2012 SEC Enforcement Cases – A Year in Review
The Legal Tip for Jacko Law Group titled 2012 Sec Enforcement Cases – A Year in Review was written in December, 2012.… Read More
Private Fund Adviser Updates: The New SEC Presence Examination
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Private Fund Adviser Updates: The New Sec Presence Examination in November, 2012.… Read More
Fall 2012 Regulatory Compliance “Hot Topics”
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Fall 2012 Regulatory Compliance “Hot Topics” in October, 2012.… Read More
Practical Considerations For Preventing Insider Trading
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Practical Considerations For Preventing Insider Trading in August, 2012.… Read More
The Securities and Exchange Commission Awards Whistleblower
The SEC Whistleblower Program (the “Program”), which became a final rule on August 12, 2011, provides incentives and protection to whistleblowers who provide the SEC with original information about violations of the federal securities laws. Under the Program, an “eligible…
New User Fee Bill Counters RIA SRO Bill
During the June 6th hearing of the House Financial Services Committee, legislation was introduced by Representative Spencer Bachus (R-Ala.) that would create a new self-regulatory organization for Registered Investment Advisers “(RIA”) (H.R. 4624). During that session Representative Maxine Waters (D-Calif.)…
SEC Announces Charges in South Florida Ponzi Scheme
On May 22, 2012 the SEC announced the filing of a complaint in Federal District Court in the Southern District of Florida alleging violations of federal securities laws by two Fort Lauderdale residents – George Levin and Frank Preve. The…
SEC Shows Leniency to Whistleblower
In January 2010, the SEC established a formal program to encourage and reward individuals who cooperate with the agency in its enforcement investigations and litigation. On March 19, the SEC’s Enforcement Director, Robert Khuzami, issued a public statement touting the…
The Urban Case And Avoiding Supervisory Liability For Compliance And Legal Personnel
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled The Urban Case And Avoiding Supervisory Liability For Compliance And Legal Personnel in March, 2012.… Read More
BD Corner: Increased Fines and Harsher Penalties Imposed on Brokers and Principals by FINRA in 2011
In 2011, FINRA reported 1,488 disciplinary actions, up from 1,310 in 2010. Also significant, fines in 2011 jumped 51% in 2011, up from $45 million in 2010 to $68 million last year. 2011 fines, however, were far lower than the…