Subscribe

Finra sues ex-BofA Merrill analyst who used corporate card for ‘adult entertainment’

Finra-sues-ex-BofA-Merrill-tech-analyst-corporate-card-'adult-entertainment'

Paramveer Singh, a former tech stock analyst, spent $21,000 at the club, Finra alleges

The Financial Industry Regulatory Authority Inc. on Friday sued a former Bank of America Merrill Lynch tech stock analyst who allegedly spent $21,000 at an "adult entertainment establishment" and charged it to his corporate credit card.

The analyst, Paramveer Singh, worked at Merrill Lynch from M

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Broker who took client funds for 17 years is barred

"A broker admitting that he has been ripping off clients for 17 years is beyond troubling," said one attorney.

SEC boots California RIA linked to crypto, private funds

"Nobody knows what’s happening internally in these pooled funds at the retail level," said one plaintiff's attorney.

Former head of Osaic B-D lands at AssetMark

"Having relationships with financial advisors is one of the greatest assets these senior executives possess," said one industry official.

Colorado bars advisor over high-risk options trades

"Buying options is fraught with risk for financial advisors," one attorney noted.

Finra bars two ex-Raymond James advisors who sold unapproved products

Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print