Industry

House arrest and fine for bizarre tax-evasion scheme

Clarke and Mary Margaret Webster of Ottawa, Ontario, pleaded guilty in the Superior Court of Justice in Ottawa on January 7, 2013 to one count each of tax evasion, bringing to a close a “preposterous” scheme to sidestep the law.

By Staff |January 14, 2013

1 min read

NASAA proposes uniting custody and recordkeeping rules

NASAA is proposing to change a discrepancy in these two rules.

By Staff |January 14, 2013

1 min read

Banks enlist cyberspy agency to prevent attacks

In a sign that cyber attacks are becoming more damaging and sophisticated, top banks in the U.S. have enlisted the help of the ultra-secretive National Security Agency, reports The Washington Post.

By Staff |January 11, 2013

1 min read

Broker dates client, pockets cash

Bill Singer of Forbes.com has dug up an amusing FINRA enforcement document detailing the misdeeds of a stockbroker who dated a customer and made off with cash she gave him for investment purposes.

By Staff |January 11, 2013

1 min read