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Oppenheimer to pay EPC $113,574 over customer data
Finra panel nets counter-awards to both firms in 3-year-old case.
Former LPL broker barred for paying own taxes with client money
Finra said Laura Shean took $124,000 from a customer's brokerage account to make six payments to the IRS.
Finra institutes disciplinary proceedings against broker over alleged improper variable annuity sales
Regulator claims Frederick David Holloway replaced lower-cost variable annuities with higher-cost ones without ensuring they were suitable or in their clients' best interests.
Industry and regulators need to safeguard broker data
Poor data management and sharing practices can expose the personal information of thousands of individuals.
Arbitrators award client of former adviser $875,000
Clyde Mick Jones accused of breach of fiduciary duty, violating state law.
Finra bars former Morgan Stanley broker who sought client loan for outside activities
Broker-dealer regulator previously suspended David Warren Olson for promissory note default.
Susan Axelrod, former Finra regulator, lands at Merrill Lynch
She takes over as the wealth management group's chief supervisory officer.
Finra panel orders Wells Fargo to pay $219K, expunge broker ‘black mark’
Wells claimed the broker altered a customer's address to sell an annuity.
Aegis Capital fined $1.3 million for failing to red flag overseas penny stock trades
Firm admitted it failed to file 'suspicious activity reports' on numerous suspicious transactions, the SEC says.
Finra bars no-show former broker fired over fund sales
Lawrence Fawcett Jr. had consented to making unsuitable recommendations.
Not yet a broker, yet barred by Finra
Holly Arbuckle opted out of testifying at inquiry.
Finra bars former Morgan Stanley adviser over hearing no-show
Regulator was investigating Matthew Singer's options recommendations.
Finra bars former rep who provided ‘inaccurate auto-loan information’
Cody Rock resigned from State Farm in September.
Sensitive private data mishandled by broker watchdogs, whistleblower claims
Personal data like account numbers have been accessible online in material posted by Finra and state regulators, whistleblower claims.
Finra panel awards firm $780,424 against broker to repay legal costs
The question now becomes whether Alliance Affiliated Equities Corp. will be able to collect the arbitration award, a problem investors often face.
Key lawmaker sees disclosure as most important part of investment-advice standard
Rep. Bill Huizenga, chair of House financial subcommittee, casts doubt on 'systemic problem.'
Finra bars no-show broker discharged for unauthorized trading
LPL terminated registration of Sanders Spangler for violating company policy.
Finra asks hearing panel to sanction test cheater
Former National Planning rep Jason David took break during exam.
Finra bars former Fortune Financial rep over document denial
Fired over a fraud charge, Michael Giokas refused request for information.
Brokers must pay clients $845,000 arbitration award
Two were involved in defrauding 100 investors out of $15 million in penny stock fraud case.
