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Jury convicts 5 people of selling worthless stock

...million worth of unregistered stock and targeting poor investors who weren't qualified to purchase shares. Under federal securities law, a person must have a net worth of at least $1 million or an annual income of $200,000 for the past two...

http://chronicle.augusta.com/news/2013-05-15/jury-convicts-5-people-selling-wort
Judge dismisses SEC case against former brokers; SEC to refile

...from market timing activities," according to the complaint. The SEC complaint alleges the brokers violated federal securities law and that Shannon "substantially assisted" the brokers by, among other things, approving market timing trades...

http://chronicle.augusta.com/stories/2004/06/16/fin_419086.shtml
Finance
Fund investigation raises thorny issues for prosecutors

...this is part of a broader trend we've seen over the last two or three years to criminalize the enforcement of federal securities law," said Stephen Crimmins, a former deputy chief litigation counsel at the SEC now in private practice at Pepper...

http://chronicle.augusta.com/stories/2003/12/22/fin_394070.shtml
Finance
Some say stale pricing the real issue in mutual fund world

...disappointed that regulators haven't moved against stale pricing. He thinks some types of stale pricing violate federal securities law, and said regulators should have sued Putnam for that, not fraud. "I'm still quite disappointed that the...

http://chronicle.augusta.com/stories/2003/11/11/fin_390500.shtml
Finance
Regulators bring civil charges against former Prudential brokers

...late day volume of trades and exchanges," the complaint states. The SEC complaint alleges the brokers violated federal securities law and that former branch manager Robert Shannon "substantially assisted" the brokers by, among other things...

http://chronicle.augusta.com/stories/2003/11/05/bus_388522.shtml
Business
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