Posts Tagged ‘Carmel Milazzo Feil LLP’
Carmel, Milazzo & Feil LLP Files Lawsuit Against Downing Partners, LLC, 3si Systems, LLC, David Wagner, Michael Shaut and Others Alleging an Employment and Investment Ponzi Scheme
New York, June 7, 2016 – The securities law firm of Carmel, Milazzo & Feil LLP announced today that it has filed a lawsuit against the venture capital firm of Downing Partners, LLC, Downing Investment Partners, LP, and its affiliated entities, including, 3si Systems, LLC, (collectively, “Downing”) and its principals David Wagner, Michael Shaut, Richard…
Read MoreWhistleblower Earns $3.5 Million Award for Bolstering Ongoing Investigation
The Securities and Exchange Commission today announced a whistleblower award of more than $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case. The SEC noted that whistleblowers should be encouraged to come forward and report allegations of potential securities laws violations even…
Read MoreRoss David Carmel, Esq., Partner at Carmel, Milazzo & Feil LLP discusses the impact of the DOL fiduciary rule on small broker dealers and how to address the new standards in InvestmentNews
http://www.investmentnews.com/article/20160504/BLOG09/160509969/the-dol-fiduciary-rules-effect-on-small-broker-dealers not assigned Carmel Milazzo Feil LLP | cmf
Read MoreFINRA Seeks to Require Registration of Persons Who Develop Algorithmic Trading Strategies
FINRA has filed a proposed rule with the Securities and Exchange Commission (“SEC”) that would require associated persons of FINRA member firms who are responsible for the design, development or significant modification of an algorithmic trading strategy to register with FINRA. The proposed rule would also require the registration of persons who are responsible for…
Read MoreCredit Suisse Refuses to Pay Deferred Compensation to Brokers
In the fall of 2015, Credit Suisse announced that it intended to wind down its United States private banking operations. Shortly thereafter, Credit Suisse announced that it had entered into an exclusive recruiting arrangement with Wells Fargo that would allow Credit Suisse’s brokers, and their clients, to move to Wells Fargo by early 2016. Due…
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