The Law of the Financial Markets from Top Securities Lawyers
Thursday, April 25, 2024
New York has released additional guidance on recent rule amendments prepared by the Investor Protection Bureau (IPB) and adopted in 2020. Through these new rules, the Office of the Attorney General (OAG) has increased transparency for the public into the investment adviser representatives and securities issuers operating in New York state. […]
The Securities and Exchange Commission today announced that it has approved the registration of its first security-based swap data repository (SDR). With today’s registration of DTCC Data Repository (U.S.), LLC (DDR), the security-based swap market now… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
The Securities and Exchange Commission today announced awards of approximately $13 million and $10 million to two whistleblowers whose information and assistance led to successful SEC and related actions. The whistleblowers’ substantial assistance, provided to the SEC and another federal agency, included submitting information and documents, participating in interviews, and […]
When James Sallah of Sallah Astarita & Cox, LLC was appointed the receiver for a software company that had been raided by the FBI it had nothing, but software. Rather than putting the company into bankruptcy, which would virtually ensure that the investors would receive nothing, Sallah used a little-known […]
Sallah Astarita & Cox, LLC is pleased to announce that founding partner, Jeffrey L. Cox, will be co-teaching a course entitled “White Collar Crime” as an Adjunct Professor at Florida International University’s (FIU) College of Law this upcoming Fall semester. Mr. Cox’s teaching will be based on his more than […]
The SEC announced awards totaling approximately $22 million to two whistleblowers whose information and assistance was of crucial importance to successful SEC enforcement actions brought against a financial services firm. The first whistleblower received an award of $18 million, while the second whistleblower received a $4 million award. The larger […]
Well, this is a new one for me. I have been representing brokers and firms in transition deals for decades and have never seen this allegation. According to an article at Advisor Hub, there is a lawsuit pending where there are claims that a broker-sold his book of business to […]
Beginning July 5, 2021, FINRA will reopen all of its hearing locations for in-person arbitration and mediation proceedings except for the following: Augusta, Boca Raton, Buffalo, Detroit, Philadelphia, Providence and Wilmington. FINRA DRS has postponed all in-person proceedings in these seven locations through July 30, 2021. The Securities Law Blog […]
5 Contrarian Dividend Stocks To Buy NowEveryone wants to be a contrarian investor. But in practice, most people buy more near tops and sell shares low.—– Coast-to-coast representation of investors and financial professionals – Securities Lawyer The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a well-known, […]
That is not to say that it does not have its flaws. Scheduling hearings is often a mess, too often arbitrators don’t want to make decisions, and the certainty of evidentiary rulings is iffy, at best. I have represented parties in other forums, notably the NYSE when it was conducting […]
