Displaying 1932 results
Finra releases proposal to relieve broker-dealers of supervision of unaffiliated RIAs
Comment period ends April 27.
Fiduciary advocate calls for immediate enforcement of DOL fiduciary rule
Consumer Federation of America cites Massachusetts action as one to emulate, in letters to the Labor Department and various regulators.
Finra panel awards five UBS clients $521,000 in damages over Puerto Rican bonds
Puerto Rican residents charged the firm with fraud and breach of fiduciary duty.
SEC Chairman Jay Clayton outlines goals for a new fiduciary standard
Rule should provide clarity on role of adviser, enhanced investor protection and regulatory coordination.
Finra orders Hilliard, Lyons and rep to pay $445,000 in compensatory damages
Says firm and broker Christopher Duke Bennett mishandled retirement accounts.
Advisers should take SEC up on offer to waive penalties
This isn't exactly an amnesty program, but it's probably the closest thing.
Finra issues Investor Alert warning about scams that offer Finra ‘guarantees’
Regulator scams, some using fake signatures of Finra executives, have been growing.
Finra bars former Lincoln Financial rep for misusing customer funds
Client invested $20,000 in a real estate investment controlled by the broker, who later used the money for his own personal use.
If Finra eases firm oversight of outside business activities, broker-dealers could lose revenue
Brokerage firms would no longer be able to charge reps for supervising nonaffiliated RIAs.
Advisers trying to hide high-fee mutual fund share classes won’t fool SEC
Agency has the ability to detect share-class issues using data-driven initiatives.
SEC bars former Merrill rep Thomas J. Buck over commissions
Accused of charging clients excessive fees and commissions, Thomas J. Buck has already been barred by Finra and has pleaded guilty to a criminal charge.
LPL censured and fined $375,000 over brokered CD record keeping
Finra says firm did not have adequate risk-disclosure procedures in place
Minnesota rep barred for no-show over VA trades
Finra was investigating Brett Ashy for unauthorized transaction.
Finra: More than a quarter of arbitration awards go unpaid
Brokerage regulator seeks to involve SEC, Congress in solutions.
SEC exam priorities target fee disclosures to retail investors
Agency also to take close look at Finra, cybersecurity, market structure.
Finra bars J.P. Morgan rep fired for improper account access
Regulator was investigating complaints against Ricardo Rodriguez-Stern.
Berthel Fisher censured and fined $675,000 over alts sales
The Financial Industry Regulatory Authority Inc. has censured Berthel Fisher & Co. and fined it $675,000 over sales…
Former Berthel Fisher rep suspended for 21 months
Jeffrey Dragon also fined $50,000 over unsuitable recommendations.
Finra fines Wedbush $1.5 million for net capital rule violations
During five-month period, firm's deficiency ranged from $10.5 million to $59.4 million.
Former IFS broker barred for fraudulent, private deals
Finra says Francis Joseph Gendlek caused investors to lose $620,000.
