April 18, 2023/US SEC On April 11, 2023, the United States District Court for the Southern District of New York entered a final judgment against Donald G. Blakstad, a self-employed individual from San Diego. On November 21, 2022, the Court entered final judgments against Robert J. Maron, a personal friend […]
Frauds & Scandals
SEC Charges Investment Adviser Betterment for Misstatements Concerning Tax Loss Harvesting Service
April 18, 2023/US SEC The Securities and Exchange Commission today charged investment advisory firm Betterment LLC for material misstatements and omissions related to its automated tax loss harvesting service (TLH), failing to provide clients with notice of changes to contracts, and failing to maintain certain required books and records. To […]
SEC Charges South Florida Broker with Misrepresenting Securities Registrations to African-American Investors of the Christian Faith
April 18, 2023/US SEC The Securities and Exchange Commission today announced charges against former Broward County, Florida resident Marcus K. Moon for improperly offering investment advisory and brokerage services, predominately to African-American investors of the Christian faith. The SEC’s complaint alleges that, from at least 2020 to 2021, Moon – […]
