Displaying 1932 results
Former LPL broker sentenced to 20 years for stealing from clients
Sonya Camarco pleaded guilty to forging checks, depositing clients funds into her personal accounts.
Finra bars broker who took wife’s cash to pay brother’s debt
Former RBC Capital Markets broker made distributions from his spouse's IRA without her approval.
D.A. Davidson is latest broker-dealer snagged for overly expensive fund shares
Firm will repay $447,000 to clients it overcharged for more than seven years.
Finra bars another broker who sold Woodbridge Ponzi
The broker, Dennis Ferwerda, failed to cooperate in Finra's investigation.
Finra fines LPL $2.75 million for reporting failures
The regulator cited wrong interpretations of Finra rules and flawed internal guidance as reasons for not making proper reports that would help safeguard investors.
Finra bars ex-Morgan Stanley adviser who did not cooperate with investigation
Fired by Morgan Stanley in 2016, Bruce Plyer failed to give testimony in a Finra investigation.
For first time, state regulators pursue more cases against RIAs than against broker-dealers
Growth of independent sector translates into more enforcement actions.
Morgan Stanley case shows how firms smear departing brokers
Even when Finra arbitrators decide that a firm reported inaccurately on a broker's dismissal, they rarely award monetary damages.
UBS loses $20 million arbitration award over Puerto Rico investments
Award is the largest penalty for UBS involving the Caribbean island to date.
Finra bars broker accused of taking client cash to gamble, pay medical bills
The broker allegedly deposited $270,000 of client money into his own personal bank account.
Ex-Wells Fargo brokers sue for damages, claiming they lost business in wake of scandals
In a Finra arbitration complaint, two brokers allege that Wells Fargo's problems damaged their business.
What Elon Musk can teach advisers about social media
To avoid a run-ins with regulators, advisers should run posts by a compliance team.
Finra arbitration panel orders Credit Suisse to pay former broker $844,621
Brian Chilton moved to Morgan Stanley instead of Wells Fargo after Credit Suisse closed brokerage business.
Broker with more than 50 years experience booted for not cooperating with Finra probe
John Halsey Buck III was fired by Morgan Stanley in January over private securities sales
Finra bars former Wells Fargo broker in Florida
Broker allegedly manipulated a client account to maintain his status for working with international clients.
After setting up phony accounts, ex-Wells Fargo broker stole money
Finra bars Thomas A. Davis, who worked in Hilton Head Island, S.C., for Wells Fargo Bank.
In cases that could tarnish a broker’s reputation, Finra must do better
Finra charged Stanley Niekras in 2016 with violating industry catch all Rule 2010, but couldn't produce testimony from key witnesses.
Brokerage exec pushes to get audit bill approved before Congress adjourns
Paige Pierce of Larimer Capital Corp. has been leading the effort to pass the Small Business Audit Correction Act.
Finra bars ex-Morgan Stanley broker Kevin Smith
Fired in 2016, Kevin Smith was barred Monday for not providing testimony in investigation.
New NASAA president Michael Pieciak puts cybersecurity at top of agenda
State regulators release request for comment on model cyber rule
