SEC Sues Investment Firms, GC Over 'Sham' Oil And Gas Co. <https://www.law360.com/capitalmarkets/articles/2286185?nl_pk=35f19b02-1b5d-4d87-9886-0568d6f0b360&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2025-01-22&read_main=1&nlsidx=0&nlaidx=1> By Sydney Price The U.S. Securities and Exchange Commission has accused a wealth management advisory firm, an affiliate and several of its representatives of defrauding investors by selling prohibited shares of a "sham" oil and gas company, while also accusing the firm's general counsel and chief compliance officer of playing an "active role" in the alleged misconduct. 2 documents attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2286185?nl_pk=35f19b02-1b5d-4d87-9886-0568d6f0b360&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2025-01-22&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2286185?nl_pk=35f19b02-1b5d-4d87-9886-0568d6f0b360&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2025-01-22&read_later=1&nlsidx=0&nlaidx=1>