Monthly Archives: July 2016

Updated Investor Alert for Seniors: Five Red Flags of Investment Fraud

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Although many believe in upholding the old adage to respect one’s elders, there are others who seek to take advantage of older Americans, targeting them for investment fraud.  Unfortunately, many senior citizens fall victim to these scams if not fully informed.

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Selecting an Expert Witness

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Occasionally, in the event a case requires litigation, legal counsel may request the assistance of one or more expert witnesses.  As specialists in their field, these experts can provide advanced knowledge, skill, experience, training and/or education that can assist with the case, including determining whether or not going to trial is necessary.

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Citigroup Fined by SEC for Providing Incomplete ‘Blue Sheet’ Data

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On July 12, 2016, after undergoing an investigation by the Securities and Exchange Commission (SEC) regarding a computer coding error that caused Citigroup Global Markets to provide the agency with incomplete “blue sheet” information about trades it executed from May 1999 to April 2014, the Manhattan-based investment banking and financial services firm agreed to admit wrongdoing and pay a $7 million penalty, the largest penalty to date for blue sheet violations.

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Filed under Investment Advisers, SEC