Hope you enjoy my article on the SEC’s dysfunctional relationship with defense lawyers. Ernest E. Badway – Why Does the SEC Whine so Much? The Sec’s Attack on Lawyers and
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Fox Rothschild’s Securities Webinar Series Kicks Off with SEC Discussion
Please see the attached link for our SEC investigation and litigation discussion webinar and please join us for our next webinar on securities litigation:
https://securitiescompliancesentinel.foxrothschild.com/securities-litigation/securities-sit-down-sec-investigations-and-litigation/
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Securities Sit-Down: SEC Investigations and Litigation
Did you miss the first installment of our Securities Sit-Down webinar series, which focused on SEC Investigations and Litigation?
Well, it isn’t too late. You can review a recording of…
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Leaving is the Hardest Part Especially if You Want to Re-Enter the Securities Industry
We were recently reminded of how difficult it is to re-register for a position in the securities industry after being barred. See https://www.sec.gov/litigation/admin/2021/ia-5682.pdf.
On February 9, 2021, the United States…
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SEC Readying to Hammer BDs and RIAs Over COVID19 Compliance Risks
The SEC’s Office of Compliance and Inspections (“OCIE”), recently, issued an alert—more like a shot across the bow—to BDs and RIAs regarding its concerns over activities in the industry concerning…
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Private Equity/Hedge Funds Have Not Been Lucky with the SEC Lately
In 2 separate actions, the SEC came down very hard on private equity/hedge funds regarding both disclosure and operational issues. See https://www.sec.gov/enforce/ia-5478-s; and https://www.sec.gov/enforce/ia-5485-s.
In the first action, a firm…
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Compliance Personnel Cannot Stick Their Head in the Sand
Compliance personnel– especially, chief compliance officers– cannot ignore problems because, as one SEC ALJ determined, it will lead to censure and fines for ignoring compliance obligations. See https://www.sec.gov/alj/aljdec/2020/id1400cff.pdf.
Apparently, for…
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Fund Manager Tried (and Failed) to Obtain Investors by Lying About Other Investors’ Participation
The SEC recently brought and settled an action against a former wannabe fund manager, who lied to prospective investors that he already had raised millions of dollars in the fund…
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YOU SHOULD ALWAYS USE YOUR FRIENDLY NEIGHBORHOOD BROKER-DEALER!
Recently, a REIT sought to avoid using a broker-dealer in a distribution. Woe, onto those who seek to avoid the broker-dealer, especially when it leads to a SEC investigation and …
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Cryptocurrency Fraud Is an International Issue
Way back in 2017, the SEC obtained an emergency asset freeze against an internet-based ICO involving certain Canadian residents, who had raised over $15 million on a variety of social…
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