Maybe it is time to transition or to go independent. Call the broker transition lawyers at Sallah Astarita & Cox for a free consultation. 212-509-6544 The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a national securities lawyer with the law firm of Sallah Astarita & Cox, […]
Month: June 2021
Regulators Offer Free Resource to Securities Firms to Assist in Addressing Financial Exploitation of Seniors
In recognition of World Elder Abuse Awareness Day, the U.S. Securities and Exchange Commission (SEC), the North American Securities Administrators Association (NASAA), and the Financial Industry Regulatory Authority (FINRA) today announced a new resource… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
Silicon Valley Insider Trading Ring Charged
The SEC has announced insider trading charges against a Silicon Valley trading ring whose members generated nearly $1.7 million in illegal profits and losses avoided by trading on the confidential earnings information of two local technology companies. According to the SEC’s complaint, Nathaniel Brown, who served as the revenue recognition […]
Regulators Offer Resources to Assist in Detection, Prevention and Reporting of Financial Exploitation of Seniors
In recognition of World Elder Abuse Awareness Day, the SEC, the NASAA and FINRA announced a new resource intended to assist securities firms in implementing the training requirements of the Senior Safe Act. The training program, “Addressing and Reporting Financial Exploitation of Senior and Vulnerable Adult Investors,” can be used […]
SEC Charges Issuer With Cybersecurity Disclosure Controls Failures
The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. The Securities […]
SEC Awards Approximately $3 Million to Two Whistleblowers
The Securities and Exchange Commission announced an aggregate award of approximately $3 million to two whistleblowers whose information and assistance led to a successful SEC enforcement action. The whistleblowers separately and independently provided SEC staff with valuable information and ongoing assistance, which included participating in multiple interviews with the staff […]
Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel
The Securities and Exchange Commission today announced that Renee Jones has been appointed Director of the Division of Corporation Finance. John Coates, the Division’s current Acting Director, has been named SEC General Counsel. Both appointments are… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
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 […]
SEC Charges Dentist-Turned-Investment Adviser for Three Separate Frauds
The Securities and Exchange Commission today charged Edgar M. Radjabli of Boca Raton, Florida, and two entities he controlled for engaging in three separate securities frauds of escalating size. The SEC’s complaint alleges that Radjabli, formerly a… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
SEC Announces Annual Regulatory Agenda
The Office of Information and Regulatory Affairs today released the Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions. The report, which includes contributions related to the Securities and Exchange Commission, lists short- and long-term… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
