March 24, 2021
Guy Gentile
Stories this photo appears in:
Bahamians conflict on broker’s US client pull
Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.
SEC claiming 'intimidation' of Bahamian whistleblower
US regulators have accused the principal of a now-defunct Nassau broker/dealer of seeking to intimidate a Bahamian whistleblower and "threaten his livelihood".
Whistleblower secretly taped broker meetings
A Bahamian whistleblower secretly recorded an executive meeting at a now-defunct Nassau broker/dealer whose principal continues to battle US federal regulators in the Florida courts.
Bahamian whistleblower accused of ‘fabrication’
A Bahamian whistleblower has this week been accused of “fabricating” evidence critical to a case brought by US federal regulators against a former Nassau-based broker/dealer.
Auditors could not verify FBI bait broker’s $1.5m
Auditors for a Bahamas broker/dealer once used as ‘bait’ by the FBI refused to give its last accounts a clean bill of health because they were unable to verify the existence of $1.5m held with other financial institutions.
Broker’s lawsuit dismissal fails over Bahamas whistleblowers
A Bahamian broker/dealer’s principal, who once acted as FBI “bait”, has failed to dismiss a lawsuit by US federal regulators who he claims improperly obtained 44,000 pages of evidence from two locally-employed whistleblowers.
Court backs regulator’s FBI ‘bait’ broker wind-up
The Securities Commission’s intervention to “nip in the bud” conduct by a Bahamian broker/dealer once used as FBI “bait” was yesterday vindicated by a Supreme Court judge.
Ex-Bahamas broker in new US accusations
A former Bahamian broker/dealer, which held the Securities Commission at bay for more than a year, has been charged with making “millions of dollars” through violations of US federal law.
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