Earlier this month, John Rafal, former president and CEO of Essex Financial Services, Inc., admitted wrongdoing and agreed to pay more than $575,000 in settlement charges. According to the SEC, the Connecticut-based investment adviser defrauded a client, attempted to…
Michelle L. Jacko wrote a Legal Tip for Jacko Law Group titled 2017 SEC Examinations Focus Areas in January, 2017.… Read More
In an ideal world, companies would be able to trust their employees one-hundred percent. However, there are those who take advantage of their position within an organization to perform illegal activities. Unfortunately, that was the case with Expedia’s Jonathan…
David Sobel wrote a Legal Tip for Jacko Law Group titled CCO Liability: What You Need To Know in June, 2016.… Read More
Michelle L. Jacko wrote a Legal Tip for Jacko Law Group titled Regulatory-Considerations-For-Servicing-Aging-Clients in May, 2016.… Read More
Today, IAWatch revisited the case of Thomas Haider, a former CCO at MoneyGram, who was assessed a $1 million civil money penalty by FinCEN. In 2012 MoneyGram paid a $100 million dollar fine for fraud against its customers. In 2014,…
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…
The Legal Tip for Jacko Law Group titled 2015 Sec Enforcement Cases: A Year In Review was written in December, 2015.… Read More
The Legal Tip for Jacko Law Group titled Considerations For Advisors Within The Hybrid Model was written in August, 2015.… Read More
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Amended Regulation a: a “New” Financing Option in July, 2015.… Read More