Former Edward Jones financial advisor, Bernard Parker was sentenced to 87 months in federal prison for running a six-year $1.2 million Ponzi scheme.
Tagged with "Jim Eccleston"
Page 1 of 7
Former Pennsylvania Advisor Sentenced to Prison for Running a $1.2 million Ponzi Scheme
Posted on November 3rd, 2017 at 3:26 PM
Morgan Stanley Drops Out of the Protocol for Broker Recruiting
Posted on November 3rd, 2017 at 3:24 PM
Morgan Stanley has announced that it has pulled out of the Protocol for Broker Recruiting (“Protocol”) and thereafter any broker moving to another firm will be subject to its one-year non-solicitation agreement.
A Special Message to Morgan Stanley Financial Advisors Considering a Transition
Posted on November 1st, 2017 at 1:08 PM
As you know, your firm has withdrawn as a member of the Protocol for Broker Recruiting. Now what are your rights?
Wells Fargo Files Lawsuit against Former Broker for Contacting Former Customers
Posted on October 27th, 2017 at 12:10 PM
Wells Fargo Advisors has filed a lawsuit against former broker, Robert D. Meyers and his son, Mathew Meyers in order to prevent them from contacting former customers in an effort to recruit them to their new registered investment adviser firm in Columbus, Ohio.
SEC Bars Portfolio Manager for Diverting Nearly $2 Million to Personal Account
Posted on October 26th, 2017 at 11:00 AM
The SEC has barred Massachusetts portfolio manager, Kevin J. Amell for allegedly diverting at least $1.95 million to his personal brokerage account from a fund over which he had trading authority for his clients.
State-Registered Advisers Find Discrepancies Between States on Fee Model Regulation
Posted on October 25th, 2017 at 10:04 AM
According to financial industry experts, new financial advisers are having difficulty navigating the discrepancies between states in terms of the way regulators are allowing them to charge their clients’ fees for services.
SEC Urges Texas Federal Court to Order Two Oil and Gas Companies to Disgorge $17 Million
Posted on October 20th, 2017 at 9:26 AM
The SEC has asked a Texas federal court to order two California companies, Team Resources, Inc. and Fossil Energy Corp. to disgorge $17 million of the proceeds of an alleged fraudulent scheme.
SEC Announces $1 Million Whistleblower Award
Posted on October 19th, 2017 at 10:45 AM
The SEC has awarded a whistleblower $1 million for reporting information that helped the agency successfully prosecute a registered entity that harmed retail customers.
Wells Fargo Ordered to Pay FINRA $3.4M in Restitution for Selling Unsuitable ETPs
Posted on October 18th, 2017 at 10:23 AM
FINRA has fined Wells Fargo Clearing Services LLC and Wells Fargo Advisors more than $3.4 million in restitution for selling customers “unsuitable” exchange-traded products (ETPs) and for its failure to supervise reps.
Former Investment Adviser Indicated for Defrauding Massachusetts Retirees
Posted on October 17th, 2017 at 1:03 PM
Former investment adviser, Richard G. Cody, of Jacksonville, Florida has been indicted for allegedly defrauding Massachusetts retirees, as well as for lying to the SEC under oath.
Page 1 of 7