Investor Alert: SEC Warns of Government Impersonators

Apr 28, 2010
SEC staff are aware of a number of ongoing investment scams in which con artists have used the names of real SEC employees to trick victims, including non-U.S. investors, into giving the fraudsters access to their brokerage accounts, revealing private information, and even sending the perpetrators money and other assets. Impersonation of U.S. Government agencies and employees (as well as of legitimate financial services entities) is one of several characteristic features of advance fee fraud solicitations and other fraudulent schemes. Even where the fraudsters do not request that funds be…

Investor Warning Relating to Eric V. Bartoli, Enrico Orlandini, and DT Analysis a/k/a and Dow Theory Analysis SAC

Apr 14, 2010
The staff of the Securities and Exchange Commission (SEC) has received credible information suggesting that an individual named Eric Bartoli, who was previously sued by the SEC for securities fraud, may currently be located in Peru and engaged in securities solicitations of investors, using the alias Enrico Orlandini.

Investors Beware of Phony SIPC “Look-Alike” Website Targeting Madoff Victims

Mar 9, 2010
The SEC is warning investors about a website that falsely claims that $1.3 billion in Madoff money has been found in Malaysia and encourages individuals to submit information to verify that they are on a refund list. The website was created as a fake mirror image of the Securities Investor Protection Corporation’s (SIPC) website.

Information Concerning Malaysian Restitution Fund for SwissCash Investors

Dec 22, 2009
This Alert concerns a restitution fund established by the Securities Commission Malaysian (“Malaysian SC”) in a settlement involving various entities operating under the name “Swisscash”, including “Swiss Mutual Fund (1948),” and through websites encompassing variations on the names “Swisscash” and “SwissMutualFund.”

SEC-FINRA Investor Alert on Leveraged and Inverse ETFs

Aug 18, 2009
The SEC staff and FINRA are issuing this Alert because we believe individual investors may be confused about the performance objectives of leveraged and inverse exchange-traded funds (ETFs).

Information for Stanford Investors

Mar 12, 2009
On March 12, 2009, U.S. District Court Judge David C. Godbey issued an order at the request of Stanford court-appointed receiver Ralph S. Janvey unfreezing approximately 16,000 Stanford investor accounts at Pershing LLC and J.P. Morgan Clearing Corp., unless an exception described in the order applies.