Tag: inside information

Compliance is critical for any organization. Investment advisers and broker-dealers are required, for example, to have effective, implement compliance procedures. Despite the benefits of constructing and maintaining an effective compliance system, ranging from enhancing the culture of the firm to …

Failure to Implement Compliance Program Spells SEC Liability for B/D Read More »

Tagged with: , ,

The SEC obtained summary judgment against Steven Metro, the key to the Grand Central insider trading ring that reputedly had $5.6 million in illicit trading profits. SEC v. Metro, Civil Action No. 3:14-cv-01742 (D.N.J.). The Court also directed that Mr. …

SEC Obtains Summary Judgment In Grand Central Insider Trading Case Read More »

Tagged with: , ,