U.S. District Court for the Southern District of New York

• 

  SEC Enforcement Roundup: CR Intrinsic Slapped With Record Insider Trading Fine

  By Marlene Y. Satter, AdvisorOne  |  March 21, 2013

  The SEC settlement by CR Intrinsic was for $600 million, the largest ever in an insider trading case; meanwhile, a financier was charged in a scam involving pre-IPO Facebook stock.

• 

  SEC Enforcement Roundup: Hedge Fund Manager Fined $44 Million in China Scheme

  By Marlene Y. Satter, AdvisorOne  |  December 13, 2012

  Among recent enforcement actions taken by the SEC were charges against a Miami-based entrepreneur for defrauding investors.

• 

  SEC Enforcement Roundup: High School Dropout ‘Advisor’ Busted for Fraud

  By Marlene Y. Satter, AdvisorOne  |  November 20, 2012

  The SEC charged a man who was high school dropout and a phony “investment advisor” who spent his clients’ funds on drugs and gambling; and a group of former high school buddies were charged with engaging in insider trading.

• 

  SEC Enforcement Roundup: BP to Pay Third Largest Penalty in SEC History

  By Marlene Y. Satter, AdvisorOne  |  November 16, 2012

  As part of the $4.5 billion settlement with the U.S., BP admitted to misleading investors about the rate of the oil flow in the Deepwater Horizon disaster in the Gulf of Mexico in 2010.

• 

  DOL Slams Ivy Asset Management in $210 Million Madoff Settlement

  By Melanie Waddell, AdvisorOne  |  November 13, 2012

  The DOL announced a settlement with Ivy Asset Management, a unit of the Bank of New York Mellon, in which Ivy will pay $210 million to compensate investors who suffered losses in Bernie Madoff’s Ponzi scheme.

• 

  SEC, FINRA Enforcement Roundup: Cantor Fitzgerald Hit by FINRA

  By Marlene Y. Satter, AdvisorOne  |  October 25, 2012

  Among recent SEC and FINRA actions were Cantor Fitzgerald being censured and fined and FINRA imposing a $14 million settlement on a Hong Kong-based firm charged with insider trading.

• 

  SEC, FINRA Enforcement Roundup: Former Billion-Dollar Hedge Fund Advisory Firm, Execs Slapped

  By Marlene Y. Satter, AdvisorOne  |  October 19, 2012

  Citigroup, Merrill Lynch and Natixis were among those sanctioned by the SEC and FINRA this week.

• 

  SEC, FINRA Enforcement Roundup: Merrill Slapped With $500,000 Fine

  By Marlene Y. Satter, AdvisorOne  |  September 27, 2012

  Recent FINRA actions include a $500,000 fine against Merrill Lynch for failing to file required reports, and a joint action with the SEC and the exchanges against Hold Brothers.

• 

  Judge Dismisses ProShares ETF Lawsuit

  By Melanie Waddell, AdvisorOne  |  September 12, 2012

  The judge ruled that the registration statements accompanying ProShares leveraged and inverse ETFs stated “in plain English” their daily performance objectives.

• 

  Citi Agrees to Pay $590M in Class-Action Lawsuit Deal

  By Janet Levaux, AdvisorOne  |  August 30, 2012

  The news comes as Citigroup and Morgan Stanley work out details regarding the Morgan Stanley-Smith Barney joint venture.