NASD, SEC and Regulatory Defense Blog

This blawg is "dedicated to securities and regulatory defense trends and issues."

Author: Michael MacPhail is of counsel at Holland & Hart in Denver. Holland & Hart is also behind Health Care Law Blog.

Blawg Related Categories: Corporate Law • Corporate Compliance • Criminal Justice • White Collar Crime • Securities Law

The Subprime Crisis: A Major Shift in Priorities for the SEC
Caught flatfooted by the meltdown in the subprime mortgage market, the SEC belatedly is investigating whether any wrongdoing occurred. The origin of the subprime crisis is worth revisiting. In a business environment featuring increasing home…
HOW TO ACHIEVE A LENIENT SETTLEMENT WITH THE SEC
A recent settlement in an SEC case against an attorney accused of engaging in an illegal scheme to “pump and dump” the shares of a microcap company demonstrates the value of persistence and good lawyering…
SEC Examinations: A More Hostile Approach?
The SEC examination staff’s use of a new letter request directed to registered investment advisers signals a more hostile approach to industry participants, and raises the risk of unjustified adverse findings of deficiency. There are…
Brookstreet Securities Collapse: Where Were the Regulators?
The recent collapse of Brookstreet Securities raises serious questions about the efficacy of regulation by the SEC, the NASD and state regulators. In late June, Brookstreet fell below net capital requirements and shut it doors…
Is Your Qualified Intermediary a Thief?
Someone once asked Jesse James why he robbed banks, to which he responded “because that’s where the money is!” Recent events demonstrate that, like James, certain qualified intermediaries involved in so-called “1031 Exchanges” are unable…