Photo of Stephen A. Galletto

Stephen A. Galletto is a Shareholder and member of Stark & Stark’s Investment Management & Securities Practice Group, where he concentrates his practice on counseling financial service entities including investment advisers, broker-dealers, public and private investment companies (e.g., mutual funds, hedge funds, etc.), insurance brokers/agents, CPA firms and their employees, on regulatory, compliance, liability and litigation issues.

As we advised you in our Fall Compliance Update, on October 3, 2011, the U.S. Securities and Exchange Commission’s (“SEC”) new Rule 13h-1, under Section 13(h) of the Securities Exchange Act of 1934, became effective. The purpose of the new rule is to assist the SEC in identifying and obtaining trading information on market participants that are involved in a large amount of trading activity in the U.S. securities markets.
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