SEC-PR-2412-193 (Dec. 9, 2024) (SEC-PR-2412) SEC Charges Morgan Stanley Smith Barney for Policy Deficiencies that Resulted in Failure to Prevent and Detect its Financial Advisors’ Theft of Investor Funds Excerpt: Washington D.C., Dec. 9, 2024 — The Securities and Exchange Commission today charged Morgan Stanley Smith Barney LLC (MSSB) with failing to reasonably supervise four […]
Day: December 9, 2024
SEC-PR-2412-192 (Dec. 9, 2024) (SEC-PR-2412) SEC Charges Ian Bell with Defrauding Professional Athletes and Others in Fraudulent Day-Trading Scheme Excerpt: Washington D.C., Dec. 9, 2024 — The Securities and Exchange Commission today charged Denver resident Ian G. Bell with securities fraud for lying to investors and misappropriating their funds in connection with a fraudulent day-trading scheme. […]
SEC-PR-2412-191 (Dec. 9, 2024) (SEC-PR-2412) SEC Announces Departure of Trading and Markets Division Director Haoxiang Zhu – Deputy Director David Saltiel to serve as Acting Director Excerpt: Washington D.C., Dec. 9, 2024 — The Securities and Exchange Commission today announced that Haoxiang Zhu, Director of the Division of Trading and Markets, will depart the agency effective […]