RIA Firms Settle Charges Related To Confidentiality Agreements
A New Jersey-based broker-dealer and two affiliated registered investment advisor (RIA) firms have agreed to pay a total of $240,000 in penalties.
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Former Investment Advisor Pleads Guilty To Wire Fraud And Tax Evasion
A former investment advisor and broker, Thomas Demergian, 63, has been sentenced to 4.5 years in prison for defrauding clients of approximately $1.8M.
The Australian Government Has Granted Workers The Legal Right To Disconnect
The Australian government has granted millions of workers the legal right to disconnect from after-hours communications igniting debate.
Advisors Need To Prepare For Anti-Money Laundering Program
The Treasury Dept. through its Financial Crimes Enforcement Network, has issued a final rule mandating that most firms implement a formal AML program.
US SEC Threatens To Sue NFT Marketplace OpenSea, CEO Says
The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea.
Former Broker Fined Over 'Fair And Balanced' Client Communications
Regulators have imposed fines and a suspension on a former broker for allegedly exaggerating the potential performance of various stocks.
Wamco Investigation Examining 17,000 Trades Over Three Years
Western Asset Management Co. is examining a subset of about 17,000 trades conducted by Ken Leech.
