The Investor Protection Unit (IPU) of the Delaware Department of Justice has joined a $17 million settlement with Edward D. Jones & Co., L.P. (âEdward Jonesâ) resulting from a multistate investigation into the broker-dealerâs supervisory failures. Customers paid front-loaded commissions for certain mutual fund shares despite later moving brokerage assets into fee-based investment advisory accounts. âWe expect investment firms operating …
Division of Alcohol starts process to create legal pot industry
The legalization of marijuana in Delaware will mean the stateâs police agencies stop ticketing people for having it, but theyâll continue to pull people over for appearing to be under the influence. Police already had stopped charging people with criminal possession for small amounts of pot in 2019, when Attorney General Kathy Jennings said she would no longer prosecute for …
DOJ responds to McGuiness’ claims of unfair trial: ‘She is wrong’
The Delaware Department of Justice on Monday responded to State Auditor Kathy McGuinessâ claims that her trial was unfair. McGuiness asked the judge last week to overrule the jury and acquit her on each of the charges on which she was found guilty â or grant a new trial on those charges. In prosecutorsâ response to McGuinessâ motions, they said …