Selected Press Releases
SEC Charges Radio Personality for Conducting Misleading Investment Seminars
09/05/2012
The Securities and Exchange Commission today charged a nationally syndicated radio personality and financial advice author for spreading misleading information about his “Buckets of Money” strategy at a series of investment seminars that he and his company hosted for potential clients.Read moreSEC Charges Attorney and Two Other South Florida Residents in $27.5 Million Investment Fraud
09/05/2012
The Securities and Exchange Commission today charged an attorney and two others living in South Florida for their roles in a $27.5 million investment scheme that led investors to believe they were purchasing securities consisting of “pre-sold” commodities contracts with a pre-determined profit. However, the supposed profits actually distributed to investors were largely taken from other investors’ funds.Read moreSEC Charges Public Relations Executive With Insider Trading in Client's Stock
09/05/2012
The Securities and Exchange Commission today charged the CEO of a Los Angeles-based public relations firm with insider trading on nonpublic information she learned from a client that was about to acquire a bank in a deal assisted by the Federal Deposit Insurance Corporation (FDIC).Read moreSEC Charges California Man for Illegal Tips to Hedge Fund Manager
09/04/2012
The Securities and Exchange Commission today charged a California man with illegally tipping a hedge fund manager with inside information about Nvidia Corporation’s quarterly earnings that he learned from his friend who worked at the company.Read moreSEC Issues Financial Literacy Study Mandated by the Dodd-Frank Act
08/30/2012
The Securities and Exchange Commission today issued a staff study with findings on what investors want to know about financial professionals and investment products and services, and when and how investors want to receive such information.Read more