The most common types of stock broker, or investment advisor wrongdoing includes stock churning, breach of a fiduciary duty, failure to follow instructions, fraud, or selling unregistered securities
to unsuspecting investors.
The ASD staff is seeking fines of $10,000 each for six instances of securities fraud and four instances of selling unregistered securities
and TelexFREE LLC, with the fraudulent offer and sale of unregistered securities
The securities and banking regulators of New Hampshire have issued a cease and desist order to Upper Valley Commercial Corp, accusing it of selling and distributing unregistered securities
without a license.
Jason Coombs previously provided voluntary disclosures relating to general solicitation of the company's unregistered securities
in compliance with JOBS Act Rules such as the company's "Investor Days" social media and JOBS-ACT.
Both reports found fault with the Securities Bureau, which in 2007 did manage to get a long-delayed consent order against FRM for selling unregistered securities
16 with three counts of theft by failure to make required deposition, three counts of theft by deception, one count of securities fraud for selling unregistered securities
and one count of securities fraud for creating a scheme to defraud.
Two unregistered securities
firms in Tokyo have gone under after selling unlisted shares for about 20 billion yen to several thousand investors nationwide since 2003, lawyers and former employees of the brokerage houses said Saturday.
Between 1993 and 1996, Legault and others allegedly conspired to lure victims into investing about $11 million in unregistered securities
In early December, Prosper agreed to pay 20 states $I million to settle the charge that it sold unregistered securities
markets by establishing "a more liquid and efficient institutional resale market for unregistered securities
The survey of state securities regulators showed that an estimated 44% of all investor complaints are made by seniors and that unregistered securities
, variable annuities and equity-indexed annuities are the most pervasive financial products involved in senior investment fraud.