Tag: failure to supervise

Typically broker-dealers and other regulated entities resolve Commission investigations prior to the institution of any proceedings. A west coast broker-dealer alleged to be a recidivist, however, chose not to resolve failure to supervise claims by the agency that are alleged …

SEC Charges of Failure to Supervise by BD Heading For Hearing Read More »

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The Commission brought actions this week centered on the failure to properly conduct audits, an offering fraud and for acting as an unregistered broker. FINRA sanctioned eight firms for failing to adequately supervise the sale of a complex investment product. …

This Week In Securities Litigation (Week ending Nov. 4, 2016) Read More »

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