Frank Perkins Hixon Jr., 55, was sentenced in federal court in Manhattan by Judge Ronnie Abrams. The government said Hixon generated a $260,000 profit by trading on information he knew because he headed an Evercore team advising on a deal by a liquid storage company to sell off some assets. Evercore fired Hixon in January after investigating his trades.» Read More
Follow these rules and you'll greatly reduce the chance that you financial adviser turns out to be a disaster, or, worse, a crook.
Michael Fertik, Reputation.com founder & CEO, discusses the fast way to protect yourself from online cyber attacks.
CNBC's Eamon Javers reports the U.S. government will award Bradley Birkenfeld $104 million for information he provided about Swiss bank, UBS.
State securities administrators listed four new types of fraud among their annual list of investor threats, including crowdfunding scams and gold-related ripoffs.
Discussing the impact of the Libor scandal; the pending fiscal cliff; low mortgage rates; and the Fed's next move, with Doug Dachille, First Principles Capital Management CEO & chief investment officer.
CNBC's Gary Kaminsky discusses insider trading, bribery and derivatives manipulation on Wall Street, with Bruce Karpati, SEC asset management enforcement co-chief.
The IRS inspector general is releasing new information on identify theft. CNBC's Eamon Javers reports.
A new IRS report indicates identity theft is a bigger and more expensive problem than anyone ever thought. CNBC's Eamon Javers reports the details.
Who are some of these white collar fugitives and what did they do to attract the FBI’s attention? Find out.
CNBC's Gary Kaminsky reports the former founder of Broadband Research, John Kinnucan is expected to plead "guilty" in an insider trading case.
Sen. Charles Grassley, (R-IA), discusses a bipartisan bill that would give regulators more power to impose harsher fines for misconduct on Wall Street.
Attorney Dennis Kearney describes how Solomon Dwek would launder money through the Deal Yeshiva, a Jewish Day School in New Jersey.
Surveillance video of Solomon Dwek and Vincent Tabbachino, the former Guttenberg, New Jersey councilman who plead guilty to money laundering and was sentenced to a 41-month prison term.
CNBC's Gary Kaminsky and David Greenberg, NYMEX independent trader, take a look at securities fraud and offer solutions on how to avoid another scandal.
CNBC's Rick Santelli speaks with William "Porter" Boggess, Monongahela Capital Management on restoring faith in trading futures, and weighs in on the "truth" in securities law.
CNBC's Scott Cohn reports Anil Kumar will pay a $25,000 fine in connection with the Galleon insider trading case.
Go on the hunt to catch the most wanted white-collar fugitives!
Short selling is never going to be a wildly popular investing practice, but it is perfectly legal and essential for the proper function of the capital markets. I asked a biotech short seller for his thoughts on why long investors seem so hostile to short sellers and whether this animosity will compel short sellers to be even more reluctant to voice their opinions publicly.
When top analysts change their opinions about the companies they cover, do the big hedge funds get the information first? Gretchen Morgenson, New York Times, offers insight.
Former SEC Chairman Harvey Pitt provides perspective on JPMorgan's trading blunder and whether criminal charges are possible.