Part of preparing for your and your family’s futures may involve investing. Like others who entrust their investments to brokers or brokerage firms, you may depend on your advisor to guide you and look out for your finances. If your broker defrauds you, costing you...
Month: July 2021
Front-running leads to criminal charges for hedge fund trader
In theory, lucrative trading requires experience, knowledge, skill and some luck. Sometimes, though, traders have material and nonpublic information they use to gain an unfair advantage. If the Securities and Exchange Commission uncovers insider trading, of course,...
China’s biggest rideshare company accused of securities violations
Didi Global Inc., the Chinese company that operates the ridesharing service Didi Chuxing, is in hot water with the Cyberspace Administration of China (CAC) as well as with investors. The company stands accused of illegally collecting the personal data of its users. It...
SEC imposes millions in fines for Florida securities scheme
The Securities and Exchange Commission reached a settlement in the case of two South Florida men accused of securities and real estate fraud. The defendant in Fort Lauderdale federal court will pay millions of dollars in fines and restitution after diverting more than...