The Securities and Exchange Commission (SEC) has taken legal action by filing insider trading charges against Charles Rustin Holzer, who is a former broker and currently an executive at a family office. This move follows a previous settlement by the SEC in which Holzer faced charges related to trading options of Dun & Bradstreet Corp. [...]

The Securities and Exchange Commission (SEC) has taken action against Samuel Masucci and the entities under his control, which he founded, on charges related to their management of an exchange-traded fund (ETF). The charges involve actions that disadvantaged the ETF and involved misleading the ETF's trustees in order to secure $20 million in rescue financing, [...]

The Securities and Exchange Commission (SEC) has officially pressed charges against Blake Cathey for the unauthorized sale of securities from Florida-based entities Accanito Equity, LLC, Accanito Equity II, LLC, Accanito Equity III, LLC, and Accanito Equity IV, LLC, collectively referred to as the Accanito LLCs, to retail investors. This action follows a previous enforcement lawsuit [...]

The Securities and Exchange Commission (SEC) has taken legal action against Richard Heart, also known as Richard Schueler, along with three unincorporated entities under his control: Hex, PulseChain, and PulseX. The charges stem from their involvement in conducting unregistered offerings of crypto asset securities, which managed to accumulate over $1 billion in crypto assets from [...]

The Securities and Exchange Commission (SEC) has unveiled charges against Clarice Saw, a former registered representative associated with a broker-dealer in New York. The allegations pertain to her purported involvement in a fraudulent scheme that resulted in defrauding an elderly brokerage customer of approximately $2.4 million. According to the SEC's filed complaint, the period between [...]

The Securities and Exchange Commission (SEC) has taken legal action against Brent Seaman of Naples, Florida, and several entities under his management for engaging in fraudulent activities, resulting in the fraudulent raising of approximately $35 million from at least 60 investors through an unregistered securities offering. Notably, many of these investors were elderly, retired individuals, [...]

The Securities and Exchange Commission (SEC) has taken legal action against investor Joseph C. Lewis for allegedly providing material nonpublic information to his then-girlfriend, Carolyn W. Carter, and his two private pilots, Patrick J. O'Connor and Bryan L. Waugh, with the intention of executing trades based on this confidential information. The SEC has also charged [...]

The Securities and Exchange Commission (SEC) has announced the initiation of legal action against Brandon Charnas, a real estate broker based in New York and South Florida. The SEC is seeking an order from the U.S. District Court for the Southern District of Florida, directing Charnas to comply with an investigative subpoena for documents. The [...]

Together with Weinstein, the Securities and Exchange Commission (SEC) has charged Aryeh L. Bromberg, Joel L. Wittels, Richard M. Curry, Christopher J. Anderson, and Alaa Mohamed Hattab for their involvement in a fraudulent scheme that centered around raising investments for purported deals related to purchasing, distributing, and selling high-demand healthcare products. According to the SEC, [...]