May 20, 2021/US SEC The Securities and Exchange Commission charged LFS Funding Limited Partnership and individuals Stephen Michael Thompson, Steven Robert Comisar, Dale Jay Engelhardt, and Ross Gregory Erskine, all of the Los Angeles area, with engaging in fraud in connection with an unregistered offering of the partnership’s securities. According […]
Frauds & Scandals
SEC Charges Broker-Dealer with Order Execution Violations
May 20, 2021/US SEC On May 19, 2021, the Securities and Exchange Commission charged broker-dealer BTIG, LLC with repeatedly violating the order-marking and locate provisions of Regulation SHO, which regulates the short-selling of securities. According to the SEC’s complaint, from December 2016 through July 2017, BTIG violated Rule 200(g) of […]
SEC Awards More Than $28 Million to Whistleblower Who Aided SEC and Other Agency Actions
May 19, 2021/US SEC The Securities and Exchange Commission today announced an award to a whistleblower totaling more than $28 million in connection with an SEC enforcement action and a related action by another federal agency. The whistleblower’s information caused both the SEC and the other agency to open investigations […]
