On January 5, 2016, FINRA published their 2016 Regulatory and Examination Priorities Letter (the “Letter”). Many of priorities discussed had appeared on previous examination priority letters. However, there were several notable new additions to this year’s Letter that warrant…
In its latest press release, the SEC announced that J.P. Morgan’s (JPMS) brokerage business agreed to pay $4 million to settle the claim that they made false statements in their marketing materials and on their website. The incorrect materials…
With barely over a week left on Commissioner Luis A. Aguilar’s tenure with the Securities and Exchange Commission (“SEC”), he summarized the changes he witnessed in the SEC during his seven years serving as Commissioner in his public statement…
The SEC’s challenges in implementing their own cybersecurity protocols could be similar to your firm. On December 16th, Commissioner Luis A. Aguilar of the Securities and Exchange Commission (“Commission”) released a public statement titled “Being a Responsible Steward: Ensuring…
Considerations that Businesses Should Keep in Mind Prior to Implementing a Transition and Business Succession Plan…
Five Broker-Dealers Ordered to Pay $18 Million in Restitution for Failing to Wave Class A Mutual Fund Share Charges…
The Securities and Exchange Commission (“SEC”) paid out an award totaling more than $325,000 to a former employee of an investment firm for supplying them with information regarding fraudulent activities at his former firm including specific information regarding the individuals…
The Legal Tip for Jacko Law Group titled Considerations For Forming And Operating a California LLC: Part 2 was written in November, 2015.… Read More
The Legal Tip for Jacko Law Group titled Considerations For Forming And Operating a California LLC: Part 1 was written in October, 2015.… Read More
Family Endowment Partners, L.P. (“FEP”), a Massachusetts registered investment adviser, and its owner Lee Dana Weiss (“Weiss”) have been accused of violating the antifraud provisions of the federal securities law and related Securities and Exchange Commission (“SEC”) antifraud rules. Furthermore,…