Rochester real estate developer Robert C. Morgan and the federal Securities and Exchange Commission have reached a settlement in the SEC’s lawsuit accusing Morgan of fraud. Morgan was charged in May 2019 with securities fraud for the way investor funds ...

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Under President Donald Trump, a top financial regulator isn’t embarrassing Wall Street as much as it used to. Take TPG Capital — the private-equity behemoth co-founded by billionaire David Bonderman. For years, the Securities and Exchange Commission had been investigating ...

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WASHINGTON — The Supreme Court indicated Tuesday that the federal government does not have the wide power it claims in pursuing the ill-gotten profits of fraudulent behavior. Justices across the board were at least skeptical of the Securities and Exchange ...

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  The San Francisco-based bank has been under fire since it was discovered that in order to meet extremely lofty sales goals, employees opened as many as 2 million bank and credit card accounts without customer authorization. Wells Fargo has ...

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WASHINGTON — Two major global banks, Barclays and Credit Suisse, are paying a combined $154.3 million to settle government investigations that they misled clients about being able to safely trade on their “dark pool” financial exchanges. The banks left their ...

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A new form of crowdfunding is coming soon that will allow startups to raise money by selling stock to Main Street investors. The Securities and Exchange Commission on Friday adopted rules implementing a 2012 law that opened the door to ...

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Federal regulators are scrutinizing a type of mutual fund that’s potentially riskier than conventional funds and is growing in popularity, prompting concerns over possible harm to ordinary investors. The Securities and Exchange Commission has disclosed that it’s conducting a “national ...

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ALBANY — The Securities and Exchange Commission has rejected shareholder proposals from New York’s comptroller that would have asked two major banks to disclose which employees are capable of exposing them to major losses because of their portfolios and bonus ...

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WASHINGTON — For the first time, hedge funds will be allowed to advertise to the general public under a rule adopted Wednesday by federal regulators. The Securities and Exchange Commission voted 4-1 to lift a decades-old ban that prevents hedge ...

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U.S. Court of Appeals for the Second Circuit SEC Barring Officer or Director of Public Company — Patel Factors SEC v. Bankosky 12-2943-cv Judges Walker, Chin and Restani Background: The SEC accused the defendant of engaging in insider trading in ...

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WASHINGTON — Mary Jo White vowed Tuesday to make “bold and unrelenting” enforcement of Wall Street a high priority if she is confirmed chairman of the Securities and Exchange Commission. White, a former federal prosecutor, says investors need to know ...

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The five-year discovery clock starts ticking when fraud occurs, not when the government finds out about it, the U.S. Supreme Court has ruled for cases where the Securities and Exchange Commission seeks civil penalties, Gabelli v. Securities and Exchange Commission, ...

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