Tagged with "termination"

Boca Raton Financial Advisor Terminated by Morgan Stanley

Posted on February 18th, 2021 at 9:12 AM
Boca Raton Financial Advisor Terminated by Morgan Stanley

Morgan Stanley has removed a 31-year veteran who managed $959 million in client assets.

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Finra arbitration panel awards registered representative $417,000 for wrongful termination, defamation

Posted on December 22nd, 2016 at 10:32 AM
Finra arbitration panel awards registered representative $417,000 for wrongful termination, defamation

A Finra arbitration panel awarded $417,000 to a registered representative this week after finding she was wrongfully fired and defamed by her former firm.

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LATEST NEWS AND ARTICLES

July 26, 2024
Kentucky Advisor Sues LPL Financial for Alleged Corporate Raid

A Kentucky advisor, Mark Lamkin, has filed a lawsuit against LPL Financial, claiming the independent broker-dealer orchestrated a corporate raid that resulted in the loss of his firm’s entire book of managed assets.

July 25, 2024
FINRA Plans Fee Increases Amid Rising Costs and Losses

The Financial Industry Regulatory Authority (FINRA) has announced plans to raise fees for its approximately 3,300 broker-dealer member firms. According to AdvisorHub, the self-regulator faces soaring costs, as detailed in its annual report published at the end of June.

July 24, 2024
Raymond James Settles with Oregon Over Excessive Commissions

Raymond James recently settled a case with Oregon's Division of Financial Regulation (“DFR”), agreeing to pay nearly $200,000 over allegations of charging excessive commissions to retail investors.