FINRA fines Robinhood and orders it to pay its customers 12.6 million dollars
Investors
Reverse Stock Splits Explained
New investors are often confused by a reverse stock split. Simply put, a reverse stock split reduces the number of outstanding shares of the company, thereby increasing value of the individual shares. Think of it as the reverse of the typical stock split, where an investor receives X number of […]
SEC Chair Gensler Seeks to Amend 10b5-1
The new SEC chair believes that 10b5-1 plans “have led to real cracks in our insider trading regime” and has asked the SEC Staff to make recommendations for the Commission’s consideration on how they might “freshen up” Rule 10b5-1. In his comments to the CFO Network Summit, he made a […]
Can a Non-Citizen Be An Accredited Investor?
There is no residency or citizenship requirement in the definition of an accredited investor. Many entities and individuals are accredited investors. Rule 501 of Regulation D defines the term. For individuals, accredited investors include: Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, […]
What is Blue Sky Law?
The term Blue Sky Law refers to the laws and regulations of the individual states regarding the registration of securities, brokerage firms and investment advisers. While the most well known securities laws are the federal laws, each state has its own rules and regulations. The blue sky laws of each […]
How the Pandemic Has Changed Attitudes Toward Wealth
https://www.nytimes.com/2021/05/21/your-money/wealth-attitudes-pandemic.html —– Coast-to-coast representation of investors and financial professionals – Securities Lawyer
Thinking of Day Trading?
A new article from the Securities and Exchange Commission is directed at investors and makes a couple of great points. Day trading is serious business and not something you just dabble in for fun, particularly if you are using leveraged investment strategies or trading leveraged products. Day trading involves actively […]
SEC Charges Healthcare Company and Its Founder with Multimillion Dollar Fraud
The Securities and Exchange Commission has charged a New Jersey-based healthcare company and its founder with fraudulently raising nearly $4 million from over 130 investors nationwide through the sale of membership units in the company. According to the complaint, since July 2017, Premier Healthcare Solution LLC and its founder, Josiah […]
Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning…
Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning #securitieslawyer —– Coast-to-coast representation of investors and financial professionals – Securities Lawyer
SEC Charges California-Based Fraudster With Selling “Insider Tips”
The SEC has charged James Roland Jones of Redondo Beach, California, with perpetrating a fraudulent scheme to sell what he called “insider tips” on the dark web. The dark web allows users to access the internet anonymously and, as such, has often been used to host websites and marketplaces that […]
