Maxim Broker Settles SEC Bribery Claims
U.S. District Court Judge P. Kevin Castel of the Southern District of New York entered a judgment of injunctive relief by consent against broker James Doolan. The U.S. Securities and Exchange Commission accused Doolan of taking money from Smart Online's CEO to help the company qualify for listing on the NASDAQ.
Under the judgment, Doolan is permanently enjoined...
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