Displaying 1932 results
SEC warns RIAs to increase supervision of staff with disciplinary histories
Examination of 50 advisory firms shows lapses in disclosure, compliance programs
Merrill Lynch pays $40 million settlement over broker churning, faces second claim for $42 million
Two clients, including the former governor of New Hampshire, alleged their broker excessively traded their accounts.
Finra arbitrators order Morgan Stanley to pay $3.3 million for concealing evidence
Brokerage calls decision 'unwarranted and excessive.'
Finra reaches settlements with 56 firms for overcharging customers on mutual funds
Regulator obtained $89 million in restitution as a result of the crackdown.
Finra fines former Morgan Stanley rep $5,000 over meal expenses
Cindy Fuzie reimbursed firm, but was later discharged.
Finra bars former Morgan Stanley rep who hid outside accounts
Roman Corona declined to appear before panel looking into holdings.
Finra provides detail on enforcement breaks for cooperation
Regulator also pledges more transparency in settlements.
Finra arbitrators slap $1.46 million award on former Cadaret broker
Barred broker compiled 17 disciplinary disclosures in 28 years, pleaded guilty for Ponzi scheme
Finra rogue broker proposal raises concerns among investor, industry advocates
PIABA: It falls short of solving unpaid arbitration. FSI: It gives Finra too much power.
A higher standard of client care
Finra's recent guidance on firms' communications with clients of transitioning advisers recognizes the importance of choice and continuity of service for clients.
Crypto broker logjam may be swept away by regulatory guidance
SEC and Finra provide information on how securities rules apply to some of the complicated compliance issues posed by digital tokens.
Finra slaps Summit Brokerage with fines, restitution over broker churning
Broker's trading generated $650,000 in commissions while clients suffered steep losses.
Finra bars broker accused of stealing $1 million from clients
The broker, James Thomas Booth, joined LPL as a result of the firm's NPH acquisition.
Finra arbitration panel awards client $967,000 in churning, fraud, negligence case
Legend Securities and its barred owner and reps ordered to pay.
Finra suspends broker over Woodbridge-related sales
Former IFG rep Jeffrey Schwebach ordered to disgorge $19,534 plus interest.
Finra suffers net $68.7 million loss despite increased revenue, decreased expenses
Broker-dealer regulator saw 2.3% decline in investment portfolio.
Finra panel awards $513,715 to divorcee who says Edward Jones rep favored husband
Firm found liable for top producer allegedly improperly delaying payments to North Dakota woman.
Finra fines, suspends ex-Merrill Lynch broker over loans from clients
Fred Brown also failed to change his employment record to disclose two tax liens and three civil judgments.
Finra censures, fines Citigroup over UIT sales violations
For failing to credit discounts to customers, Citi will pay $377,000.
Finra arbitrators ding firm, executives $3 million for broker’s outside business at his own RIA
Case hits Spire Securities and its CEO and COO for activities of barred adviser who ran Ponzi scheme.
