The Retirement-Ready 6.4% Dividend Your Friends Have No Clue About Let’s look at how CEF investors can grab a healthy 6%+ dividend in this zero-rate world and dodge every retiree’s nightmare. https://www.forbes.com/sites/michaelfoster/2021/01/09/the-retirement-ready-64-dividend-your-friends-have-no-clue-about/ * This article was originally published at The Securities Law B
Mark J. Astarita
Three New Whistleblower awards for $1.1 Million
The SEC has announced awards totaling more than $1.1 million to five whistleblowers who provided high-quality information that led to successful enforcement actions. In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions. The first whistleblower provided information that prompted the opening […]
$119 Million Securities Fraud Targeting South Asian American Community
The Securities and Exchange Commission today announced that it filed an emergency action against California-based real estate development company SiliconSage Builders LLC, aka Silicon Sage Builders, and its sole owner, Sanjeev Acharya, in connection with an alleged $119 million fraudulent offering. According to the SEC’s complaint, Silicon Sage Builders and […]
Biotech Company and CEO Charged With COVID-19 Testing Fraud
photo credit: Tim Reckmann Corona Impfung via photopin (license) The SEC announced charges against California-based biotechnology company Decision Diagnostics Corp. and its CEO, Keith Berman, with making false and misleading claims in numerous press releases that the company had laims in numerous press releases that the company had developed a […]
SEC Issues Multiple Whistleblower Awards Totaling Over $3.6 Million
The Securities and Exchange Commission today announced whistleblower awards in connection with three separate enforcement actions totaling over $3.6 million. In the first order, where the whistleblower was represented by Sallah Astarita & Cox, LLC, the SEC awarded a whistleblower over $1.8 million for providing significant information about a fraudulent […]
Small Business Advocate Releases Annual Report for Fiscal Year 2020
The SEC’s Office of the Advocate for Small Business Capital Formation issued its Annual Report for Fiscal Year 2020 today. The report provides comprehensive data on the state of small business capital formation, a summary of the… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.
SEC Creates Swaps Joint Venture
The Securities and Exchange Commission today announced the creation of the Security-Based Swaps Joint Venture, a collaborative venture among several SEC divisions and offices that will be responsible for coordinating functions related to the regulation… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
Sallah Astarita & Cox $1.8 Million Whistleblower Award
A former South Florida Morgan Stanley Smith Barney broker’s decision to blow the whistle on alleged misconduct has resulted in an almost $1.8 million award from the Securities and Exchange Commission, which said the complaint helped uncover crucial evidence and claw back millions for investors. Represented by James Sallah of […]
SEC Approves 2021 PCAOB Budget and Accounting Support Fee
The Securities and Exchange Commission voted today to approve the 2021 budget of the Public Company Accounting Oversight Board (PCAOB) and the related annual accounting support fee. The 2021 PCAOB budget totals $287.3 million, an increase of… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
SEC Charges Robinhood Financial With Misleading Customers About Revenue Sources and Failing to Satisfy Duty of Best Execution
The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to… Read the Full Press Release Have a securities law question? Call […]
