Two whistleblowers have received awards from the Securities and Exchange Commission for the assistance they provided to the commission in its enforcement actions. Under the whistleblower program, individuals who provide the SEC with information that leads to a...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: August 2021
Chicago firm fined, censured by FINRA over unregistered principal
The Chicago brokerage firm of Dough LLC has signed a letter of Acceptance, Waiver, and Consent (AWC) with FINRA concerning alleged violations of the regulatory body’s rules. FINRA said that from July 2019 to June 7, 2021, Dough LLC allowed an individual to operate as...
Daniel Moisand becomes chairman-elect of Certified Financial Planner Board of Standards
Florida financial planner Daniel Moisand has become chairman-elect of the Certified Financial Planner Board of Standards, Think Advisor reports. The board of directors of the CFP Board recently announced the election of Moisand, who is a principal and financial...
9 charged with taking part in long-running microcap fraud scheme, SEC announces
Nine people have been charged by the Securities and Exchange Commission with taking part in complex fraud schemes that took in hundreds of millions of dollars from retail investors via unlawful stock sales. The SEC announced the charges in an emergency action filed in...
2 men and company charged in SEC’s first case involving DeFi technology
Two men and their company have been charged by the Securities and Exchange Commission in what the agency says is its first case involving decentralized finance technology, or DeFi. In a press release, the SEC said Florida residents Gregory Keough and Derek Acres and...