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| Forbes.com: Financial Adviser Network News Updated : UPDATE : Computer Hacker Job Applicant Earns Marriott Platinum Courtroom and Prison Yard Bonus Points Hungarian hacker of Marriott gets federal prison term Author : Bill Singer Publ.Date : Mon, 06 Feb 2012 14:31:57 GMT FINRA Finds A Lot Of Bull In A China Shop Transactions in the shares of HEAT and DEER at First Merger Capital, Inc. come under FINRA's regulatory scrutiny -- with more cases likely to come. Author : Bill Singer Publ.Date : Mon, 06 Feb 2012 13:20:46 GMT Beware of Alternative Higher Rates of Return For Your Fixed Income Portfolio NASAA Issues A Warning About Chasing Higher Rates of Returns -- But Is That A Moral Hazard? Author : Bill Singer Publ.Date : Thu, 02 Feb 2012 15:14:09 GMT Wall Street Compliance Practices Come Under Scrutiny by FINRA and the SEC FINRA and the SEC both dissect similar fact patterns: the failure to reasonably supervise. In one case, we are presented with a seemingly overwhelmed part-time compliance officer. In the other case, it appears that, at best, a firm's compliance efforts were in denial. Author : Bill Singer Publ.Date : Wed, 01 Feb 2012 21:59:43 GMT A Year-End Bonus Drove Bankers To Scheme, SEC Says The SEC says Credit Suisse employees manipulated the prices for mortgage securities to make their trading books look profitable so they could earn big year-end bonuses. Author : Halah Touryalai Publ.Date : Wed, 01 Feb 2012 21:55:07 GMT Pre-Announced Compliance Audits Criticized In SEC Ponzi Settlement The SEC lambastes a brokerage firm's compliance policies when an independent contractor's Ponzi scheme goes undetected for years. Author : Bill Singer Publ.Date : Wed, 01 Feb 2012 14:34:30 GMT FINRA Sanctions Brokerage CEO For Delegating To Part Time Compliance Officer and FINOP Turnaround is fairplay -- particularly when FINRA alleges that a firm CEO missed the warning flares but the regulator seems to have been blind too Author : Bill Singer Publ.Date : Tue, 31 Jan 2012 14:10:46 GMT Bill Singer's 2011 Wall Street Regulatory Hall of Shame Veteran Wall Street regulatory lawyer and reform advocate Bill Singer publishes his 2011 Regulatory Hall of Shame -- a comprehensive database for public investors and industry professionals Author : Bill Singer Publ.Date : Mon, 30 Jan 2012 14:48:49 GMT UPDATE: UN and NLRB Employee Faces 20 Years In Federal Prison For Holding Both Jobs Employee who tried to juggle two jobs at the UN and NLRB sentenced to 18 months in federal prison Author : Bill Singer Publ.Date : Sat, 28 Jan 2012 19:08:18 GMT Wall Street Eugenics : SEC Charges Microcap Fraud . . . again Is it time to simpy let natural selection take over the failed role of Wall Street regulation? Author : Bill Singer Publ.Date : Fri, 27 Jan 2012 14:08:20 GMT |