January 25, 2024/US SEC The Securities and Exchange Commission yesterday charged Jesus Rodriguez, a former financial advisor, with fraud for misappropriating more than $3.475 million from ten brokerage account holders and advisory clients. The SEC’s complaint alleges that from 2014 to 2021, while employed as a registered representative and investment […]
Frauds & Scandals
SEC Charges Convertible Note Dealer for Failure to Register; Defendants Agree to Pay $1.25 Million to Settle
January 23, 2024/US SEC The Securities and Exchange Commission today announced the filing of an enforcement action against Aryeh Goldstein, a resident of Florida and New York, and two entities he controls, Adar Bays, LLC, located in Florida, and Adar Alef, LLC, doing business in Florida and New York, for […]
J.P. Morgan to Pay $18 Million for Violating Whistleblower Protection Rule
Firm’s confidential agreements impeded clients from communicating with the SEC January 16, 2024/US SEC The Securities and Exchange Commission today announced settled charges against J.P. Morgan Securities LLC (JPMS) for impeding hundreds of advisory clients and brokerage customers from reporting potential securities law violations to the SEC. JPMS agreed to […]