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You read your junk mail?
Gotta' link for that? Thanks
Who? lol
DHSM - No mention of Connolly. GL
A link? No. Just workin' the Google on the Internet Machine. Connolly is on the hook now.
Oppenheimer should be forced to eat Post-Its.
http://wqad.com/2014/09/19/post-it-note-eating-insider-trader-pleads-guilty/
DHSM - 300:1 F/S is feasible with these jokers. IMO
DHSM - Collaboration? How uninteresting (sarcastically).
DHSM - The new one, old one, or the old-old one?
Probably dead, scammy, pump-and-dump tickers with no shorts. lol
Oppenheimer Holdings beset by regulatory investigations
http://www.investmentnews.com/article/20140805/FREE/140809974/oppenheimer-holdings-beset-by-regulatory-investigations
Regulatory expenses cut into the bottom line at Oppenheimer Holdings Inc. as the firm said it had set aside more than $12 million in the second quarter in light of investigations by the SEC, Finra and the Treasury Department.
The firm's private client group, which has around 1,370 financial advisers, continues to face scrutiny over sales of penny stocks by several financial advisers from 2008 to 2010. Meanwhile, regulators have opened additional inquiries into sales of leveraged and inverse exchange-traded funds and potential lapses in supervision related to a former financial adviser, according to its most recent quarterly report.
As a result, Oppenheimer reported on Friday that its pretax profit had fallen to $7.6 million in the second quarter, a 51% decline compared with the same quarter of last year.
An outside spokesman for the firm, Stefan Prelog, said the firm declined to comment.
The $12 million charge stems primarily from the continued fallout from the sale of penny stocks by seven brokers in five branches from 2008 to 2010, the firm reported.
The brokers fraudulently traded over one billion shares of low- priced securities, according to an order issued by the Financial Industry Regulatory Authority Inc.
Last August, Oppenheimer paid $1.4 million to Finra to settle those allegations, but said that at least two SEC investigations from 2010 and 2011 had yet to be resolved.
The firm said it is expecting one or more enforcement actions to result in “significant charges against earnings” in the first quarter, in addition to the $12 million set aside last quarter.
In February, the Treasury Department Financial Crimes Enforcement Network, FinCEN, also sent a notice that it was investigating violations of the Bank Secrecy Act, which outlines anti-money-laundering requirements for financial firms.
With the additional $12 million set aside, Oppenheimer said it would be “fully reserved against potential liability arising out of the SEC and FinCEN matters.”
Separately, in May, Finra sent a separate Wells Notice to Oppenheimer asking the firm to explain why it should not be charged with failing to supervise a former financial adviser in addition to late Finra U4 and U5 filings and record retention.
The filing did not provide details about the broker.
In March, however, the SEC brought action for insider trading against a former Oppenheimer broker, Vladimir Eydelman, who had worked at the firm from 2011 to 2012 before joining Morgan Stanley. Although the firm was not named, the SEC said that Eydelman was able to make at least 11 insider trades after Oppenheimer's compliance department said it had begun looking into the matter.
Oppenheimer said at the time that it was continuing to cooperate with investigators and conduct its own probe into any lapses in supervision.
In a third matter, Oppenheimer said that for several quarters, Finra had been sending information requests regarding the sale of leveraged and inverse ETFs.
“Several Oppenheimer employees have provided on-the-record testimony in connection with the investigation,” the firm wrote in its earnings report. “Oppenheimer is continuing to cooperate with the investigating entities.”
The firm did not report setting aside funds specifically for either the rogue broker or ETF investigations.
Oppenheimer has faced similar inquiries prior to the $1.4 million Finra fine. In 2005, the firm paid fines totaling nearly $4.15 million to the New York Stock Exchange and FinCEN for alleged failures in the firm's anti-money-laundering program. The firm has made all settlements without admitting or denying the findings.
In 2010, "TC" sold IMAI shares through Oppenheimer leading to the 2013 FINRA action. The 2014 SEC action states, "Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s revenues." One thing leads to another, or a self-fulfilling prophesy?
