Newborn Baby, Paternity Leave, Away Account, Loss of Job, and the FINRA Fine and Suspension (BrokeAndBroker.com Blog)
Edward D. Jones Fails To Timely Or Fully Produce Phone Records To FINRA (BrokeAndBroker.com Blog)
Intellivest Securities Hunts Down Raiders Who Allegedly Gutted The Brokerage Firm (BrokeAndBroker.com Blog)
In the SEC's suit against Bankman-Fried, what about the customers? (Bloomberg by Alison Frankel)
DOJ RELEASES
Defendant Sentenced for Role in Sophisticated International Scheme to Steal Money from American Consumers' Bank Accounts (DOJ Release)
Co-Founder Of Multi-Billion-Dollar Cryptocurrency Pyramid Scheme "OneCoin" Pleads Guilty / OneCoin Was a Fraudulent Cryptocurrency Marketed and Sold to Millions of Victims Around the World, Resulting in Billions of Dollars in Losses (DOJ Release)
Six Individuals Charged in Multimillion-Dollar Transnational Tech Support Scam Targeting Tens of Thousands of U.S. Victims (DOJ Release)
Eight Men Indicted for $114 Million Securities Fraud Scheme Orchestrated Through Social Media (DOJ Release)
Woman Pleads Guilty to $2.6 Million Commodity Futures Trading Scheme (DOJ Release)
Insider At Major Financial Services Organization And Retired Financial Professional Charged With Multimillion Dollar Front-Running Scheme / Lawrence Billimek and Alan Williams Made Tens of Millions of Dollars in Profits by Trading Based on Stolen Confidential Trade Information (DOJ Release)
U.S. Attorney Announces Fraud And Money Laundering Charges Against The Founders And Promoters Of Two Cryptocurrency Ponzi Schemes (DOJ Release)
United States of America v. Samuel Bankman-Fried a/k/a "SBF," Defendant (Indictment, United States District Court for the Southern District of New York, 22-CR-673)
US Attorney SDNY @SDNYnews / 6:52 PM Dec 12, 2022 / USA Damian Williams (Arrest/Indictment of Samuel Bankman-Fried)
Danske Bank Pleads Guilty To Fraud On U.S. Banks In Multi-Billion Dollar Scheme To Access The U.S. Financial System / Largest Bank in Denmark Agrees to Forfeit $2 Billion
Maryland U.S. Attorney's Office Announces the Seizure of 55 Domain Names that Violated Copyrights by Illegally Live Streaming the World Cup (DOJ Release)
SEC RELEASES
SEC Charges Four Individuals in Crypto Pyramid Scheme That Targeted Spanish-Speaking Communities / Forcount Trader Systems' Creator and Promoters Orchestrated $8.4 Million Fraud (SEC Release)
SEC Charges Samuel Bankman-Fried with Defrauding Investors in Crypto Asset Trading Platform FTX / Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors (SEC Release)
SEC Charges Danske Bank with Fraud for Misleading Investors about Its Anti-Money Laundering Compliance Failures in Estonia / Bank Agrees to Pay More than $400 Million to Settle SEC Charges (SEC Release)
SEC Charges Brokerage Firm with Anti-Money Laundering Violations (SEC Release)
SEC Awards Over $20 Million Whistleblower Award to Claimant
Order Determining Whistleblower Award Claims
SEC Proposes Rules to Amend Minimum Pricing Increments and Access Fee Caps and to Enhance the Transparency of Better Priced Orders (SEC Release)
SEC Proposes Amendments to Enhance Disclosure of Order Execution Information (SEC Release)
SEC Adopts Amendments to Modernize Rule 10b5-1 Insider Trading Plans and Related Disclosures (SEC Release)
CFTC RELEASES
CFTC Charges Commodity Pool Operators and Their Co-Chief Investment Officer with Deception and Manipulation in Connection with Swaps and Supervision Failures (CFTC Release)
CFTC Obtains Final Judgment Against Michigan Commodity Pool Operator and His Company for a Fraudulent Forex Scheme (CFTC Release)
CFTC Charges Sam Bankman-Fried, FTX Trading and Alameda with Fraud and Material Misrepresentations (CFTC Release)
CFTC Orders Minnesota Registrant to Pay $550,000 for Cross-Product, Cross-Calendar, and Single-Product Spoofing in Soybean Complex Futures (CFTC Release)
FINRA RELEASES
FINRA Fines and Suspends Rep for Private Placement Misconduct
In the Matter of Ahmed G. Gheith, Respondent (FINRA AWC)
FINRA Fines and Suspends Rep for Falsifying Rep Code
In the Matter of David Michael Brendza, Respondent (FINRA AWC)
FINRA Censure and Fines Firm for Electronic Communications Supervision
In the Matter of OFG Financial Services, Inc., Respondent (FINRA AWC)
Rep Alleges Termination Without Cause and Seeks 14 Days Pay and Personal Time Off
In the Matter of the Arbitration Between Yusuf A. Hai, Claimant, v. CIG Securities, Osman Radwan Minkara, Kenneth Gerard Chaput, CIG Capital Advisors Inc., and CIG Asset Management, Inc., Respondents (FINRA Arbitration Award)
Public Customer Cites Churning and Unsuitability in FINRA Arbitration
In the Matter of the Arbitration Between Ronald F. Gagnon, Claimant, v. Worden Capital Management LLC, Jamie John Worden, Richard Foerster Reynolds, and Michael Richard Rosalia, Respondents (FINRA Arbitration Award)
Gift Guide for CCOs: Top Five FINRA Compliance Tools and Resources (FINRA Unscripted)
