The AML “Fifth Pillar”
Michelle L. Jacko wrote a Legal Tip for Jacko Law Group titled The AML “Fifth Pillar” in November, 2018.… Read More
Michelle L. Jacko wrote a Legal Tip for Jacko Law Group titled The AML “Fifth Pillar” in November, 2018.… Read More
58-year-old Arthur Lamar Adams pled guilty on May 9, 2018, to one count of wire fraud for his role in defrauding hundreds of investors in a Ponzi scheme involving more than $100 million, spanning a period of at least…
Three former executives of Endurance International Group Holdings and Constant Contact Inc., acquired by Endurance in 2016, have settled charges with the Securities and Exchange Commission (SEC) for reporting inflated subscription metrics for their web hosting and internet-based marketing…
Investment adviser representatives and registered representatives (together, “Advisors”) face numerous issues when making a move to a different financial services company. Even the strongest relationship with an employer can be strained when a departure occurs as the Advisor is generally attempting to transfer client relationships (and corresponding revenue) to the new company. … Read More
Pay-to-play violations have the potential to affect a firm’s reputation and typically in a “two-year timeout from providing compensatory advisory services directly to a government client.” Contributions of any kind, which include campaign contributions to those seeking elected office,…
In looking at the recent enforcement action by the Securities and Exchange Commission (“SEC”) against Create Your Fate, LLC, let’s first consider these two recent publications by governing bodies concerning the use of testimonials contained in internet or social…
While exchange-traded funds (ETFs), a hybrid investment product, have been a staple of modern investing since the early 90s, the Securities and Exchange Commission (SEC) has been slow to create a proper regulatory framework for this $3.4 trillion market….
A recent Wells Fargo Memo raised questions for some of the firm’s brokers about the firm’s commitment to the Protocol for Broker Recruiting (“Broker Protocol”). The Broker Protocol found itself in the news again earlier this year when major…
David Sobel wrote a Legal Tip for Jacko Law Group titled Mid-Year Enforcement Action Cases in August, 2018.… Read More
In an update to a case over alleged fraud involving the firm Biozoom that we reported on last year, the SEC last month charged 4 individuals with generating over $34 million in illicit profit by engaging in a series…