Global Billion Dollar Settlement

“These cases reflect a sad chapter in the history of American business — a chapter in which those who reaped enormous benefits from the trust of investors profoundly betrayed that trust. These cases also represent an important new chapter in our ongoing efforts to restore investors’ faith in the fairness […]

Analysis Brokers News

SEC’s Cheap Shot at Martha Stewart

Again. The Abuse of Power. The second part of the story is undoubtedly of more interest to securities lawyers, judges and law professors, but the rest of you should continue reading. Government abuse is a topic that affects all of us, and unfortunately happens too often. The abuse involves quests […]

Arbitration News

Arbitrator Disclosure Report Released

    ]]> Home | Message Board Home Search Arbitration Investors Brokers Finance Law Compliance Archives Arbitrator Disclosure Report Released SEC Commissioned Independent Study Recommends Against Use of California Disclosure Rules PERINO REPORT RELEASED BY SEC: The November 13, 2002 SEC News Digest summarizes the findings and recommendations of a […]

Analysis News

Hire Standards

Regulators Call For Increased Scrutiny of Brokers with Disclosures By Mark J. Astarita, Esq.   WHETHER JUSTIFIED OR NOT, the hiring and continued employment of brokers with disclosable events on their Central Registration Depository (CRD) reports is an increasing concern. Just last year, a report issued by regulators recommended stringent […]

Analysis News

Promissory Note Fraud

NASDR Warns Investors and Brokers of Promissory Note Fraud Schemes. Investors Beware. By Mark J. Astarita, Esq. The NASD has issued a regulatory alert to broker-dealers regarding the significant number of fraudulent promissory note schemes that have been offered to investors and to remind members and registered persons of the […]

Analysis Brokers

Too Much Information

 The NASD May Soon Protect Investors at Broker’s Expense By Mark J. Astarita, Esq. This time the National Association of Securities Dealers (NASD) has gone too far. On November 27, 1996, the association proposed to make full disclosure of the entire contents of the disciplinary and litigation section of a […]