Judge Tells SEC To Keep Hands Off Smartphone Passwords. Smart Phone Wall Street Journal reporter Jacob Gershman today wrote that a federal judge in Pennsylvania ruled that the Securities and Exchange Commission (SEC) can’t force two former credit-card company employees accused of insider trading to give up their personal passcodes for their work-issued smartphones.
Local investors have accused Cincinnati based money manager Glen Galemmo of running an elaborate Ponzi that could see investment losses of hundreds of millions of dollars. Because Ponzi schemes are not the only danger facing investors as they take greater responsibility of their own portfolios, here are some tips to help you avoid becoming a victim of any investment scam.
In April, the “Jumpstart Our Business Startups Act” (the “JOBS Act”) was signed into law by President Obama. The JOBS Act: Removes the prohibition on general solicitation in connection with transactions effected pursuant to Rule 506 or Rule 144A under the Securities Act of 1933, provided that sales are limited to qualifying investors Alters the …Read More