Securities
Nov. 11, 2009
SEC Cracks Down on Lax Oversight
Federal regulators took the rare step Tuesday of charging a San Francisco brokerage firm with "failing to reasonably supervise a broker."
By Gabe Friedman
Daily Journal Staff Writer
The Securities and Exchange Commission took the rare step Tuesday of charging a San Francisco brokerage firm, its founder and former general counsel with "failing to reasonably supervise a broker."
The firm, Merriman Curhan Ford & Co., previously employed the broker that helped William "Boots" Del Biaggio III forge documents used to purchase the Nashville Preda...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In