By Jessica H. Antoniades, Esq. of Shustak Reynolds & Partners, P.C. posted on Friday, July 31, 2015.
This week, the Financial Industry Regulatory Authority (FINRA) announced it has fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for violations relating to trade reporting, failing to submit accurate trade reports and related supervisory failures […] Read More
By George C. Miller, Esq. of Shustak Reynolds & Partners, P.C. posted on Friday, July 24, 2015.
Until July 2015, Marc Lowe was a top-producing financial advisor based in Bank of America Merrill Lynch’s Los Angeles offices. He reportedly was part of a top producing team at Merrill, […] Read More
By Jeffrey T. Petersen, Esq. of Shustak Reynolds & Partners, P.C. posted on Monday, July 20, 2015.
We previously reported here [Hill, 6-19-15 post] on what is currently the only case where an SEC administrative proceeding has been enjoined by a district court on constitutional grounds, […] Read More
By Jeffrey T. Petersen, Esq. of Shustak Reynolds & Partners, P.C. posted on Friday, July 17, 2015.
We previously reported here on the SEC administrative proceeding against New York financier Lynn Tilton and her private equity firm, Patriarch Partners, […] Read More
By Erwin J. Shustak, Esq. of Shustak Reynolds & Partners, P.C. posted on Friday, July 10, 2015.
The price for being a securities fraudster may be increasing substantially. The U.S. Senate proposed substantial increases in SEC fines, […] Read More
By Dennis A. Stubblefield, Esq.and Paris Novinni of Shustak Reynolds & Partners, P.C. posted on Friday, June 26, 2015.
State regulators are setting their sights on barred securities brokers who continue to sell insurance and other financial products […] Read More
By Dennis A. Stubblefield, Esq. and Jeffrey T. Petersen, Esq. of Shustak Reynolds & Partners, P.C. posted on Thursday, June 25, 2015.
In the past two months, an SEC administrative proceeding against a well-known financial figure in New York has demonstrated the legal twists […] Read More
By Jeffrey T. Petersen, Esq. and Dennis A. Stubblefield, Esq. of Shustak Reynolds & Partners, P.C. posted on Thursday, June 25, 2015.
In the past two months, an SEC administrative proceeding against a well-known financial figure in New York has demonstrated the legal twists […] Read More
By Jeffrey T. Petersen, Esq. of Shustak Reynolds & Partners, P.C. posted on Friday, June 19, 2015.
A federal court in Georgia recently provided the first win to a respondent this year, granting a preliminary injunction against the SEC’s use of an Administrative Proceeding in Hill v. SEC. The court there used a two-part analysis in ruling against the SEC […] Read More
By Jessica A. Antoniades, Esq. of Shustak Reynolds & Partners, P.C. posted on Monday, June 1, 2015.
FINRA's new Rule 3110(e) is set to take effect July 1, 2015. The rule will require many firms to intensify background checks and investigation policies for new hires. Under the new rule, firms must verify the "good character, business reputation, qualifications and experience of an applicant before the member applies to register that applicant with FINRA." […] Read More