San Francisco Regional Office

• SEC Acts to Halt JOBS Act Scam

  By Melanie Waddell, AdvisorOne  |  April 25, 2013

  The SEC on Thursday announced fraud charges against a Spokane Valley, Wash., company and its owner for misleading investors with claims it was raising billions in investment capital under the JOBS Act—before the law's rules are even finished.

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  SEC, FINRA Enforcement Roundup

  By Marlene Y. Satter, AdvisorOne  |  May 24, 2012

  Broker-dealer Cadaret, Grant fined; alleged $60 million Ponzi scheme targeted; Morgan Stanley in hotseat.

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  SEC Charges Former NAPFA Chairman in $47M Fraud

  By Melanie Waddell, AdvisorOne  |  May 18, 2012

  The SEC charged Mark Spangler, a former chairman of NAPFA, with defrauding clients by secretly investing their money in two risky startup companies he co-founded.

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  SEC Fraud Cases: ‘Next Google’ IPO; China Market Manipulation; Florida Ponzi Play

  By James J. Green, AdvisorOne  |  April 12, 2012

  In Silicon Valley, a fake IPO fleeces investors for $7 million, and in Florida, an advisor targeting gays over-promises and under-delivers

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  New Hire Roundup: NAIBD Adds Two to Board; Former RBC Team Goes to JHS

  By Marlene Y. Satter, AdvisorOne  |  November 30, 2011

  This week in new hires, the National Association of Independent Broker-Dealers made two additions to its board of directors; a wealth management team formerly of RBC moved over to JHS Capital Advisors; and Direxion named a new mid-south senior sales director.

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  SEC Charges Advisor With ‘Soft Dollar’ Fraud

  By Melanie Waddell, AdvisorOne  |  September 28, 2011

  The SEC on Wednesday charged a San Francisco-area investment advisor with fraud for lying to clients about how brokerage commission rebates, or 'soft dollars,' were being used and producing phony documents to cover up the fraud during an SEC exam.