Tag Archives: Cherry-Picking Trades

Financial Adviser Charged with Fraud for Cherry-Picking Trades and Misleading Investors

The Securities and Exchange Commission (SEC) recently announced fraud charges against Laurence I. Balter, a financial adviser based in Hawaii. The charges were brought in relation to operations Balter conducted through his investment firm, Oracle Investment Research. According to the allegations, he ‘cherry-picked’ successful trades and assigned them to his own personal account and… Read More »