Displaying 1932 results
Finra arbitrators order UBS to pay more than $11 million in defamation case
Panel awards punitive damages to fired supervisor, which claimant's attorney calls 'unicorn rare.'
House, Senate bills would ban mandatory arbitration in broker, adviser client contracts
Measures would have to find GOP support for any hope of Senate approval.
State regulators encourage brokerages to use insurance to fund arbitration losses
NASAA says step would help address problem of unpaid arbitration awards
Midsize broker-dealer in Atlanta to shut down
After a huge trading loss, IFS Securities will close.
Finra arbitrators order UBS to pay female brokers $171,445
UBS considers low damages award an 'overwhelming rejection' of their claims.
Commending Finra on its efforts to improve its exam program
Regulator's actions can serve as a model for the SEC and others on incorporating industry feedback to improve regulatory programs
Finra plan letting investors move arb claims to court heads to SEC for approval
Critics say the proposal falls well short of what is needed to address unpaid arbitration awards.
Compliance officer who raised red flag about GPB Capital says she is now a target
Toni Caiazzo Neff says she has been followed, had car tampered with.
Finra fines NYLife Securities $250,000 over fund sales
Firm was also censured and ordered to pay restitution and rescission to 28 clients.
Finra bars former Pruco rep fired for taking client’s money
Joseph Viet Duy Phan was a no-show at a hearing looking into his conduct.
Industry to face fresh wave of unpaid arbitration claims
The failure of Taylor Capital Management indicates a spike in unpaid claims is likely.
Jay Clayton says SEC will collect only limited information about investors in new market surveillance initiative
Critics still worry that cybercriminals will be able to hack system
Finra bars former Merrill assistant for tapping broker’s account
Instead of paying her boss's bills, Julie Ann Mineard kept $24,000 of his money.
Finra suspends former Sigma rep over Woodbridge note sales
Frederick Randhahn fined $5,000 and must disgorge $33,168 in commissions.
Finra bars former Raymond James rep discharged over loans
Lance Armstrong was no-show at hearing looking into allegations
Regulators can do more to protect vulnerable, senior investors
Ongoing support must be committed to continuously enhance protection and fraud detection.
Finra moves to limit brokers’ ability to serve as executors, beneficiaries for clients
Rule proposal would require firms to review rep requests to hold such positions.
Finra bars former First Standard rep being investigated for churning
Philip Sparacino, a hearing no-show, had licensed revoked by New Jersey regulators.
Finra bars Merrill rep discharged for misappropriating client funds
Linan Abrego decided not cooperate with regulators investigating case.
Finra orders Merrill Lynch, Raymond James to pay $12 million to 529-plan customers
Regulator says firms failed to supervise share-class recommendations to plan investors.
