Managers at Guggenheim Securities, LLC, a New York City-based unit of Chicago-based Guggenheim Partners, a securities broker-dealer, and investment advisory, attempted to violate whistleblower rules, according to charges filed by the Securities and Exchange Commission (SEC). The result: The SEC has slapped a cease-and-desist order and a $208,912 penalty on Guggenheim Securities. Guggenheim Securities has… Read More >>
Barclays Faced Prior Charges on Alleged Whistleblower Violations
An investigation by New York’s Department of Financial Services (DFS) has resulted in a $15 million fine assessed against Barclays Bank and its New York branch for state whistleblower violations, stemming from alleged attempts by its chief executive officer James Edward “Jes” Staley to identify the author, or authors, of two whistleblowing letters. But the… Read More >>
