Individual US State Securities Regulatory Agencies

Friday, August 1st, 2014

The Securities and Exchange Commission (SEC) is the primary governmental agency that oversees the securities industry. The mission of the SEC is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. However, they are not the only agencies who help protect investors, each state has a regulatory agency.

US states have their own securities laws and regulations. State regulatory agencies are dedicated to protecting investors and enforcing theses laws. In addition, they license financial professional and register securities. Although state regulators do not provide financial advice, they investigate investors complaints, and many provide educational resources and programs. Below you will find the link to each states securities regulatory agency’s website.

Alabama                       Montana
Alaska                            Nebraska 
Arizona                         Nevada
Arkansas                      New Hampshire 
California                     New Jersey 
Colorado                      New Mexico
Connecticut                New York
Delaware                      North Carolina 
Florida                          North Dakota
Georgia                         Ohio
Hawaii                           Oklahoma 
Idaho                             Oregon 
Illinois                          Pennsylvania
Indiana                         Rhode Island
Iowa                               South Carolina
Kansas                           South Dakota
Kentucky                      Tennessee
Louisiana                      Texas
Maine                             Utah
Maryland                     Vermont
Massachusetts           Virginia
Michigan                      Washington
Minnesota                   West Virginia
Mississippi                  Wisconsin 
Missouri                       Wyoming 

The foregoing information is being provided by The White Law Group.  The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.  For a free consultation with a securities attorney, please call the firm’s Chicago office at (312)238-9650.

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Donna Tucker charged by SEC for allegedly running Ponzi scheme

Friday, August 1st, 2014

According to reports, the Securities and Exchange Commission charged a former UBS broker for allegedly defrauding several elderly clients as part of a five-year Ponzi scheme.

The SEC claims Donna Tucker misappropriated more than $730,000 from her clients from January 2008 until April 2013, while she was at UBS. She allegedly used the money to pay for vacations, three cars, clothing and a country club membership, while misleading clients about the status of their funds.

Ms. Tucker resigned from UBS in April 2013 while the firm was investigating customer complaints of misappropriated funds.

According to her FINRA BrokerCheck, FINRA barred Ms. Tucker in September 2013.

The White Law Group is investigating the liability that UBS may have for Ms. Tucker’s actions.  Brokerage firms are required to adequately supervise their representatives to ensure that they are complying with securities rules.  If a broker-dealer fails to adequately supervise one of its agents, the firm can be held responsible for the resulting losses in a FINRA arbitration claim.

If you suffered losses investing with Donna Tucker and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on the firm, visit http://www.whitesecuritieslaw.com.

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Recovery of Staffing Group Investment Losses

Friday, August 1st, 2014

According to a press release from the U.S. Attorney’s office, Matthew Bell was indicted on charges of securities fraud in connection with an alleged $300 million market manipulation scheme in four publicly traded companies.

According to the press release, the indictment alleges that between October 2012 and July 2014 that the defendants and others orchestrated two “pump and dump” schemes, defrauding investors in the public companies: CodeSmart, Cubed, StarStream and Staffing Group. In order to artificially control the price and volume of shares in those companies, they coordinated their trading activity and concealed their own ownership interests in those companies.

The White Law Group is investigating the liability that Bell’s employers may have for his actions.  Brokerage firms have a legal responsibility to adequately supervise the business activities of their employees. If a broker engages in a scheme that misleads clients the brokerage firm that employs them may be liable for negligent supervision.

If you were a client of Matthew Bell and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312-238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. Our offices are located in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit the firm’s website at www.WhiteSecuritiesLaw.com.

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Recovery of StarStream Investment Losses

Friday, August 1st, 2014

According to a press release from the U.S. Attorney’s office, Matthew Bell was indicted on charges of securities fraud in connection with an alleged $300 million market manipulation scheme in four publicly traded companies.

According to the press release, the indictment alleges that between October 2012 and July 2014 that the defendants and others orchestrated two “pump and dump” schemes, defrauding investors in the public companies: CodeSmart, Cubed, StarStream and Staffing Group. In order to artificially control the price and volume of shares in those companies, they coordinated their trading activity and concealed their own ownership interests in those companies.

The White Law Group is investigating the liability that Bell’s employers may have for his actions.  Brokerage firms have a legal responsibility to adequately supervise the business activities of their employees. If a broker engages in a scheme that misleads clients the brokerage firm that employs them may be liable for negligent supervision.

If you were a client of Matthew Bell and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312-238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. Our offices are located in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit the firm’s website at www.WhiteSecuritiesLaw.com.

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Recovery of Cubed Investment Losses

Friday, August 1st, 2014

According to a press release from the U.S. Attorney’s office, Matthew Bell was indicted on charges of securities fraud in connection with an alleged $300 million market manipulation scheme in four publicly traded companies.

According to the press release, the indictment alleges that between October 2012 and July 2014 that the defendants and others orchestrated two “pump and dump” schemes, defrauding investors in the public companies: CodeSmart, Cubed, StarStream and Staffing Group. In order to artificially control the price and volume of shares in those companies, they coordinated their trading activity and concealed their own ownership interests in those companies.

The White Law Group is investigating the liability that Bell’s employers may have for his actions.  Brokerage firms have a legal responsibility to adequately supervise the business activities of their employees. If a broker engages in a scheme that misleads clients the brokerage firm that employs them may be liable for negligent supervision.

If you were a client of Matthew Bell and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 312-238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. Our offices are located in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit the firm’s website at www.WhiteSecuritiesLaw.com.

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