Year: 2016

The Supreme Court concluded this week that a suit based on short selling filed in state court alleging state law causes of action was not preempted by the exclusive jurisdiction provision of Exchange Act Section 27 simply because it cited …

This Week In Securities Litigation (Week ending May 20, 2016) Read More »

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Money laundering continues to be a key focus of regulators. Recently, for example, FINCEN Director Jennifer Shasky Calvery discussed money laundering through real estate transactions. Earlier this year the SEC brought an action against a broker-dealer based on money laundering …

Broker, Compliance Officer Fined For AML Failures Read More »

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