Tagged with "JP Morgan"

Former Merrill Advisor Who Joined J.P. Morgan Sues Her Own Firm For Poaching Clients

Posted on December 8th, 2021 at 1:49 PM
Former Merrill Advisor Who Joined J.P. Morgan Sues Her Own Firm For Poaching Clients

A high-producing Northern California advisor who departed Merrill Lynch for J.P. Morgan last October is suing J.P. Morgan’s brokerage business alleging “ruthless” poaching from her billion-dollar book of clients.

Read More »

Morgan Stanley Alleges That Team “Betrayed” Former Partner in Move to J.P. Morgan

Posted on November 16th, 2021 at 10:49 AM
Morgan Stanley Alleges That Team “Betrayed” Former Partner in Move to J.P. Morgan

A New York state judge is considering whether to grant Morgan Stanley’s request for a temporary restraining order (TRO), which would bar two advisors from soliciting former clients at their new firm.

Read More »

J.P. Morgan Files Suit Against Cresset Over Recruitment of Private Bankers

Posted on August 31st, 2021 at 2:02 PM
J.P. Morgan Files Suit Against Cresset Over Recruitment of Private Bankers

J.P. Morgan has filed suit against Chicago-based Cresset Asset Management after Cresset’s alleged raid and recruitment of at least 10 J.P. Morgan private bankers.

Read More »

J.P. Morgan Faces Regulatory Scrutiny Over Message Preservation

Posted on August 13th, 2021 at 1:41 PM
J.P. Morgan Faces Regulatory Scrutiny Over Message Preservation

While J.P. Morgan Chase & Co. ordered employees to preserve work-related messages on their personal phones earlier this year, regulators have begun to question the firm on how it preserves records.

Read More »

J.P. Morgan Seeks TRO Against Bank-Based Advisor

Posted on April 27th, 2021 at 9:35 AM
J.P.  Morgan Seeks TRO Against Bank-Based Advisor

J.P. Morgan Securities (J.P. Morgan) has asked the court to issue a temporary restraining order (“TRO”)  barring Gabriel Gomez from soliciting his clients and using customer contact information.

Read More »

J.P. Morgan Returns to Court to Block Former Advisor From Soliciting Clients

Posted on March 2nd, 2021 at 2:26 PM
J.P. Morgan Returns to Court to Block Former Advisor From Soliciting Clients

J.P. Morgan Securities has filed an action against Stephen Browne for "aggressively soliciting" former clients and prematurely informing them of his transition, allegedly in violation of his employment agreements.

Read More »

J.P. Morgan Advisor Sued Over Client Solicitations and Transfers

Posted on February 23rd, 2021 at 2:45 PM
J.P. Morgan Advisor Sued Over Client Solicitations and Transfers

J.P. Morgan Securities sued a former New Jersey-based advisor, who joined Merrill Lynch in January.

Read More »

FINRA Suspends Former J.P. Morgan Securities Advisor

Posted on December 2nd, 2020 at 4:21 PM
FINRA Suspends Former J.P. Morgan Securities Advisor

Former J.P. Morgan Securities advisor David Beston agreed to pay a $5,000 fine and serve a five-month suspension from association with any FINRA member firm in any capacity.

Read More »

J.P. Morgan Securities Agrees to Settle SEC Charges of Manipulative Trading

Posted on September 29th, 2020 at 10:42 AM
J.P. Morgan Securities Agrees to Settle SEC Charges of Manipulative Trading

J.P. Morgan Securities LLC settled charges brought by the U.S. Securities and Exchange Commission (“SEC”) that the firm fraudulently engaged in manipulative trading of U.S. Treasury securities.

Read More »

FINRA Suspends Broker for Unauthorized Transactions

Posted on September 25th, 2020 at 8:48 AM
FINRA Suspends Broker for Unauthorized Transactions

Former JP Morgan Securities broker, Deborah L. Beal, agreed to pay a $5,000 fine and serve a 2-month suspension from association with any FINRA member firm in all capacities.

Read More »

TESTIMONIALS

Previous
Next

I just received this letter from the CFP Board. Thank you, Thank you, THANK YOU!

David Y

LATEST NEWS AND ARTICLES

April 24, 2024
RIA Insurance Claims Skyrocket

A recent analysis by Golsan Scruggs reveals a staggering 231 percent increase in errors-and-omissions (E&O) liability claims among registered investment advisor (RIA)
insurers.

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.