Category: us securities and exchange commission

SEC filed Administrative Proceeding Against Kerry L. Hoffman

Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) filed an Administrative Proceeding against Kerry L. Hoffman pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Section 203(f) of the Investment Advisors Act of 1940, making…

SEC Files Administrative Proceeding Against Wells Fargo & Company

Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) filed an Administrative Proceeding (File No. 3-19704) against Wells Fargo & Company for Order Approving Plan of Distribution. CLICK to VIEW FILING – PDF Continue reading SEC Files Administrative Proceeding…

SEC Action: Justin Robert King and Elevate Investments, LLC

SEC Obtains Emergency Relief Freezing Assets and Halting an Alleged Ongoing Fraud (STL.News) The Securities and Exchange Commission has obtained an emergency court order freezing assets of a San Juan Capistrano, California-based company and its founder, who allegedly were carrying…

SEC Obtains Final Judgements Against Stock Promoters

(STL.News) On December 30, 2020, the U. S. District Court for the Southern District of New York entered final judgments against two penny stock promoters whom the Commission charged in connection with several alleged pump-and-dump schemes involving stocks they were…

SEC Obtains Final Judgment Against Joseph Taub

(STL.News) On December 28, 2020, the United States District Court for the District of New Jersey entered a final consent judgment against Joseph Taub, whom the SEC charged with orchestrating a market manipulation scheme. The SEC’s complaint, filed on December…

SEC Charges Gregory Altieri with Fraudulent Securities

Washington, DC (STL.News) The Securities and Exchange Commission today charged Gregory Altieri, of Melville, New York, for operating a fraudulent Ponzi-like scheme that defrauded current and retired police officers and firefighters, among others, and misappropriating investor funds. According to the…

FINRA News: Statement Regarding SEC Chairman Jay Clayton

(STL.News) Throughout his tenure as Chairman of the SEC, Jay Clayton has been a strong advocate for investors and for fairness and integrity in our securities markets, and we have valued his partnership and support in overseeing the securities industry. …

SEC Obtains Judgment Against Roland M. Mathys – Insider Trading Case

(STL.News) On December 2, 2020, the U.S. District Court for the Southern District of New York entered a default judgment against Roland M. Mathys for insider trading in the securities of Bioverativ, Inc. The SEC‘s complaint against Mathys, filed on…

SEC Charges Three Sales Agents

(STL.News) The Securities and Exchange Commission Monday announced charges against an additional three individuals for illegally selling securities of 1 Global Capital, LLC in unregistered transactions to retail investors while acting as unregistered brokers.  The SEC previously charged 1 Global,…

SEC – Administrative Proceeding against Benjamin F. Edwards & Company

Washington, DC (STL.News) The US Securities and Exchange Commission (SEC) has filed an Administrative Proceeding against Benjamin F. Edwards & Company, Inc. pursuant to Section 15(b) of the Securities and Exchange Act of 1934, and Sections 203(e) and 203(k) of…

SEC files Administrative Proceeding against John G. Stumpf

Washington, DC (STL.News) The US Securities and Exchange Commission has filed an Administrative Proceeding against John G. Stumpf pursuant to Section 8A of the Securities Act of 1933, and imposing a Cease-and-Desist Order. CLICK to VIEW FILING – PDF The…

SEC files Administrative Proceeding against David F. Bandimere

Washington, DC (STL.News) The US Securities and Exchange Commission has filed an Administrative Proceeding against David F. Bandimere (File No. 3-15124) appointing tax administrator. CLICK to VIEW FILING The post SEC files Administrative Proceeding against David F. Bandimere appeared first…