Don't stray from your investment strategy. Don't chase
yields. Make sure your investment strategy follows your marketing materials.
According to SEC charges, Charles Schwab failed to do
this with its YieldPlus Fund in 2007. The fund was marketed as a Short Term
Bond fund and described the...
Prosecutors concluded their case-in-chief in the Galleon
insider trading trial this week. SEC enforcement, in conjunction with the U.S.
Attorney's Office in New Jersey, brought an insider trading case against an
attorney, a former associate of three prominent law firms, and a professional
The Commission prevailed on a motion for summary judgment
against a brokerage firm, its principle and a former managing director,
ultimately securing judgments of over $2.7 million. SEC v. Constantin, Civil
Action No. 11-CV-4642 (S.D.N.Y. Filed July 6, 2011). This is one of what may be