SEC

SEC announces charges in penny stock crackdown Fallback Image Decorative pattern

Industry

SEC announces charges in penny stock crackdown

The Securities and Exchange Commission has announced the latest charges in a joint law enforcement crackdown on penny stock schemes with ties to the Florida region.

By Staff |August 15, 2013

3 min read

SEC charges two former JP Morgan Chase traders Fallback Image Decorative pattern

Industry

SEC charges two former JP Morgan Chase traders

The Securities and Exchange Commission has charged two former traders at JPMorgan Chase & Co. with fraudulently overvaluing investments in order to hide massive losses in a portfolio they managed.

By Staff |August 15, 2013

3 min read

SEC halts ex-Marine’s hedge fund fraud Fallback Image Decorative pattern

Industry

SEC halts ex-Marine’s hedge fund fraud

The Securities and Exchange Commission has obtained an emergency court order to halt a hedge fund investment scheme by a former Marine living in the Chicago area who has been masquerading as a successful trader to defraud fellow veterans, current military, and other investors.

By Staff |August 7, 2013

3 min read

SEC charges Bank of America with fraud Fallback Image Decorative pattern

Industry

SEC charges Bank of America with fraud

The Securities and Exchange Commission has charged Bank of America and two subsidiaries with defrauding investors in an offering of residential mortgage-backed securities (RMBS) by failing to disclose key risks and misrepresenting facts about the underlying mortgages.

By Staff |August 7, 2013

3 min read