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The SEC charged two entities with violating federal securities laws by advising clients on municipal bonds without properly registering as municipal advisors.
June 3 -
Randy Miller, 70, and Chad Miller, 41, entered guilty pleas Wednesday in the Legacy Cares securities fraud case and will be sentenced at a later date.
May 29 -
The SEC told the court it is leaving for later to settle financial terms with Jeffrey DeLaveaga.
May 5 -
"Settlor's remorse" is no justification for upsetting a settled order, SEC says.
April 15 -
It is sadly not possible to prevent 100% fraud scenarios from occurring; however, reassessing your firm's processes for identifying red flags may be a good place to start.
April 9TRADEliance -
The charges related to implementation and enforcement of material nonpublic information policies and Puerto Rico bonds.
April 7 -
As an alleged fraud scheme puts a spotlight on due diligence, some say it may be time to rethink practices in that area amid the rise of AI.
April 4 -
Fallout from the Legacy Cares deal includes bondholder lawsuits against the underwriter and bond counsel, payment defaults, a Chapter 11 bankruptcy, and now fraud charges from the SEC and DOJ.
April 2 -
The SEC and DOJ announced charges in connection with municipal bonds issued for the Legacy Cares sports complex in Arizona, which defaulted and went bankrupt.
April 1 -
SEC probe relating to a cyberattack on a Michigan township's bond sale could involve looking into whether investors are getting an accurate picture of the issuer's credit risk, a former SEC enforcement attorney said.
March 12