FINRA has fined both Cetera Advisor Networks and Cetera Advisors allegedly for charging retirement plan customers excessive mutual fund sales charges.
It was really fun seeing you fight for us. You have an amazing way of thinking out of the box.
FINRA has fined both Cetera Advisor Networks and Cetera Advisors allegedly for charging retirement plan customers excessive mutual fund sales charges.
FINRA has created a new centralized enforcement office which will merge the office which handles disciplinary actions with another office that covers a broad swath of regulatory oversight cases.
A FINRA arbitration panel has ordered Citizens Securities to pay a former broker nearly $1.7 million for misrepresenting to him that he would receive a $30 million book of business when he was recruited by the firm.
According to an SEC letter, the regulatory agency is expected to award $70.6 million or more to two whistleblowers in a case involving a breach of fiduciary duty on the part of JP Morgan.
The SEC has charged Enviso Capital, LLC, and its principals, Ryan Bowers and Jeffrey LaBerge, with overstating the value of two of its private funds.
The Pennsylvania Department of Banking and Securities has fined Newbridge Securities Corp. approximately $500,000.
The SEC has announced that Wm Smith & Company (“WSC”) has agreed to settle charges that it failed to enforce several written policies and procedures designed to prevent the misuse of material nonpublic information.
The SEC has brought fraud charges in federal district court in Brooklyn against 13 individuals, many of them former brokers, for their involvement in Long Island-based scams.
A three-person FINRA arbitration panel has granted Morgan Stanley’s request for a permanent injunction prohibiting a pair of former reps from soliciting clients from their new Janney Montgomery Scott office.
The U.S. Attorney’s Office for the Southern District of Indiana has announced the indictment of independent adviser, Kenneth Ray Cleveland, 63, of Agoura Hills, California with seven counts of wire fraud and three counts of money laundering.
In a legal battle between a former advisor and Hightower Holdings, a Washington state court has issued a temporary restraining order (TRO) against the Chicago-based firm.
James Eccleston has been recognized as one of America's Most Honored Lawyers by The American Registry.
Matthew J. Chimento, a former broker at E-Trade Securities in Alpharetta, Georgia, has been barred by FINRA for failing to provide information and documents related to allegations of unauthorized fund transfers from a client's account.