According to Bloomberg, Chairman Mary Schapiro and Commissioner Daniel Gallagher briefed House and Senate staff members from both parties May 10 about the allegations. The complaint may lead to an inquiry into whether Inspector General H. David Kotz engaged in conduct that could have compromised the integrity and independence of the investigations, according to the people. Kotz, now a managing director in the Washington office of investigation firm Gryphon Strategies, didn’t respond to an email and phone call seeking comment. Kotz denied Weber’s allegations, Reuters reported May 10.

Wittenberg Law takes this opportunity to remind investors that conflict-free investment advice, and conflict-free regulators and politicians, are an essential element in investing and a free democracy ruled by the people under the law enforced by the people. Protect yourself…contact Wittenberg Law at (877) 352-2010 for conflict-free legal counsel and investment analysis.

According to the Wall Street Journal, Secretary of the Commonwealth William Galvin submitted a written request on March 23 to Credit Suisse for information and documents related to every purchase of shares in the VelocityShares 2x Long VIX Short Term Exchange note from Feb. 20 to March 23. The regulator also is seeking information on what time Credit Suisse filed its statement with the SEC on its plans to reopen issuance of the exchange-traded note, or ETN, beginning on March 23 and who was involved in making that decision.

The scrutiny comes amid investor concern over trading in the ETN. The Credit Suisse product, which is designed to track stock-market volatility, plunged last week even though market volatility was little changed.

“Our goal at this point is simply to seek information,” said Brian McNiff, communications director of the Office of the Secretary of the Commonwealth of Massachusetts. “When we get the requested information we will move on from there. There is no predetermined next step.”

Massachusetts’s securities regulator said Credit Suisse has until April 5 to provide the requested information.

If you have invested in these notes, contact Wittenberg Law immediately at (877) 352-2010.

“Finders”/”Solicitors” Institutional Investors Individual Investors Retirees/Seniors/ Caregivers Investment Transactions

- Kyle B. -Opposing Counsel

For Immediate Release

July 18, 2011

Wittenberg Law, A Boutique Law Office in Santa Monica, California, Establishes Smart Street Investors.

Wittenberg Law PC, a boutique law office in Santa Monica, California, announces the launch of Smart Street Investors. Smart Street is a new place for investors to go if they are excluded from Wall Street and are tired of being on Main Street.

Wall Street has been hiding a dirty little secret for a long time, and that time has come to an end. Those bright minds that have been running Wall Street for hundreds of years dispersed their army of salespersons (otherwise known as stock brokers, registered representatives, account executives, financial advisers, vice presidents, etc.) for one mission only – to raise money from hard working people all over the world by deploying promises of safety, security and riches. To be sure, these Wall Street soldiers are trained to prey on the human emotions of fear and greed.

Those Wall Street barons intentionally embarked on a campaign to win over the minds of public by creating an image of only two streets – Wall Street and Main Street. Wall Street being the investment professionals and Main Street being reliant on Wall Street for investment advice. In this way, the Wall Street barons ensured that no one with investment expertise would stand between Wall Street’s army and Main Street’s doctors, lawyers, teachers, engineers, athletes, entertainers, pilots, etc.

Wall Street could have chosen to set the table differently. For example, Wall Street could have used its massive lobbying efforts to force Congress to enact legislation that would require investors to obtain an independent, conflict-free investment analysis before making an investment. It is not hard to imagine that hundreds of billions (if not trillions) of dollars could have been saved by Main Street rather than pilfered by Wall Street if such legislation had been enacted. Congress forces people to wear seat belts when driving, and it could do the same for people when investing. After all, we use the same term when some has a car accident or when investments go bad – crash!

The amount of fraud in our investment markets is astounding. Most, if not all, of that fraudulent conduct can be prevented. All you have to do is move from Main Street to Smart Street.

Smart Street is a new place where investors can go to request an expert legal evaluation of any investment opportunity. Smart Street is affordable and open to everyone. In fact, investors with millions of dollars have been defrauded just like investors with thousands of dollars. One young man in his twenties called me after he invested $10,000 with an investment adviser. He explained that he made the investment because his good friends had done well with this adviser. He further explained that the adviser required that he write his check in her name directly. In short, his money was stolen as was his good friend’s money who referred him to this adviser. By the time he called me, it was too late to help him. For about $400, this young man could have saved $9,600. Any logical, reasonable, and rational person would take this extra step before writing a check for an investment. Those investment millions have called me after learning that their adviser defrauded them to tell me similar stories of their investment experience.

Wittenberg Law’s competitive advantage in counseling investors regarding private investment and wealth management is unparalleled. At Wittenberg Law, the focus is on building long-term, solid relationships with its clients. Wittenberg Law focuses on delivering cost-effective legal counsel, which is free from conflicts of interest. As a result, Wittenberg Law provides efficient, independent advice combined with stricter confidentiality to protect its clients’ privacy. Furthermore, Jeffrey Wittenberg’s impressive list of industry contacts will be made available to his clients, thereby providing them with access to sophisticated investment products and services.

Jeffrey Wittenberg has been involved with the investment community for the last sixteen years, beginning his career as a registered representative at various broker dealers and, since 2002, as a Berkeley educated lawyer working at two of the most prominent law firms in the United States and abroad.

Jeffrey Wittenberg has represented investment banks, finance companies, investment advisers, hedge funds, fortune 500 companies, mid-size businesses and individuals in many areas of law related to business and investments including: public and private securities offerings, mergers and acquisitions, corporate governance, investment management, structured finance, public finance, bank loans, financial derivatives, repurchase agreements, investment due diligence, corporate due diligence, partnership and corporate dissolution, and real estate transactions and disputes.

For more information about the Wittenberg Law’s private investment and wealth management legal services and its managing attorney, you may visit its website, wittenberglawyers.com, or call the firm at 877-352-2010 and speak directly with Jeffrey Wittenberg, Esquire.

This press release is intended for general information purposes and attorney advertising only and does not and is not intended to constitute legal advice.