July 28, 2021/US SEC The Securities and Exchange Commission today charged Joshua L. Rupp of Michigan for engaging in securities fraud and for acting as an unregistered broker-dealer. The SEC’s complaint, filed in the U.S. District Court for the Western District of Michigan, alleges that Rupp engaged in a fraudulent […]
Frauds & Scandals
SEC Charges 27 Financial Firms for Form CRS Filing and Delivery Failures
July 26, 2021/US SEC The Securities and Exchange Commission today announced that 21 investment advisers and 6 broker-dealers have agreed to settle charges that they failed to timely file and deliver their client or customer relationship summaries – known as Form CRS – to their retail investors. On June 5, […]
SEC Charges California Resident in Microcap Fraud Scheme Targeting Retail Investors
July 22, 2021/US SEC The Securities and Exchange Commission announced that it filed an emergency action charging California resident Charlie Abujudeh with running microcap fraud schemes targeting retail investors. According to the SEC’s complaint, filed today in the U.S. District Court for the Eastern District of New York, Abujudeh worked […]
