Broker Dealer Registration 101
Going Public LawyerPosted by Brenda Hamilton, Securities and Going Public Lawyer Broker-dealers are subject to regulation by the SEC, FINRA and any other Self Regulatory Organizations (“SRO”) such as...
View ArticleFinders Q & A – Going Public Lawyers
Going Public LawyerPosted By Brenda Hamilton, Securities Lawyer It is not unusual for a private or public company to be approached by person (“Finder”) who offers to locate investors in exchange for a...
View ArticleFINRA Prohibited Conduct l Broker-Dealer Lawyers
Going Public LawyerSecurities Lawyer 101 Blog The Financial Industry Regulatory Authority (“FINRA”) require that broker-dealers and market makers observe “high standards of commercial honor and just...
View ArticleBrokerCheck Announces PR Campaign
Going Public LawyerOn June 1, 2015, the Financial Industry Regulatory Authority (FINRA) announced that it had launched a campaign promoting BrokerCheck (brokercheck.finra.org). BrokerCheck allows...
View ArticleOppenheimer Employees Settle Penny Stock Charges
Going Public LawyerOn July 23, 2015, the Securities and Exchange Commission (SEC) announced that three former employees of Oppenheimer & Co. Inc. have agreed to settle charges stemming from the...
View ArticleWhat Are Fiduciary Duties? Going Public Attorneys
Going Public LawyerA fiduciary duty exists where trust and confidence is placed in another. Fiduciary duties arise in many different contexts in securities matters and the going public process....
View ArticleFINRA’s Disclosure Requirements In EB-5 Offerings
Going Public LawyerFINRA Rule 2040 became effective late last month and has the potential to provide increased transparency in EB-5 Offerings. Rule 2040 requires broker-dealers who sell securities in...
View ArticleSEC Order Imposes Fine On Ditto Holdings For $3.7 Million Unlawful Offering
Going Public LawyerOn September 8, 2015, the Securities and Exchange Commission (“SEC”) initiated public cease-and-desist proceedings pursuant to Section 8A of the Securities Act of 1933 (“Securities...
View ArticleFINRA Expels Halcyon Cabot Partners
Going Public LawyerThe Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Halcyon Cabot Partners, Ltd., and barred Chief Executive Officer Michael Morris and Chief...
View ArticleGregory Ruehle Charged with Defrauding Investors and Acting as an...
Going Public LawyerThe Securities and Exchange Commission (SEC) charged an unregistered broker in Oceanside, California with fraudulently selling purported stock in a medical device company and...
View ArticleSEC Charges Banc de Binary with Acting as an Unregistered Broker-Dealer
Going Public LawyerThe SEC filed a complaint in 2013 against Banc de Binary Ltd, its founder Oren Shabat Laurent, and three affiliates that operate an Internet-based based trading platform for “binary...
View ArticleSEC Charges Nathanial Ponn with Defrauding Several Brokerage Firms
Going Public LawyerThe Securities and Exchange Commission (SEC) announced fraud charges against Massachusetts resident Nathanial Ponn for engaging in a scheme to defraud numerous broker-dealers over...
View ArticleElectronic Transaction Clearing -ETC- Charged With Repeatedly Putting...
Going Public Lawyer On March 19th the Securities and Exchange Commission announced that Electronic Transaction Clearing (ETC), a registered broker-dealer headquartered in Los Angeles, has agreed to...
View ArticleJH Darbie Charged in Calissio Resources Scam – Securities Lawyer 101
Going Public Lawyer On March 27, 2018, the Securities and Exchange Commission (SEC) announced a settled administrative proceeding against broker-dealer J.H. Darbie & Co., Inc., and Robert Y....
View ArticleScottsdale and John Hurry Push Back – FINRA Assault on Small Broker Dealers
Going Public Lawyer On December 17, 2018, John Hurry broker dealer, Scottsdale Capital Advisers Corporation sued the Financial Industry Regulatory Authority (“FINRA”), for breach of contract in the...
View ArticleWhat Rules Apply to Investor Relations Activity? Stock Promotion Guide
Investor relations or stock promotion involves the dissemination of information about a public company to increase its stock price and trading volume. The person who publishes this information is...
View ArticleCAN-SPAM Issuers and Investor Relations – Securities Lawyer 101
If you use email in your business, you should be aware of the requirements of the CAN-SPAM Act ("CAN-SPAM"). Investor relations providers often attempt to remain anonymous.
View ArticleIs My Dilution Funder a Dealer? – SEC Toxic Financing Actions
Dilution Funders have been charged by the SEC as unregistered dealers in violation of the Securities Exchange Act. Justin Keener and his company, JMJ Financial and John Fierro and his company, JDF...
View ArticleSEC Trading Suspensions Under the Securities Exchange Act
When the SEC issues a trading suspension pursuant to Section 12(k), trading in the security is halted for the period set forth in the order which is typically the full 10 days.
View ArticleSEC Says Dilution Funder John Fierro is a Dealer Not a Trader
Dilution Funders and Dilution Financings Challenged by SEC
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