Tagged with ""

RIA Found Guilty of Misappropriating Funds from Mike Tyson

Posted on February 24th, 2017 at 12:13 PM
RIA Found Guilty of Misappropriating Funds from Mike Tyson

Brian Ourand, a former registered investment adviser in Washington, D.C. was found guilty by the SEC for misappropriating funds from his clients, which included many professional athletes such as former heavyweight champion Mike Tyson and NBA star Glen Rice. 

Read More »

SEC Charges Fuel Cell Company with Defrauding Investors

Posted on February 23rd, 2017 at 8:49 AM
SEC Charges Fuel Cell Company with Defrauding Investors

The SEC charged a California-based penny stock company, along with four corporate officers, with misleading investors about the research, development, and profitability of its purported business to manufacture power generation products such as fuel cells.

Read More »

Morgan Stanley to Pay an $8 Million Penalty

Posted on February 22nd, 2017 at 8:59 AM
Morgan Stanley to Pay an $8 Million Penalty

Morgan Stanley Smith Barney has agreed to pay an $8 million penalty and admit wrongdoing in order to settle charges by the SEC. 

Read More »

New Recommendations by the FINRA Dispute Resolution Task Force (3rd Article)

Posted on February 21st, 2017 at 10:00 AM
New Recommendations by the FINRA Dispute Resolution Task Force (3rd Article)

This is the third in a series of posts to discuss the 51 recommendations the FINRA Dispute Resolution Task Force (Task Force) has made to the National Arbitration and Mediation Committee (NAMC). NAMC is FINRA’s standing Board advisory committee.

Read More »

FINRA Expels Red River Securities

Posted on February 16th, 2017 at 9:21 AM
FINRA Expels Red River Securities

Red River Securities, a Plano, Texas-based broker-dealer, has been expelled from FINRA for fraudulent sales in five oil and gas joint ventures. 

Read More »

New Recommendations by the FINRA Dispute Resolution Task Force

Posted on February 15th, 2017 at 9:03 AM
New Recommendations by the FINRA Dispute Resolution Task Force

This is the first in a series of posts to discuss the 51 recommendations the FINRA Dispute Resolution Task Force (Task Force) has made to the National Arbitration and Mediation Committee (NAMC). 

Read More »

Net 204 Brokers Left Wells Fargo in the Fourth Quarter

Posted on February 13th, 2017 at 12:07 PM
Net 204 Brokers Left Wells Fargo in the Fourth Quarter

Across its private client, independent brokerage and in-bank brokerage channels, Wells Fargo Advisors experienced a net loss of 204 brokers during the fourth quarter of this past year. 

Read More »

Former Registered Rep Wins FINRA Arbitration Expungement of Defamatory Language on His CRD Record

Posted on February 10th, 2017 at 4:50 PM
Former Registered Rep Wins FINRA Arbitration Expungement of Defamatory Language on His CRD Record

Eccleston Law LLC is pleased to announce that its client’s Central Registration Depository (CRD) and BrokerCheck record will be expunged of references to a baseless customer complaint filed against him and his former firm. 

Read More »

SEC Bars Connecticut Investment Adviser For Concealing Referral Fee

Posted on February 10th, 2017 at 12:21 PM
SEC Bars Connecticut Investment Adviser For Concealing Referral Fee

The SEC has barred Connecticut investment adviser John W. Rafal for allegedly concealing a referral fee.

Read More »

Former Texas Registered Rep Arrested for Internet Ponzi Scheme

Posted on February 8th, 2017 at 9:31 AM
Former Texas Registered Rep Arrested for Internet Ponzi Scheme

Former registered rep Bobby Eugene Guess was arrested following his indictment on charges of securities fraud, theft, money laundering and engaging in organized criminal activity related to the multi-million-dollar sale of investments in an internet advertising company.

Read More »

TESTIMONIALS

Previous
Next

Thank you so very much for your guidance, patience, and expertise.

Beth and Steve K.

LATEST NEWS AND ARTICLES

May 17, 2024
Fidelity Advisor Files Lawsuit Alleging Wrongful Termination Over Whistleblowing

A former Fidelity Investments advisor, Michael Maeker, has initiated legal action against his former firm, alleging wrongful termination in response to his reporting of anti-investor sales tactics.

May 16, 2024
CFTC Investigates Banks for Potential Whistleblower Suppression

The Commodity Futures Trading Commission (CFTC) has initiated inquiries into several banks, including JPMorgan Chase, Bank of America, and Citigroup, regarding potentially hindering whistleblowers from disclosing information, as reported by Bloomberg News.

 

May 15, 2024
NFA Issues Order Against 50.ai Investments LLC

The National Futures Association's (NFA) Business Conduct Committee (BCC) has taken action against 50.ai Investments LLC, a former NFA Member commodity pool operator and forex firm, for violating multiple NFA compliance rules.