September 2016

UBS Fined $15 Million In Structured Note Case
The SEC alleged that the bank made unsuitable sales of reverse convertible notes.

How Sales Targets Encourage Wrongdoing Inside America's Companies
Wells Fargo is the latest company to see the incentivizing of employee performance go terribly awry.

'Whiz Kid' Lied To His Stock Newsletter Subscribers, SEC Says
Manny Backus wasn't a whiz at all and didn't even trade in the stocks he promoted, the SEC charges.

NBA Great Tim Duncan's Former Advisor Charged With Fraud
Duncan filed suit against the advisor earlier this year, claiming he was cheated out of $25 million.

SEC Fines Two Firms Over Trade-Away Costs
Robert W. Baird & Co. and Raymond James & Associates agreed to settle over trade-away costs.

Two Former Nicholas Schorsch Employees Charged By SEC
Two executives of the former American Realty Capital Properties are charged with securities fraud by the SEC.