Tagged with "Morgan Stanley"

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LATEST NEWS AND ARTICLES

June 6, 2025
FINRA Sanctions Former Broker for Unsuitable, High-Risk GWG Bond Sales

The Financial Industry Regulatory Authority (FINRA) has suspended and fined a former advisor for what FINRA alleged were excessively risky investments that left clients exposed to significant losses.

June 5, 2025
UBS Seeks to Overturn $95 Million FINRA Award Over Tesla Shorting Strategy

UBS Wealth Management USA has filed a petition in federal court to vacate a nearly $95 million FINRA arbitration award, arguing the decision overstepped legal bounds and imposed punitive damages that defy Iowa law, as reported by AdvisorHub.

June 4, 2025
Jury Finds Cutter Financial Group Liable for Disclosure Failures in Annuity Sales

A federal jury in Massachusetts has found investment advisor Jeffrey Cutter and his firm, Cutter Financial Group, liable for failing to disclose significant commissions and conflicts of interest tied to an annuity replacement strategy sold to clients.