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2001



December

Illinois Stockbroker Patel Barred From Securities Industry
Survey Finds Most Advisors Provide Estate and Tax Planning
Buffalo Bills Player and Others Defrauded
Risky Plays Make Utilities Mutual Funds The Worst-Performing
Art Institute of Chicago Accuses Hedge Fund Manager of Fraud
Merrill Lynch to Pay Unilever $105 Million For Underperforming Market Performance Returns
CSFB To Pay $100 Million Fine to SEC and NASD To Settle Twin IPO Abuse Investigations
Merrill Lynch On Trial For Trailing Market Performance Returns

November

SEC Bars Former Geneva Securities Officers Eisenmenger and Messenger
Hedge Fund Manager Berger Ordered to Repay $20 Million

October

Illinois Brokerage Firm Bilks Customers Out Of $11 Million

September

CFTC Charges LA Commodity Broker With Fraud
Customers Settle for Millions Against Merrill Stockbrokers

August

Stockbroker Wins $27 Million Award Over Wrongful Termination
Morgan Stanley Tech Stock Analyst Sued

July

NFA Issues $43 Million Award Against Refco Inc., Its Broker and Jay Goldinger
NASD Arbitrators Award Investor Commissions and Attorneys' Fees Even Though Account Profitable
Merrill Lynch Settles Suit Involving Internet Stock Analysts Sued
SEC Issues Alert on Analysts' Reports

June

NASD Arbitration Panel Awards Investor Commissions and Attorneys' Fees even though Account Profitable

May

Arbitrators Order Merrill Lynch to Pay Investor $1.5 Million in Punitive Damages
Some Firms Unaware of Privacy Compliance Deadline
Millennium Securities Agrees to Cease Operating as a Brokerage Firm
Josephthal & Co. Fined for Alleged IPO Sales Violations
NASD Regulation Board of Governors Approves Publishing for Comment A Rule Interpretation on Transfer of Customer Accounts
Insurance Industry Seeks Simple, Uniform Privacy Compliance Program
Futures Act Provides Certainty for Bank Products
SEC Alleges Trio Bilked Investors Out of $10 Million in "Prime Bank" Scheme
NASDR Censures and Fines Stifel, Nicolaus & Company and Brokers Over Fund Share Classes

April

H&R Block Financial Advisors (Formerly Olde Discount) Sanctioned For Late Filings of Broker Complaints, Hiring and Firing Notices

March

SEC Charges Broker In Ponzi Scheme
NASD Issues Guidance Regarding Online Investment Recommendations
Broker Charged In Embezzling
Regulators Investigate Nevis Investors
TD Waterhouse Will Pay Fine Over Online Outages

February

NASD Finds That Annuity Advertisements Deceive Public
SEC Sues 10 in Stock Scheme Relating to Systems of Excellence, Inc.

January

SEC Fines Prudential Insurance Co. in Broker Oversight Case
SEC Price Study Finds NASDAQ Is Costlier Than NYSE














   
 
 
 
 



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Sponsored by James J. Eccleston, an attorney representing stockbrokers, financial planners and investors nationwide in arbitration, litigation and regulatory matters, and a shareholder with the law firm Shaheen, Novoselsky, Staat, Filipowski & Eccleston P.C.(www.snsfe-law.com). This Web site contains material of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice. Always consult an attorney and/or investment advisor when building and protecting your wealth.

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