Category: SECActions

The traditional free-riding scheme has been around for years. It takes advantage of the instant credit broker-dealers often extend to new accounts by immediately using the money to trade and eventually taking the money. The schemes are typically short-lived. A …

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Last week the Commission filed two new enforcement actions. Each case centered on insider trading claims. Be careful, be safe this week. Rules: The Commission adopted certain reforms tied to investment advisers who operate exclusively through the internet on March …

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