An investment adviser settled SEC charges for (i) making false statements in advertisements, (ii) advertising misleading model performance, (iii) being unable to substantiate performance shown in its advertisements and (iv) failing to enter into written agreements with people it compensated for endorsements. The adviser also committed recordkeeping and compliance violations.

The U.S. District Court for the District of Nevada entered a Consent Order, resolving CFTC charges that a metals trader engaged in spoofing in the gold and silver futures markets.

Four investment advisers settled SEC charges for advertising hypothetical performance on their websites without adopting policies to ensure that the published information was relevant to the likely financial situation and investment objectives of the intended audience.

The SEC charged a Canadian attorney with selling billions of penny stock shares on behalf of others without registering with the SEC as a broker.

A jury found a biopharmaceutical company employee liable for insider trading. In a Complaint brought in the U.S. District Court for the Northern District of California, the SEC alleged that the employee used confidential information about an impending announcement of the acquisition of his then-employer, to trade ahead of the news.