SECLaw.com, the online guide to the securities law, has been online since 1995 and is the result of the work of noted securities attorney Mark Astarita. Mark represents individual and institutional investors, as well as broker-dealers, investment advisers, financial professionals, across the country. Mark has represented parties in over 700 securities arbitrations and investigations, before FINRA, the SEC, and the various commodity exchanges. Have a question? Email Mark or if you are on a mobile, call his office now for a free consultation.

Securities Law News

The Securities and Exchange Commission today released the agenda for the virtual July 16 special meeting of the Asset Management Advisory Committee (AMAC). AMAC was formed to provide the Commission with a range of perspectives on asset management and…
The Securities and Exchange Commission today announced that it has voted to adopt rule amendments to establish an expedited review procedure for exemptive and other applications under the Investment Company Act that are substantially identical to recent…
The Securities and Exchange Commission today announced that Boston-based pharmaceutical company Alexion Pharmaceuticals Inc. has agreed to pay more than $21 million to resolve charges that it violated the books and records and internal accounting…
The Securities and Exchange Commission today announced the agenda and panelists for the July 9, 2020 staff roundtable on investing in emerging markets, including China.  Further information, including prior statements and actions in…
The Securities and Exchange Commission today issued an order to update the filing threshold for broker-dealers’ Form 17-H filings made pursuant to Exchange Act Rules 17h-1T and Rule 17h-2T. The threshold, which had not been updated in nearly 30 years,…

Featured Articles

Broker Pays the Price for Ignoring Arbitration. Lessons Learned: You cannot ignore an arbitration complaint. You will lose, and the award will become a judgment. Plus – FINRA’s two-year jurisdiction retention does not limit your arbitration agreement.

Tips for Responding to a SEC Subpoena. Being forced to participate in a SEC investigation, even as a witness, can be a harrowing experience, and this is true whether you are a market professional, the CEO of a regulated entity, or an investor. How you respond to the initial inquiry, and how you manage the events as the investigation continues often determines the outcome of that investigation.

Parking Stock Is Illegal. It seems that every once in a while securities professionals need to be reminded that conduct that they think is done in the “ordinary course of business” is actually a securities law violation, with significant consequences.

Introductions and Primers

Introduction to the Federal Securities Laws An introduction to the laws which govern the purchase and sale of securities in the United States, including the Securities Act of 1933 and the Securities Exchange Act of 1934

Introduction to the Blue Sky Laws (State Securities Laws) Each state has its own securities laws, rules and regulations. This article provides an overview to the function and purpose of those state laws, known as “blue sky laws.”

Introduction to Securities Arbitration Veteran securities arbitration attorney Mark Astarita’s Securities Arbitration Overview. Downloaded tens of thousands of times, one of our most popular articles. Mark Astarita has represented parties in over 600 arbitrations. This walkthrough of the process takes the reader step by step, from start to finish.

Insider Trading – The Legal and Illegal The term “insider trading” refers to two types of trading, one that is legal, and the other that is not. An overview of the illegal type of insider trading.

Introduction to Private Placements Securities offerings which are not made to the general public are called private placements, and are exempt from registration with the securities regulators.  A description of the exemption, and the private placement process.

Registration and Regulation of Investment Advisers An overview of the requirements and procedures for registration of investment advisers and hedge fund managers.

Guide to Broker-Dealer Registration We updated and improved the SEC’s original guide. This article is a comprehensive guide to the registration process to create and manage a securities broker-dealer.
SEC Law Firm – don’t be fooled by imitators. There is only SECLaw Firm

Sallah Astarita & Cox, LLC is a securities law firm which represents all participants in the financial markets in arbitration, litigation and regulatory matters, and continues to provide commentary and analysis for SECLaw.com. Visit their site.

A list of articles and commentary from the firm is also available.

Links to these stories and all new additions are contained in the current issue of the Securities Law Letter. Stop jumping from Web site to Web site to keep up with the developments in the securities law, we’ve done it for you, and present it in the Securities Law Letter.

The Securities Law Listserve is available to all interested parties, and discussions of all topics relating to the law of the financial markets are welcome and encouraged. Once you subscribe, messages from the list will come to your email box for reading and comment. To subscribe to the list, browse to http://lists.washlaw.edu/mailman/listinfo/securitieslaw-l and enter your email address. To post a message to the list, send the message to: securities law-l@lists.washlaw.edu.

We are looking for suggestions for the site, and for future commentary. Just drop us an email.

Visit the Securities Arbitration Center and New York Securities Lawyer.

If you are involved in any securities law claim, including fraud, mismanaged account allegations, selling away, suitability, or any other issue, Call Mark Astarita at 212-509-6544. Call for a free consultation. On a mobile phone? Call now!

Copyright © 1995-2019 VGIS Communications and Mark J. Astarita. All Rights Reserved. This site is for educational purposes only. Nothing contained herein should be construed as legal or financial advice. Consult your attorney or financial adviser for advice for your particular situation. This site is intended to provide information to the public, but may be deemed by the New York Courts to be an advertisement. If so, we are required by New York Court Rule 1200.7 to state “Attorney Advertising. Prior results do not guarantee a similar outcome.” This site is sponsored by securities lawyer Mark J. Astarita and the securities law firm of Sallah Astarita & Cox, LLC, with offices in New York, New Jersey, and Florida.