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Coinbase Receives SEC سԹlls Notice Regarding Intent to File Suit Over Crypto Offerings

March 30th, 2023 at 1:20 PM
Coinbase Global announced that it has received a سԹlls Notice from the Securities and Exchange Commission (SEC) declaring the regulator’s intent to file an enforcement action against the cryptocurrency exchange.
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FINRA Suspends Long Island Advisor Over Inaccurate Client Contact Notes

March 29th, 2023 at 2:31 PM
The Financial Industry Regulatory Authority (FINRA) has issued a two-month suspension to a Long Island-based advisor, Derek Rehill, for allegedly recording inaccurate notes related to four phone calls with clients.
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SEC Charges Financial Advisor and Firm for Defrauding Clients with Annuity Sales

March 28th, 2023 at 3:04 PM
The Securities and Exchange Commission (SEC) has charged a Massachusetts-based financial advisor, Jeffrey Cutter, and his firm, Cutter Financial Group, for failing to disclose conflicts of interest in connection with annuity sales. 
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Heartland Bank & Trust Co. Agrees to $9 Million Settlement For Allegedly Aiding and Abetting a Ponzi Scheme

March 24th, 2023 at 2:11 PM
The Securities and Exchange Commission (SEC) has agreed to a $9 million settlementwith Heartland Bank & Trust Co. over the bank’s alleged role in aiding and abetting a $75million Ponzi scheme.
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Morgan Stanley Obtains TRO Against Pennsylvania LPL Advisor Over Inherited Accounts and Misrepresentations

March 23rd, 2023 at 1:13 PM
A federal judge has awarded Morgan Stanley a temporary restraining order (TRO)against a Pennsylvania-based advisor who recently departed for LPL Financial.
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Sanford Bernstein & Co. and Alliance Bernstein Face FINRA Arbitration Claim Over Options Advantage Strategy

March 22nd, 2023 at 2:08 PM
Sanford Bernstein & Co. and Alliance Bernstein (Bernstein) are facing what could be the first of several Financial Industry Regulatory Authority (FINRA) arbitration claims related to its Options Advantage Strategy.
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Silver Star Properties REIT Pursuing “Complete Separation” From Hartman

March 21st, 2023 at 2:17 PM
Silver Star Properties REIT, formerly known as Hartman Short Term Income PropertiesXX Inc., announced that the company is “currently in discussions” with Allen Hartman regarding a complete separation between Silver Star and Hartman vREIT XXI Inc.
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Silver Star Properties REIT Investigating Founder For Alleged Fiduciary Violations

March 20th, 2023 at 3:46 PM
Silver Star Properties REIT, a publicly registered non-traded real estate investment trust,recently announced that the executive committee of the board has removed founder andexecutive chairman of the company, Allen Hartman.
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Recent Study Shows FINRA Enforcement Actions Declined Last Year

March 17th, 2023 at 10:09 AM
The Financial Industry Regulatory Authority (FINRA) reported only $45 million in fineslast year in comparison to $103 million in 2021, according to an annual report on FINRAdisciplinary enforcement.
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Robinhood and Other Brokerages Restrict Customers From Cashing In Profitable Put Options On Silicon Valley Bank and Signature Bank

March 16th, 2023 at 4:12 PM
Robinhood is restricting customers from cashing in on their bets against Silicon Valley Bank and Signature Bank even as put options appear to be in the money, according to several Robinhood customers on Twitter.
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