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

Securities Industry Commentator by Bill Singer Esq WEEK IN REVIEW

October 22, 2022

Securities Industry Commentator: A legal, regulatory, and compliance feed curated by veteran Wall Street lawyer Bill Singer https://www.rrbdlaw.com/6719/securities-industry-commentator/

Frustrated Interactive Brokers Customer Can't Get No Satisfaction With Tesla Order (BrokeAndBroker.com Blog)

FINRA Takes Wells Fargo Stockbroker Outback to a Bar for a Second Round (BrokeAndBroker.com Blog)

Deferred Compensation Case Meanders to FINRA Arbitration to Federal Court to State Court to Dumpster (BrokeAndBroker.com Blog)

Beating a Dead Statutorily Disqualified Horse on Wall Street (BrokeAndBroker.com Blog)

Finra Pulls Out All The Stops in Barring Ex-Wells Broker Who Expensed Football Ticket (AdvisorHub)

You can't serve notice to a crypto collective, say crypto groups in Ooki lawsuit (Reuters by Alison Frankel)

Former WSJ reporter says law firm used Indian hackers to sabotage his career (Reuters by Raphael Satter)

Lowell Money Manager Pleads Guilty to Defrauding Clients of Millions of Dollars (DOJ Release)

New Jersey Man Sentenced To 78 Months For Laundering Millions From Fraud Schemes Perpetrated By Ghana-Based Criminal Enterprise / Defendant Controlled Bank Accounts Totaling Over $5 Million, Which Primarily Consisted of Proceeds of Romance Schemes Targeting Elderly Victims (DOJ Release)

Financial Advisor Pleads Guilty To Fraud And False Statement Charges (DOJ Release)

Former Tucson Insurance Agent Sentenced to Over 11 Years for Elder Fraud (DOJ Release)

Directors Resign from the Boards of Five Companies in Response to Justice Department Concerns about Potentially Illegal Interlocking Directorates / Resignations Reflect Antitrust Division's Efforts to Reinvigorate Enforcement and Deter Violations of Section 8 of the Clayton Act (DOJ Release)

Nevada Woman Charged with $7 Million Advance Fee Ponzi Scheme and Obstruction of Justice (DOJ Release)

Romance Scammer Pleads Guilty to Federal Charges, Admitting He Stole Hundreds of Thousands of Dollars from Nearly 20 Victims (DOJ Release)

Former Destin Area Man Sentenced To Eleven Years In Federal Prison For Investment Fraud Scheme And Money Laundering (DOJ Release)

SEC Files Action Against Former NewAge CEO (SEC Release)

SEC Obtains Nine Final Judgments in $345 Million Ponzi-Like Scheme (SEC Release)

SEC Charges Company and Estate with Fraudulent Investment Scheme (SEC Release)

Final Judgment Entered Against Former Microcap CEO (SEC Release)

SEC Obtains Final Judgment Against Recidivist Investment Adviser Charged with Defrauding Retirees (SEC Release)

Remarks at the APABA-DC Awards and Installation Reception (Speech by SEC Commissioner Mark T. Uyeda)

Meeting Investor Demand for High Quality ESG Data (Speech by SEC Commissioner Jaime Lizárraga)

CFTC Orders Wisconsin Broker to Pay Over $750,000 for Improper Trade Allocation and Additional Violations (CFTC Release)

FINRA Sanctions Raymond James for Supervision

In the Matter of Raymond James & Associates, Inc. and Raymond James Financial Services, Inc., Respondents (FINRA AWC)

FINRA Sanctions Firm and Principal for Mark-Ups

In the Matter of E1 Asset Management, Inc. and Ron Y. Itin, Respondents (FINRA AWC)

FINRA Fines and Suspends Rep for Changing Rep Code

In the Matter of Robert Shane Sevcik, Respondent (FINRA AWC)

FINRA Fines and Suspends Bond Trader for Inaccurate Daily Marks

In the Matter of Mihir Patel, Respondent (FINRA AWC)

FINRA Fines and Suspends Rep for Borrowing from Customers

In the Matter of Efrain B. Trujillo, Respondent (FINRA AWC)

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