Reports: U.S. Regulators Probing Bank In Antigua
Multiple media outlets — including Bloomberg News, the Associated Press and Business Week — are reporting that the Securities and Exchange Commission, the Financial Industry Regulatory Authority and the Florida Office of Financial Regulation are investigating Stanford Financial Group. At issue is the extraordinary rate of return advertised by Stanford International Bank Ltd. (SIB), an […]
Bill McCollum, Florida Attorney General, Seeks Tougher Securities Laws, Even As ASD Faithful Work Against Him
While some members of the “Surf’s Up” Pro-ASD forum are sending letters to Sen. Patrick Leahy (D.-Vermont)Â in a bid to get him to endorse Ponzi schemes, Florida Attorney General Bill McCollum is working with legislators to strengthen securities and fraud laws. And McCollum also is working with AARP to strengthen the laws. Last year, […]