Recent Posts in Registered Investment Advisor Category
Posted on Mar 27, 2019 By The Law Offices of Jonathan W. Evans & Associates
In the wake of severe industry losses at the hands of volatility virus XIV, Credit Suisse's VelocityShares Daily Inverse VIX Short-Term Exchange-Traded Note, UBS' Yield Enhancement Strategy ...
Continue reading "Investors Seeking to Recover Losses from Unsuitable UBS' Yield Enhancement Strategy (YES)" »
Posted on Aug 22, 2018 By The Law Offices of Jonathan W. Evans & Associates
The SEC censured Merrill Lynch and ordered the firm pay $8.9 million in fines, disgorgment and penalties after finding the firm violated the Advisers Act by failing to disclose a key conflict of ...
Continue reading "Merrill Lynch to Pay $8.9 Million to SEC for Failing to Disclose Conflict of Interest" »
Posted on Aug 21, 2018 By The Law Offices of Jonathan W. Evans & Associates
The SEC barred Brandt, Kelly & Simmons Securities broker and BKS Advisors investment adviser Roger Thomas Denha for engaging in a fraudulent trade allocation scheme known as "cherry ...
Continue reading "SEC Bars BKS Advisors' Roger Denha for Fraudulent Cherry-Picking Trade Allocation Scheme" »
Posted on Jun 8, 2018 By The Law Offices of Jonathan W. Evans & Associates
An InvestmentNews report suggests that the $1.2 billion Ponzi and fraud scheme the SEC in January charged Robert H Shapiro (Sherman Oaks, California, and Aspen, Colorado)'s Woodbridge Group of ...
Continue reading "$1.2 Billion Ponzi at Woodbridge Group of Companies More Widespread Than Thought" »
Posted on Feb 27, 2018 By Michael Edmiston
The SEC charged Strong Investment Management and owner Joseph Brian Bronson of Yorba Linda, California with defrauding customers from 2012 through 2016, utilizing an illicit discretionary trading ...
Continue reading "SEC Charges Joseph Bronson's Strong Investment Management with Cherry Picking Fraud, Misrepresentation" »
Posted on Jul 9, 2015 By Michael Edmiston
Securities regulators in Massachusetts charged Securities America and advisor Barry Graham Armstrong with running a "grossly deceptive" radio campaign targeted at vulnerable senior citizens. ...
Continue reading "Securities America, Advisor Barry Armstrong Charged Over Grossly Deceptive Alzheimer's Ad Targeted at Seniors" »
Posted on Jun 24, 2015 By Michael Edmiston
The SEC is increasing scrutiny in its reviews of retirement account and investments targeted to seniors, releasing a "National Exam Program Risk Alert" vowing to focus on brokers and ...
Continue reading "SEC to Fight Financial Elder Abuse and Fraud by Upping Broker and Advisor Oversight in Retirement Accounts" »
Posted on Apr 16, 2014 By Michael Edmiston
The Securities and Exchange Commission charged Total Wealth Management, Inc., an advisory firm headquartered in San Diego, California, with breach of fiduciary duty and fraud, alleging that the firm ...
Continue reading "SEC Charges San Diego's Total Wealth Management with Fraud in Kickbacks Scheme" »
Posted on Jan 26, 2014 By Michael Edmiston
In addition to its broker-dealers priorities list, the SEC released its 2014 examination priorities as pertains to the investment adviser/investment company program, which has primary authority for ...
Continue reading "SEC National Exam Program's Investment Adviser & Company Priorities for 2014" »