Category Archives: SEC Actions
SEC Adds Miami, FL Company to PAUSE Database; Entity Accused of Soliciting Investors Using Misleading Information
On October 31st, 2018, the Securities and Exchange Commission (SEC) announced the addition of 16 unregistered companies and investment entities the official Unregistered Soliciting Entities (PAUSE) list. This database is provided free to the public, as a tool for investors to help them protect themselves from fraud. Companies and investment entities can be added… Read More »
SEC Awards Nearly $55 Million to Two Whistleblowers
On September 6th, 2018, the Securities and Exchange Commission (SEC) announced two new whistleblower awards. One SEC whistleblower was awarded $15 million for disclosures, and another was awarded more than $39 million — that being the second largest award in the history of the program. At Carlson & Associates, P.A., our Miami SEC whistleblower… Read More »
SEC Proposes Amendments to the Whistleblower Program
The SEC whistleblower program was created in 2010 incentivize securities industry insiders and others who have access to sensitive information to report suspected wrongdoing. To date, the SEC has handed out more than $250 million in whistleblower awards. In addition, the SEC has used the information obtained through whistleblower disclosures to recover more than… Read More »
Dylan Patrick Grayson, Financial Advisor to Pro Athletes, Barred by FINRA
The Financial Industry Regulatory Authority (“FINRA”) has permanently barred Dylan P. Grayson from acting as a broker or otherwise associating with firms that sell securities to the public. On March 4, 2015, Grayson was fired from Merrill Lynch, Pierce, Fenner & Smith after allegations that he used a client’s (Martavis Bryant of the Pittsburgh… Read More »
SEC Charges Two Miami Men With Defrauding Investors
On September 26, 2014, the Securities and Exchange Commission filed a complaint in Federal Court in Miami against Erick Laszlo Mathe and Ashif Jiwa for defrauding investors. The charges stem from their unregistered sale of securities of Vision Broadcast Network, Inc., a start-up television network and production company. The Fraud The complaint alleges that… Read More »
