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SEC Issues Bulletin on Risks of Investing in Reverse Merger Companies

Earlier this month, the Securities and Exchange Commission issued an Investor Bulletin about investing in companies that enter U.S. markets through so-called “reverse mergers.” “Given...

Goldman Sachs Agrees to Stop Trading “Huddles”, Pays $10 Million Civil Fine

The following story appeard on Reuters on June 9, 2011: Goldman Sachs Group Inc agreed on Thursday to pay a $10 million fine and stop...

COMPLIANCE WATCH: Brokerage Still Sells Questioned REITs

--Finra questions sales, price of REIT but does not order halt to sales. --Regulator lacks authority to order disclosure of suit. --Lawyers gear up to...

COMPLIANCE WATCH: Brokerage Still Sells Questioned REITs

--Finra questions sales, price of REIT but does not order halt to sales. --Regulator lacks authority to order disclosure of suit. --Lawyers gear up to...

FINRA Fines Northern Trust Securities, Inc. $600,000 for Inadequate Supervision of Sales of Collateralized Mortgage Obligations and Certain High-Volume Securities Trades

Firm Failed to Monitor 43.5 Percent of Business for 18-Month Period The Financial Industry Regulatory Authority ("FINRA") recently announced that it has fined Northern Trust...

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