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While using customer funds was a serious red flag at MF Global, it was not necessarily illegal.
To Ms. Watkins, this was a very serious red flag, she told the committee, because "you can never use your stock to affect the income statement".
Documents show a Mossack Fonseca compliance officer wrote: "I believe if an individual is found on a sanction list then this is a serious red flag and we should make every effort to disassociate ourselves from them".
"Irregular and highly suspicious options trading immediately in front of a merger or acquisition announcement is a serious red flag that traders may be improperly acting on confidential nonpublic information," said Daniel M. Hawke, head of the commission's market abuse unit.
Emma: Yeah, that's a serious red flag in that relationship.
If someone can't take no for an answer, that is a serious red flag.
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But they said that yesterday's decision to put two financial executives on leave raised serious red flags, and suggested that the reasons for the delay in the audit might be more troubling than investors were led to believe.
If most of the revenue is coming from restaurant deals, that would raise serious red flags.
[note: there are some serious red flags popping up around this service].
Have a small panel of trusted advisers review it, and if no serious red flags are raised post it and email it to us.
This should raise serious red flags.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com