SEC investigating top Oppenheimer executive
http://www.investmentnews.com/article/20141210/FREE/141219994/sec-investigating-top-oppenheimer-executive
Firm's head of retail, Robert Okin, resigned last week
Dec 10, 2014 @ 1:53 pm
By Bruce Kelly
The head of retail brokerage at Oppenheimer & Co., who resigned on Friday, is facing an investigation by the Securities and Exchange Commission.
Robert Okin resigned from Oppenheimer to pursue other interests, according to a report from Reuters.
Mr. Okin was told in October by the enforcement division of the SEC that it had made a preliminary determination that it would charge him for violating securities laws, specifically failure to reasonably supervise.
Albert Lowenthal, chairman and CEO of Oppenheimer Holdings Inc. (USA), the parent of the retail brokerage, did not return a call on Wednesday afternoon seeking comment.
Mr. Okin was a top executive at Oppenheimer and had $1.14 million in total compensation last year, according to Oppenheimer Holdings' proxy statement. He could not be reached for comment.
On his BrokerCheck report, he denied any violations of the Securities Exchange Act and stated that he “intends to vigorously defend himself in the event that such charge is filed.”
Based in New York, Oppenheimer has about 100 offices and 1,350 brokers. Oppenheimer Holdings produced $1 billion in total revenues in 2013 and a net profit of $25 million.
Oppenheimer Holdings earlier this year disclosed it was being investigated by multiple enforcement agencies for issues related to money laundering and penny stocks.
11/20/14 - Effingham IDA consideration of Moon River Studios development schedule.
http://www.effinghamindustry.com/wp-content/uploads/11-20-14_Agenda.pdf
all officers and directors were listed with a GA address the last time DHSM filed.
When you say "all", are you referring to two or more? Also, do you hope it was the last time the DHSM filed, or do you concede that it will not be the last? Please feel free to remind people that DHSM is a pump-and-dump scam in your response. Thanks & GL
Worth a little speculation?? You need to control your MDNT enthusiasm. lol. GL
Maybe they will have some limited success?? Don't sound so optimistic lol. Perhaps AllerganMan would be a more fitting alias for you.
DHSM - Probobly gearing up for another nano-conglomerate. lol
Was wondering that myself.
http://www.effinghamindustry.com/wp-content/uploads/10-23-2014_Agenda.pdf
2011 DHSM umbrella DD!
Volume died with the DTCC Global Lock. GL
Great DD! Need some more volume though. lol
Sorry, but DHSM has never traded at .0001. GL
DHSM - Thanks for the clarification on the scammers. lol.
That's a nice looking checklist you have there, but your sum may be incorrect. GL
Which crooked scammers would those be? Oppenheimer or Etrade? You forgot about the "pump-and-dump". GL
DHSM - Never been a shell.
DHSM/IMAI UNREGISTERED SHARES - Who sold em'? Oppenheimer...Etrade? I wonder if those margin accounts still exist. GL
DHSM - 2011 was easy pickins' for "institutional investors". I prefer high-hanging fruit.
Who are you talking about?
The company had 17 postings for jobs listed on the Effingham Chamber of Commerce job Website — www.effinghamjobs.com — with more listings expected in the next few days.
http://effinghamjobs.com/company/Moon+River+Studios%2C+Inc./
Electricians
Production Accountants
On Set Dressers
Seamstresses / Tailors
Construction Utility Technicians
Construction Buyers
Production Assistants
Construction Coordinators
Assistant Prop Masters
Assistant Make Up Artists
Assistant Hair Stylists
Set Medics
Craft Services Assistants / PAs
Location Scout Assistants
Casting Associates
Assistant Production Office Coordinators
Production Coordinators
Game over doesn't bode well for the DHSM "journalist". GL
DHSM - Oppenheimer spreading their wings. lol
Oppenheimer must be spreading their wings.
European regulators? Seriously? lol
DHSM - What's the new Oppenheimer case about? $12 million.