May 16, 2018/US SEC The Securities and Exchange Commission today charged the owner of a Manhattan-based alternative investment firm with misappropriating close to $6 million in investor funds earmarked to finance the construction of an international airport in Belize.  The SEC’s complaint alleges that between 2014 and 2017, Brent Borland […]

May 16, 2018/US SEC The Securities and Exchange Commission today announced settled charges against broker-dealers Chardan Capital Markets LLC and Industrial and Commercial Bank of China Financial Services LLC (ICBCFS) for failing to report suspicious sales of billions of penny stock shares.   Broker-dealers are required to file Suspicious Activity […]

May 16, 2018/US SEC The Securities and Exchange Commission today announced that investment adviser William Jordan of Orange County, California, has settled charges for perpetrating a multi-million dollar fraud on his clients. The SEC’s complaint alleges that, from 2011 until 2016, as he raised more than $71 million from approximately […]