According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
New nonvoting shares would let the Meta CEO cover eyed Proposition 40 tax without losing control, in exchange for an eight-year residency pledge
Better Markets’ Benjamin Schiffrin says the change clears a path for interval-fund and accredited-investor rules, but won’t touch daily advisor work.
Proposition 40 wealth tax could raise $30 billion, not $100 billion, as departures erode the base and voters remain split.
Trevor Uhls pleaded guilty to one count of wire fraud and one count of money laundering.
The dispute apparently dates back to deals done ago during the time two advisors worked at Deutsche Bank Securities, or Alex. Brown.
Shorter waits for failed SIE and Series 7 candidates take effect Jan. 19, speeding the path to registration.
Jim Walesa worked in the securities industry for 39 years before leaving in 2021.
Alleged cash payments, stolen client data, and a court that jumped the gun
State regulators secure $4.4 million from two broker-dealers over unreasonable charges on small-dollar retail equity trades.
Principals reportedly took millions more in pay than disclosed
A family's $2M retirement savings trapped in restricted stock they never chose.
$1.7M invested from an inheritance. Then the phone went dead.
The pre-IPO platform sold $430M in units while allegedly rigging prices behind the scenes.
The hundreds of millions of dollars from a sale of Inspired Healthcare properties does not mean an immediate windfall for investors.
Its SEC filings said one thing - a congressional probe said another.
Sham agreements allegedly padded revenue by 345%.
95.8% of house trades were winners. For clients? The SEC says just 14.9%.
