Publications

Proposed Legislation to Shield Charities from Fraudulent Conveyance Claims Provides Unnecessary Relief and Harms Fraud Victims

Wiand Guerra King, P.L. Attorneys Burton W. Wiand, Michael S. Lamont, and Jordan D. Maglich Published the Article, Proposed Legislation to Shield Charities from Fraudulent Conveyance Claims Provides Unnecessary Relief and Harms Fraud Victims, in […]

SEC Releases Report On Municipal Securities Market, Calls On Congress For Legislation

On July 31, 2012, the SEC released a long awaited report on the $3.7 trillion municipal securities market. The SEC recognized that the more than one million municipal bonds outstanding are the bedrock for a […]

“SEC Amends Net Worth Standard For “Accredited Investors”

SEC rules exempt the registration of private securities offerings when sales are made to a limited number of “accredited investors.” One way investors qualify as accredited is by meeting a net worth threshold, alone or […]

Federal Judge Rejects Proposed $285 Million Settlement Between SEC And Citigroup

In a sharply-worded order, a federal judge rejected the proposed $285 million settlement between the Securities and Exchange Commission (“SEC”) and Citigroup over a collapsed $1 billion mortgage-bond fund. Ruling that the boilerplate “neither admit […]

An Outline For Transitioning From Wire-House Broker To Independent Investment Adviser

When one chooses to depart from a wire-house brokerage firm to solely provide independent investment advisory services, having a clear plan to establish the steps to establish your new business is an absolute necessity. Also […]

Banks Face Increasing MBS Litigation Risks

On September 2, 2011, the Federal Housing Finance Agency, as conservator for Fannie Mae and Freddie Mac, sued 17 financial institutions, including Bank of America, Goldman Sachs and Morgan Stanley, in connection with mortgage-backed securities […]

Wiand Guerra King Associate Starts Website Tracking Ponzi Schemes

Jordan D. Maglich, an associate at Wiand Guerra King P.L., recently launched a website that focuses on tracking Ponzi schemes. The free site, www.ponzitracker.com, is intended to function as an educational resource for those interested […]

FINRA Launched A New Disciplinary Actions Database

On May 16, 2011, the Financial Industry Regulatory Authority (FINRA) launched a new Disciplinary Actions Database, a web-based tool to allow the public to access documents from disciplinary actions issued during 2005 or later. Previously, […]

Where Are Victim’s Rights Under The FCPA?

The Foreign Corrupt Practices Act (“FCPA”) criminalizes bribery of foreign officials and institutes standards governing record-keeping and accounting practices. Enacted in 1977, the FCPA was used sparingly at first, with an average of just […]

Newly-Revised FINRA Discovery Guide Takes Effect May 16, 2011

FINRA has announced that the SEC has approved a revised Discovery Guide (the “Guide”) applicable to customer cases in FINRA securities arbitration cases [1]. These changes, which will apply to claims instituted after May […]