Oppenheimer & Co., Inc. settled an action with the SEC centered on violations of the broker registration provisions, a failure to file suspicious activity reports or SARS and the sale of unregistered penny stock shares. The settlement is based in …
Year: 2015
SEC Files Prime Bank Fraud and Offering Fraud Actions as Administrative Proceedings
The trend of selecting administrative proceedings rather than Federal court by the SEC appears to be continuing. Since last September, for example, the SEC has filed at least seven insider trading cases as administrative proceeds. Previously, the agency typically brought …
SEC Files Prime Bank Fraud and Offering Fraud Actions as Administrative Proceedings Read More »