December 2013 Archives - Going Public Lawyers

Celebrity Broker Bambi Holzer Barred by FINRA

Securities Lawyer 101 Blog Bambi Holzer, an author and former registered broker to numerous celebrities has been barred by Financial Industry Regulatory Authority (“FINRA”). Holzer frequently made television appearances.  Despite her celebrity clients, by September 2013, Holzer was… Read More

SEC Seeks Comment On DTC Proposals

Securities Lawyer 101 Blog On December 18, 2013, the SEC published a notice to solicit comments concerning The Depository Trust Company’s (“DTC”) proposals to specify procedures for securities deposited at DTC for book entry services when it imposes… Read More

SEC Charges Caroline Winsor l Securities Lawyer 101

Securities Lawyer 101 Blog The SEC has charged Caroline Winsor, a Canadian stock promoter, Richard Walchuk, the president and Chief Executive Officer of Viosolar Inc. and Lisa Esposito, a former registered representative, in connection with the manipulation of… Read More

SEC Charges Lance Berger l Securities Lawyer 101

Securities Lawyer 101 Blog According to the SEC, in December 2012, Lance Berger, a stock promoter for several penny stock companies, including FUEG, along with another stock promoter who was a business associate of Berger’s, began discussions with… Read More

The SEC Suspends The Enlightened Gourmet Inc.

Securities Lawyer 101 Blog On December 10, 2013, the Securities and Exchange Commission (the “SEC”) announced the temporary suspension of trading in the securities of The Enlightened Gourmet, Inc. (“ENLG”)  commencing at 9:30 a.m. EST on December 18, 2013… Read More

The SEC Releases 2013 Enforcement Results

Securities Lawyer 101 Blog On December 17, the Securities and Exchange Commission (“SEC”) announced that its newly-invigorated Enforcement Division had brought actions in fiscal year 2013 resulting in a record $3.4 billion in monetary sanctions.  The SEC’s fiscal… Read More

SEC Charges Stock Randy Hamdan and Oracle Consultants

Securities Lawyer 101 Blog On December 10, 2013, the Securities and Exchange Commission (the “SEC”) charged Randy Hamdan and a related entity, Oracle Consultants LLC, with carrying out a pump-and-dump scheme in the securities of CompuSonics Video Corporation…. Read More

SEC Charges MALOM Group with Securities Fraud

 Securities Lawyer 101 Blog The Securities and Exchange Commission filed securities fraud charges against MALOM Group AG, whose name is an acronym for “Make A Lot Of Money”. The SEC alleges that Swiss-based Malom Group AG and other… Read More

SEC Halts Oil And Gas Scheme l Securities Lawyer 101

Securities Lawyer 101 Blog On December 6, 2013, the Securities and Exchange Commission (the “SEC”) announced charges and an emergency asset freeze against the perpetrators of a Texas-based Ponzi oil and gas scheme involving purported investments drilling projects.

How Does A Company Verify Accredited Investor Status?

Verifying Accredited Investor Status in Rule 506(c) Offerings Rule 506(c) of Regulation D of the Securities Act of 1933, as amended allows issuers to engage in general solicitation and advertising of their exempt offering if specific requirements are met…. Read More