Posts belonging to Category Securities America



How Much did Securities America Really Know about Problems at Medical Capital Holdings?

Posted by Page PerryonAugust 24, 2009
 

According to a recent article in InvestmentNews, a former executive of Securities America feared a “panicked run on the bank” for clients who held securities issued by Medical Capital Holdings Inc. On July 16, the SEC charged Medical Capital Holdings Inc. with fraud related to the sale of $77 million of private securities.

Categories: Brokerage Firms, Common Securities Broker Abuses, Investment Advisers, Private Investments/Reg D, Regulatory Developments, Securities, Securities America, Securities/Commodities Arbitration, Structured Notes