Posts tagged Securities Laws.
Blogs
3 minute read
On August 20, 2019, the Securities and Exchange Commission (“SEC”) charged Mosaic Capital, LLC, formerly known as AOC Securities, LLC (“AOC”), and its CEO with failing to adequately supervise an employee who engaged in securities fraud. Pursuant to the SEC Orders, AOC and its CEO were ordered to pay penalties of $250,000 and $40,000, respectively. The SEC’s actions serve as a reminder to broker-dealers—and members of firm management—of the potential for liability based on the actions of a self-dealing employee, and the need to guard against such activities.
The ...
Blog Editors
Recent Updates
- Five Cases Health Care and Life Sciences GCs Should Keep Watching in 2026
- Protecting Purchased Goodwill: Sale-of-Business Restrictive Covenants Under National Scrutiny
- Watch: How to Protect Your Business from a Counterparty's Financial Crisis – Speaking of Litigation
- First DOJ DEI False Claims Act Investigation Settlement Fetches $17 Million
- DOJ Creates National Fraud Enforcement Division: What It Means for Fraud Enforcement in America