Recent Posts in Arbitration Category
Posted on Jun 18, 2013 By Michael Edmiston
Over the past decade, FINRA has been active in regulating firms' and brokers' advertising communications with the public. For instance, FINRA Rules 2212 (use of rankings in retail ...
Continue reading "Advice on Air: Misleading Advertising, Broker Misconduct and the Radio" »
Posted on Jun 11, 2013 By Michael Edmiston
Former JP Morgan broker, Bryant Tchan, of Irvine, California filed an arbitration claim that alleges the firm pushed brokers to sell internal products by withholding commissions from brokers on ...
Continue reading "JP Morgan Accused of Promoting Firm's Internal Funds by Withholding Commissions on Outside Fund Sales" »
Posted on Apr 8, 2013 By Michael Edmiston
FINRA ordered former Merrill Lynch, Pierce, Fenner & Smith Inc., Deutsche Bank Securities Inc., and Oppenheimer & Co., Inc. broker Karl Edward Hahn to pay former clients over $11 million in ...
Continue reading "Karl Edward Hahn Ordered to Pay $11 Million to Customer for Investment Fraud & Misrepresentation" »
Posted on Mar 24, 2013 By Michael Edmiston
According to Nathaniel Popper of The New York Times, investment firm LPL Financial has ratcheted up a sequence of problems with multiple securities regulators LPL is not unique nor alone in its ...
Continue reading "LPL Financial Firm Under Fire and On Radar with Several Securities Regulators" »
Posted on Jul 6, 2012 By Michael Edmiston
The Financial Industry Regulatory Authority (FINRA) barred broker Gary Lee Cousino for declining to respond in any matter to a FINRA investigation into two lawsuits and an arbitration action filed ...
Continue reading "Gary Lee Cousino Barred for Refusing to Cooperate with FINRA Investigation" »