November 17, 2020/OECD The Working Group on Bribery of the Organisation for Economic Co-operation and Development (OECD Working Group) issued its Phase 4 Report of the United States today, announced the Securities and Exchange Commission and the U.S. Departments of Justice, Commerce, and State. The Phase 4 Report is part of […]
Frauds & Scandals
SEC Charges Atlanta Investment Adviser with Fraudulent Securities Offering and Misappropriating Investor Funds and Obtains Temporary Restraining Order
November 13, 2020/US SEC On November 12, 2020, the Securities and Exchange Commission charged Atlanta, Georgia-based investment adviser Christopher Burns with defrauding investors and misappropriating investor funds. According to the SEC’s complaint, Burns, through his investment adviser firm Investus Advisers LLC d/b/a Dynamic Money LLC, sold more than $10 million […]
SEC Charges Investment Advisory Firms and Broker-Dealers in Connection with Sales of Complex Exchange-Traded Products
More than $3 Million to be Returned to Harmed Retail Investors as Part of Ongoing Risk-Based Initiative November 13, 2020/US SEC The Securities and Exchange Commission today filed settled actions against three investment advisory firms and two dually-registered broker-dealer and advisory firms for violations that related to unsuitable sales of […]
