Company settles SEC’s charges for related accounting controls violations; avoids penalties based on self-report, cooperation, and remediation September 5, 2024/US SEC The Securities and Exchange Commission today announced fraud charges against Nicholas Bowerman, a former finance director of CIRCOR International Inc., a formerly publicly traded technology manufacturer. The SEC alleges […]
Frauds & Scandals
SEC Charges Broker-Dealer Nationwide P lanning and Two Affiliated Investment Advisers with Violating Whistleblower Protection Rule
NJ-based firms impeded clients from voluntarily reporting information to the SEC September 4, 2024/US SEC The Securities and Exchange Commission today announced settled charges against three affiliated registrants, Commission-registered broker-dealer Nationwide Planning Associates, Inc. and investment adviser NPA Asset Management, LLC, and state-registered investment adviser Blue Point Strategic Wealth Management, […]
SEC Charges Advisory Firm ClearPath with Custody Rule and Liability Disclaimer Violations
September 4, 2024/US SEC The Securities and Exchange Commission today announced settled charges against ClearPath Capital Partners LLC for failing to comply with requirements related to the safekeeping of client assets and for its use of impermissible liability disclaimers in its advisory and private fund agreements. According to the SEC’s […]