Article: Mass. Regulator Wants Robinhood Barred From State

Article - Media, Publications

Mass. Regulator Wants Robinhood Barred From State

Chris Villani, 15 April 2021

Massachusetts’ top securities regulator said Thursday he wants Robinhood LLC barred from doing business in the Bay State, citing the stock trader’s “cavalier” approach to enticing inexperienced investors into risky bets.

Massachusetts Secretary of the Commonwealth William Galvin is seeking to amend an administrative complaint he filed against the California-based company in December, saying the original fine and change of practices he was seeking was no longer sufficient. That was the first enforcement action brought under the state’s new fiduciary rule, which is stricter than regulations imposed by the U.S. Securities and Exchange Commission. Continue reading “Article: Mass. Regulator Wants Robinhood Barred From State”

Subject: Pat Burke

Subject of Interest

Pat Burke is the President, Capital Markets of Canaccord Genuity Corp (Canada). he joined the firm in 2015. Prior to joining, Pat served as Global Head of Equity and Co-Head of Global Investment Banking for Scotiabank. In this role, he was responsible for oversight of equity sales, trading, research, prime brokerage, equity capital markets, equity derivatives and investment banking. Before that he was Managing Director and Head of Canadian Equities for Merrill Lynch, having held various roles of increasing responsibility since 2000. From 1990 to 2000, Mr. Burke worked in institutional equity and fixed income for Bank of Montreal.

Continue reading “Subject: Pat Burke”

Article: Pandemic May Disrupt Discovery In Credit Suisse Forex Case

Article - Media, Publications

Pandemic May Disrupt Discovery In Credit Suisse Forex Case

Dean Seal, 17 April 2020

Counsel for investors and Credit Suisse cited the COVID-19 pandemic Monday when they asked a New York federal judge to push their discovery deadlines in a suit over alleged foreign exchange market manipulation by nine weeks.

In a letter to U.S. District Judge Lorna G. Schofield, attorneys for both sides in the long-running litigation said that in light of the threat to public health posed by the novel coronavirus, as well as the disruptions it has caused in air travel, continued discovery efforts would be risky and exceedingly difficult. Continue reading “Article: Pandemic May Disrupt Discovery In Credit Suisse Forex Case”