Month: February 2021

Warren Law Group

Bitcoin Tops $50,000 Per Coin

By Christopher D. Warren / February 16, 2021
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The Wall Street Journal reports Bitcoin reached $50,000 in value today marking a 73% increase over the past year. Warren Law Group is experienced in representing investors and companies in cryptocurrency-based investment vehicles. Call (866) 954-7687 or email info@warren.law for a free consultation today!

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Independent Supervisor to Monitor GBP Capital Following Alleged Ponzi Scheme

By Christopher D. Warren / February 12, 2021
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The SEC will place an independent monitor at GPB Capital following charges related to a massive $1.7 billion Ponzi scheme operated by the firm’s three founders: David Gentile, Jeffry Schneider, and Jeffrey Lash in which 17,000 investors were defrauded. If you have been affected by securities fraud or are under investigation by the SEC or…

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Survey Conducted Concerning Anti-Money Laundering Regulations

By Christopher D. Warren / February 11, 2021
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Regulatory compliance professionals aired their concerns about proposed amendments to Anti-Money Laundering regulations in a survey conducted by the Association of Certified Anti-Money Laundering Specialists. “FinCEN’s proposed definition of an effective compliance program was generally viewed as adequate by respondents, but about three-fifths said more guidance was needed to understand it.” writes Dylan Tokar of…

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SEC Expands Investigative Power

By Christopher D. Warren / February 10, 2021
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The Wall Street Journal reports the SEC has given its staff more power to conduct investigations into suspected wrongdoing, signaling a wider-reaching regulatory presence under the Biden administration. If you have received an investigation letter from FINRA, the SEC, or State regulators, call (866) 954-7687 or email info@warren.law for a free consultation with the securities attorneys at…

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SEC Chairman Casts Doubt on Regulating Retail Investor Activity

By Christopher D. Warren / February 9, 2021
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The Wall Street Journal reports lawmakers, including the SEC, may not have much to act on in the recent surges of Gamestop and AMC stock caused by retail investors, citing lack of market manipulation. If you have been affected by fraud, breach of contract, breach of fiduciary duties, minority shareholder matters, or other issues relating…

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NYC Non-Profits Under Investigation Following Sexual Abuse Allegations

By Christopher D. Warren / February 8, 2021
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The Non-Profit Organizations at the heart of New York City’s homeless shelter network have come under investigation by Mayor Bill de Blasio, responding to a New York Times investigation into sexual abuse allegations against chief executive Victor Rivera. If you have legal questions about existing issues or are in need of continuing counsel regarding your…

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Faced with SEC Regulation, Citadel Hits Back

By Christopher D. Warren / February 5, 2021
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CNN Business reports that Citadel Securities, in response to the SEC’s recent investigation of them due to the GameStop stock bubble, has filed a request to overturn the SEC’s approval of D-Limit, a trading platform started by IEX Group. The request claims that the platform, which limits orders when its algorithms predict imminently changing prices,…

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Reddit User Roaring Kitty Under Investigation by Securities Regulators

By Christopher D. Warren / February 4, 2021
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Keith Gill, a registered securities broker better known by his online persona Roaring Kitty, is currently under investigation via his former employer Mass Mutual according to the New York Times. The MA Securities Division are investigating whether Mass Mutual knew that Gill was touting GameStop stock via his YouTube channel, contributing to the massive short…

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Federal Whistleblowers: Good Deeds Rewarded

By Christopher D. Warren / February 3, 2021
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Federal Whistleblowers: Good Deeds Rewarded by Christopher Warren and Todd Kulkin Whistleblowers—informants in government investigations—are instrumental in revealing crimes and misconduct that otherwise may never come to light. In the securities industry, whistleblowers are a frequent source of information for regulatory agencies and are often the lynchpin of successful government investigations, both state and federal.…

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