July 18, 2019/US SEC The Securities and Exchange Commission today announced an emergency action charging two individuals with running a pump and dump scheme targeting retail investors. The SEC also obtained an emergency court order freezing the defendants’ assets. According to the SEC’s complaint, Florida resident Garrett M. O’Rourke and Maryland resident […]
Frauds & Scandals
SEC Charges Portfolio Manager with Mispricing Fund Investments
July 18, 2019/US SEC The Securities and Exchange Commission today announced settled administrative proceedings against Swapnil Rege, a North Brunswick, New Jersey portfolio manager and trader, for mispricing private fund investments, resulting in a large personal bonus. According to the SEC’s order, from June 2016 to April 2017, while employed […]
SEC Retail Strategy Task Force to Host Roundtable on Combating Elder Investor Fraud
July 18, 2019/US SEC The Securities and Exchange Commission today announced that its Retail Strategy Task Force will host a roundtable on October 3 on combating elder investor fraud. The roundtable will focus on the types of fraudulent and manipulative schemes currently targeting elder investors. The roundtable also will explore […]
