplan & Sterling Investments (BrokeAndBroker.com Blog)

FINRA the Sheriff of Nothing-ham and Robinhood (BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6274/securities-industry-commentator/

FINRA Sanctions Rep for Commissions Earned Under Joint Production Agreement (BrokeAndBroker.com Blog)

Middleboro Financial Advisor Charged in Superseding Indictment with Investment Adviser Fraud and Money Laundering

British Citizen Sentenced To Over 11 Years In Prison For Helping Design And Operate Fraudulent Investment Scheme Related To Co-Working Business (DOJ Release)

FINRA Arbitrators Slam GFI Securities in Employee Defamation Case

Ryan Bernardini, Claimant, v. GFI Securities LLC, Respondent (FINRA Arbitration Award)

FINRA Arbitrators Grant Stipulated Award in Lump Sum Annuity Distribution Dispute

David Epstein and Ethan Epstein, Claimants, v. Signature Securities Group Corporation, Respondent (FINRA Arbitration Award)

FINRA Arbitrators Award $150,000 in Compensatory Damages Against Morgan Stanley in Customer Dispute

Melinda Whitman, Claimant, v. Morgan Stanley, Scott Danial Swaylik, and Morgan Stanley Bank, N.A., Respondents (FINRA Arbitration Award)

Native American Tribe Investment Portfolio Proves Costly for Purshe Kaplan & Sterling Investments (BrokeAndBroker.com Blog)

FINRA the Sheriff of Nothing-ham and Robinhood (BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6273/securities-industry-commentator/

Native American Tribe Investment Portfolio Proves Costly for Purshe Kaplan & Sterling Investments (BrokeAndBroker.com Blog)

Ponte Vedra Man Convicted And Sentenced For Importing And Distributing Mislabeled Erectile Dysfunction Drug (DOJ Release)

Middleboro Financial Advisor Charged in Superseding Indictment with Investment Adviser Fraud and Money Laundering

British Citizen Sentenced To Over 11 Years In Prison For Helping Design And Operate Fraudulent Investment Scheme Related To Co-Working Business (DOJ Release)

SEC Files Fraud Charges Alleging a Multi-Million Dollar Scheme that Targeted Retirement Accounts (SEC Release)

FINRA Fines and Suspends Rep for Series 66 Notes

In the Matter of Michael A. Mollura, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep for Series 66 Cellphone Access

In the Matter of Reid C. Andrew, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep for Exercising Non-Written Discretion

In the Matter of Ronald S. Bright, Respondent (FINRA AWC)

FINRA Arbitrators Slam GFI Securities in Employee Defamation Case

Ryan Bernardini, Claimant, v. GFI Securities LLC, Respondent (FINRA Arbitration Award)

FINRA Arbitrators Grant Stipulated Award in Lump Sum Annuity Distribution Dispute

David Epstein and Ethan Epstein, Claimants, v. Signature Securities Group Corporation, Respondent (FINRA Arbitration Award)

FINRA Arbitrators Award $150,000 in Compensatory Damages Against Morgan Stanley in Customer Dispute

Melinda Whitman, Claimant, v. Morgan Stanley, Scott Danial Swaylik, and Morgan Stanley Bank, N.A., Respondents (FINRA Arbitration Award)

FINRA the Sheriff of Nothing-ham and Robinhood (BrokeAndBroker.com Blog)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6272/securities-industry-commentator/

FINRA the Sheriff of Nothing-ham and Robinhood (BrokeAndBroker.com Blog)

In re: JANUARY 2021 SHORT SQUEEZE TRADING LITIGATION (This Document Relates to the Robinhood Tranche) (Order SDFL)

CFTC Charges South Florida Resident and His Firm for Operating a $9.8 Million Commodity Futures and Options Fraud (CFTC Release)

Cardinal Health Agrees to Pay More than $13 Million to Resolve Allegations that it Paid Kickbacks to Physicians (DOJ Release)

SEC Denies Enforcement Testimonial Subpoena for Deposition

In the Matter of Horter Investment Management, LLC and Drew K, Horter (SEC Order)

SEC Publishes Annual Staff Report on Nationally Recognized Statistical Rating Organizations (SEC Release)

FINRA Fines and Suspends Firm for Private Placement Suitability Information and Email Review

In the Matter of CIM Securities, LLC, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep for Outside Business Activities

In the Matter of Mark Giordano, Respondent (FINRA AWC)

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer http://www.rrbdlaw.com/6271/securities-industry-commentator/

FINRA the Sheriff of Nothing-ham and Robinhood (BrokeAndBroker.com Blog)

In re: JANUARY 2021 SHORT SQUEEZE TRADING LITIGATION (This Document Relates to the Robinhood Tranche) (Order SDFL)

CFTC Charges South Florida Resident and His Firm for Operating a $9.8 Million Commodity Futures and Options Fraud (CFTC Release)

Cardinal Health Agrees to Pay More than $13 Million to Resolve Allegations that it Paid Kickbacks to Physicians (DOJ Release)

SEC Publishes Annual Staff Report on Nationally Recognized Statistical Rating Organizations (SEC Release)

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