Sarao, Coscia, and now the Berkshire Power Company, each charged with crimes – spoofing, fraud, false information – relating to commodity trading. Commodity traders likely have incorporated into their compliance
Continue Reading Coscia Gets 3 Years in Prison: The Criminalization of Trading Commodities?
enforcement actions
Not Every Broker-Dealer is an EB-5 Broker-Dealer
By William Mack on
Posted in EB-5, Securities
Nearly all U.S. broker-dealers are members of the Financial Industry Regulatory Authority (FINRA). FINRA regulates, and provides oversight and guidance for its member firms. When a broker-dealer becomes a FINRA…
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SEC Seeks Additional Resources for Examination and Enforcement in FY 2017 Budget Request
By John K. Wells on
The Securities and Exchange Commission (SEC) recently presented the President’s Fiscal Year 2017 budget request for the SEC to Congress. Among the notable requests, the SEC seeks significant additional resources…
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SEC Enforcement Actions Up in 2015
By John K. Wells on
Posted in SEC
The SEC has announced its enforcement results for fiscal year 2015, which ended in September. Enforcement filings for 2015 were up nearly 7% over the previous year. The SEC filed…
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