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Broker Pleads Guilty to ‘Pump & Dump’ Scheme

September 12, 2018 by Louis Chunovic

Broker Pleads Guilty to ‘Pump & Dump’ Scheme

Michael Morris, a registered broker and managing director of New York-based Halcyon Cabot Partners, Ltd., has pled guilty in Brooklyn federal court to one count of conspiracy to commit securities fraud for his participation in a 2013 $86 million market manipulation scheme involving the publicly traded company CodeSmart Holdings, Inc. Morris faces a maximum of… Read More >>

Filed Under: Securities Operations, Case Studies, Data Management, Operational Risk, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: CodeSmart, Craig Josephberg, DOJ, FINRA, Halcyon Cabot Partners, market manipulation scheme, Michael Morris, Ronald Heineman, securities fraud

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