Displaying 1932 results
Finra fines Ameritas $180,000 over VA sales
Firm failed to set up systems and adequately supervise representatives, regulator says.
Bills to bolster accredited investors, alternative investments gain momentum
Bipartisan lawmakers seek to expand the pool of people who qualify to invest in private securities offerings, boost the lending capability of BDCs and ease regulations on closed-end funds.
Clayton: SEC targets ‘complex, hidden fees’
Putting clients in expensive share classes instead of lower-cost ones hurts investors, chairman says.
Finra bars former AXA broker for no-show
Adam Ocner allegedly took funds from branch manager.
Finra bars two Schorsch-linked ex-salesmen in proxy scam
Former wholesaler and registered rep worked for now-defunct Realty Capital Securities.
Finra reform getting traction in Washington
A Heritage Foundation event was the latest in a flurry of high-level talks about the embattled SRO
Two former reps barred for Finra no-shows
Regulator was looking into email use and unsuitable trading.
Finra: Morgan Stanley must pay Schwab $1.2 million over broker recruiting violation
Arbitrators rule that Morgan Stanley violated trade secrets by "maliciously and willfully" appropriating a Schwab client list.
Questar to pay nearly $800,000 for overcharging charities
Finra censured firm for selling clients more expensive share classes.
Senate Banking Committee approves SEC nominees Hester Peirce and Robert L. Jackson Jr.
Confirmation by the Senate would give SEC full complement of five members for first time in more than two years.
Ex-Merrill broker Thomas J. Buck pleads guilty to securities fraud, will pay SEC $5M
The ex-broker was accused of collecting $2.5 million in excessive commissions and fees from at least 50 clients.
LPL to pay $295,000 for Ponzi scheme probe in North Carolina
Broker-dealer must pay fine and reimburse the state over 'Robin Hood' case involving disgraced broker serving more than five years in jail for defrauding clients.
Finra bars former LPL broker over no-show at hearing
Subject was Jerry Lee Travers' payments to a non-registered person.
Finra regulation chief Susan Axelrod to leave
Veteran regulator will ease out of her role through April 2018.
Finra awards 13 clients $5 million against rogue broker
Jason Charles Parker set about to 'ravage' clients' savings 'without remorse,' arbitrator states
Wedbush Securities, once again, in trouble with regulators
How do firms and brokers or executives continue to make the same sorts of mistakes while Finra and the SEC consistently miss the transgression?
Senate’s takedown of the CFPB’s class-action rule may pave way for challenge to Finra policy
Investor advocates fear brokerage firms may seek to overturn Finra's rule banning class-action waivers in customer agreements.
SEC nominees Jackson and Peirce blast Finra’s transparency during hearing
Hester Peirce and Robert Jackson Jr. believe the brokerage regulator's conduct in this area should be improved.
Finra’s fine money whets appetites of investor advocates, experts, industry representatives
Suggestions for uses range from establishing funds for harmed investors, those whose arbitration awards go unpaid or giving it to the Treasury Department.
Finra rule would let investors take arb claims to court if broker goes bankrupt during proceeding
Move is designed to address unpaid arbitration claims, but critic says it doesn't go far enough.
