Tag Archives: Capital

The Effects of the SEC Shutdown on the Capital Markets

Although EDGAR continues to accept filings, the government shutdown has now eclipsed its 28th day and the SEC continues to operate with limited staff which is having a crippling effect on the ability of many companies to raise money in … Continue reading

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Purchasers of 1st Global Capital Finance Securities in Missouri May Be Able to Recover from Their Brokers

On August 23, 2018, the U.S. Securities andExchange Commission (“SEC”) filed a complaint for injunctive and other relief against 1 Global Capital, LLC (“1st Global Capital”) in the U.S. District Court for the Southern District of Florida alleging, among other … Continue reading

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Capital Purchase Program – Non-Public Financial Institutions

The United States Treasury has released a term sheet for the injection of capital into non-public qualifying financial institutions under the Treasurys Capital Purchase Program, implemented as part of the Troubled Asset Relief Program (TARP). The deadline for submitting applications … Continue reading

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FINRA and SEC Launch Inquiries of Brokerage Firms that Sold GPB Capital Funds

The smoke emanating from the GPB Funds continues to build. As detailed in our post from November, the 1.8 billion-dollar GPB Capital Funds have been raising eyebrows for a few months now. Back in September, Massachusetts Secretary of State William … Continue reading

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Appropriate a Book of Business, Capital or Ordinary Gain?

If an investment advisor is terminated by the bank he works for and the bank keeps the advisors book of business, is the bank compensating the investment advisor for the sale of his book of business or is it paying … Continue reading

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