Tag: SEC

  • Pharmaceutical Hedge Fund Manager Gets SEC Security Violations & Fraud

    Wannabe pharmaceutical hedge fund manager Martin Shkreli gets charged with several violations from the SEC.  Martin gets charged with violations of the 1933, 1934, 1940, and Exchange Act.  Hedge fund manager made several mistakes and tried to hide them. Some of the violations include: Misappropriation of moneys for food, clothing, medical, office rent, and cash…

  • SEC Pops Greedy EB-5 Lawyers

    EB-5 is quite popular here in the Los Angeles area.  Most of the construction downtown Los Angeles is from Chinese EB-5 money.  It definitely attracts multiple participants because of the money involved.  Although there is big money to be made in EB-5, it is highly regulated and difficult to successfully do. EB-5 is a way…

  • SEC Investigates Pre-IPO Secondary Market

    With all these Unicorns lately, the market for private stock has been getting hot.  The SEC has alleged that NetCirq has violated federal securities laws regarding transactions involving Pre-IPO companies, swaps, and registration requirements.