December 23, 2024/US SEC The Securities and Exchange Commission today filed charges against Connecticut-based Dolphin Associates III, LLC, and its principal, Donald T. Netter.  The SEC’s complaint alleges that Dolphin and Netter with improperly withholding withdrawals from a private fund (the “Fund”) that they managed, charging the Fund with excessive […]

Company agrees to pay $12 million in penalties and adopt independent consultant’s recommended improvements December 20, 2024/US SEC The Securities and Exchange Commission today announced that Entergy Corporation, a Louisiana-based utility company, agreed to pay a $12 million civil penalty to settle charges that it failed to maintain internal accounting […]

Wells Fargo’s penalty amount reflects that it self-reported its misconduct December 20, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Wells Fargo Clearing Services LLC and LPL Financial LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the […]