WASHINGTON, Dec. 14 -- The Securities and Exchange Commission issued the following news release on Dec. 12, 2024: * * * Firm settles SEC charges related to former employee's misconduct * * * The Securities and Exchange Commission today charged Eric Cobb of South Carolina with engaging in a fraudulent scheme where he allocated profitable securities trades to favored accounts and unprofitable trades to disfavored clients, a practice known as cherry-picking, while he was a representative of inv more PR