Tag: unregistered broker

The Commission prevailed on a motion for partial summary judgment in an offering fraud action. The agency won a ruling concluding that certain defendants acted as unregistered brokers in violation of Exchange Act Section 15(a) and that the joint venture …

SEC Prevails on Partial Summary Judgment Read More »

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The nomination of Jay Clayton as the next SEC Chairman moved forward in the Senate this week. The Senate Banking Committee approved Mr. Clayton by a vote of 15 to 8 with three Democrats joining the Republicans in the majority. …

This Week In Securities Litigation (Week ending April 7, 2017) Read More »

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