Securities Arbitration Commentator, Inc. Published Summary By Burton W. Wiand Regarding Supreme Court’s Decision On Lamps Plus, Inc. v. Varela

On April 24, 2019, the Supreme Court entered a decision that further limits the ability of Claimants to pursue class claims in arbitration. […]

IRS Continues To Warn Virtual Currency Users

Just in time for tax season, the Internal Revenue Service issued another reminder to taxpayers last week urging them to report virtual currency transactions on their income tax returns […]

40 Years Of FCPA – The Strange Case That Started It All

Leading up to the 40th anniversary of the Foreign Corrupt Practices Act on Dec. 19, this Expert Analysis series features reflections from attorneys who have played a role in the evolution of FCPA enforcement, defense and compliance […]

Findings and Best Practices from the SEC on Creating an Effective Cybersecurity Program

It is no secret that cybersecurity has been a hot topic with regulators. Everyone, including the Securities and Exchange Commission (SEC), FINRA, and state regulators, has been taking a look into cybersecurity and how firms are protecting client data[…]

Stepping Outside Your Comfort Zone

As a lawyer whose practice mainly focuses on securities and financial services litigation, my workday typically involves some form of a financial or securities-related dispute requiring certain perspective and knowledge […]

Call to Prosecute Corporate Executives Coincides with Changes to White Collar Sentencing Guidelines

Last month, Deputy Attorney General Sally Q. Yates issued a memorandum entitled “Individual Accountability for Corporate Wrongdoing” (Yates Memo). The Yates Memo directs federal prosecutors across the nation to “hold to account the individuals responsible for illegal corporate conduct.” […]

US v. Newman and Chiasson: Second Circuit Court of Appeals Clarifies Tippee Liability

On December 10, the Second Circuit Court of Appeals issued its widely-anticipated decision in the appeal of the insider trading convictions of Todd Newman and Anthony Chiasson. The convictions were among dozens obtained in recent […]

FINRA Publishes New Guidance On Expungement Requests In Arbitration Proceedings

Continuing its scrutiny of expungement in customer arbitrations, the Financial Industry Regulatory Authority (“FINRA”) recently published updated guidance for arbitrators evaluating expungement requests, including the customer’s ability to testify and allowing the customer’s counsel to […]

FINRA Cracks Down on Expungements

Recently, FINRA published guidance regarding additional procedures arbitrators must follow when considering motions for expungement. It is no coincidence that FINRA’s guidance was published a mere two days prior to the Public Investors Arbitration Bar […]

Ponzi Database: Comprehensive Look at the Ponzi Schemes in the “Madoff Era”

GK’s Jordan D. Maglich compiled a comprehensive list of the Ponzi schemes in the past five years. Follow Maglich’s blog at: Link to the Comprehensive List of Ponzi Schemes in the “Madoff Era” here: […]