Mark Weissman was filling out his federal Paycheck Protection Program application when he was asked if he has a criminal history. The answer was yes, which automatically disqualified his real estate business in Cedarhurst on Long Island. “It was another punch in the...

A former investment adviser who successfully argued before the U.S. Supreme Court that the administrative law judge in his U.S. Securities and Exchange Commission proceedings was appointed unconstitutionally has agreed to pay $25,000 to settle his case with the SEC,...

After a 10-year battle including a Supreme Court case in which he prevailed over the Securities and Exchange Commission, former RIA Raymond Lucia Sr. and his former advisory firm, Raymond J. Lucia Cos., agreed Tuesday to settle charges related to the marketing of...

After eight years of litigation, which went all the way to the Supreme Court, the Securities and Exchange Commission earlier this week said it had reached a settlement with veteran financial adviser Raymond Lucia, who rose to national prominence on his radio show and...

Lucia refused “to bow to an agency with unlimited resources unwilling to admit that its prosecution efforts had become wholly disproportionate to the alleged infraction.” Read the full article  

New Civil Liberties Alliance, the civil rights organization and law firm suing the city of Coral Gables over its use of license plate readers, has taken aim at the city of Marco Island over its plans to put readers on the S.S. Jolley and Goodland bridges. In a letter...

After eight years of litigation with the Securities and Exchange Commission, including a successful U.S. Supreme Court challenge to the appointment process for SEC administrative law judges, the onetime “Buckets of Money” radio host Raymond Lucia has reached a...

Phyllis Borzi, the former assistant secretary of Labor in the Obama administration, criticized some financial services advocacy organizations, including the Financial Services Institute (FSI), for a recent petition arguing that the Securities and Exchange Commission’s...