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February 24, 2023 Beverly Hills Broker Antoine Souma Barred After Failing to Cooperate with FINRA Investigation
February 10, 2023 Centaurus Financial Penalized $1 Million for Unsuitable Structured Product Sales
November 13, 2022 Pasadena-Based Western International Securities Fined $400k for Deficient REIT Supervision
August 28, 2022 GWG Holdings Financing Package Approved, Further Highlighting Importance of Pursuing Arbitration with Firms That Sold L Bonds
June 21, 2022 Emerson Equity Predicts Further Adversity as Wholesalers Leave and GWG Holdings L Bond Losses Grow
June 16, 2022 Western International Securities Charged with Violating Regulation Best Interest by Recommending and Selling Unsuitable and Risky GWG L Bonds
April 22, 2022 After Causing Investor Losses, Bankrupt GWG Holdings Blames SEC Investigation For GWGH Failures
April 21, 2022 Troubled GWG Holdings Finally Files for Bankruptcy, Sealing Many Investors' Losing Fates
April 13, 2022 GWG Holdings Unit Seeks Waiver of Default
April 12, 2022 GWG Sanctioned by NASDAQ As More Brokerage Sellers Appear
April 08, 2022 GWG Holdings Losses Grow in California with Centaurus, Kingswood's Mark John Williams
April 04, 2022 GWG to File for Chapter 11 Bankruptcy - GWG L Bond Investors May Be Entitled To Damages
March 09, 2022 Investors Advised to "Avoid GWGH" as GWG Holdings Deemed Problematic in 2015
March 04, 2022 KIRN Radio Personality Tony Barouti (Barouti Financial) Under Investigation Over Possible GWG Holdings L Bond Sales
February 26, 2022 L Bond Losses: Defining GWG Holdings' Unsuitably Risky Product
February 24, 2022 Backed into a Collapsing Corner, GWG Holdings Goes Silent, Leaving Investors On the Hook
February 23, 2022 Unsuitably Recommended and Sold to Investors, GWG Holdings L Bonds Lose Value, Paving Way for Arbitration
February 02, 2022 GWG Holdings Pauses L Bond Sales As Large Losses Loom
January 31, 2022 GWG Holdings Fails to Make $13.6 Million in Payments to Investors as Investigations Ramp Up
December 30, 2021 Fraudulent Offerings, Unsuitable Recommendations Linked to Northstar Financial Service (Bermuda)
November 03, 2021 Investors Who Lost Money in Northstar Financial Services (Bermuda) & Beechwood Bermuda May Be Entitled to Damages From Firms That Sold Notes & Annuities
October 20, 2021 Morgan Stanley of Pasadena's Henry Chang Accused of Soliciting Outside Investments
September 06, 2021 SEC Complaint Cites Former Oppenheimer Rep John Woods for Massive $110 Million Horizon Private Equity Ponzi Scheme Targeting Elderly Retirees
August 10, 2021 Raymond James May Have Sold Unsuitable Northstar Financial Services (Bermuda) Products, Resulting in Losses Due to Northstar's Downfall
August 06, 2021 Suntrust Investment Services Rep Stephen Berrocal Accused of Unsuitable Recommendations as Northstar Financial Services (Bermuda) Saga Rolls On
May 27, 2021 Calton & Associates Sanctioned Over Volatile Exchange-Traded Product (ETP) Supervision Failures
May 06, 2021 A Truly International Operation: Northstar Financial Services (Bermuda)'s Liquidation Will Result in Significant Losses
April 28, 2021 Sun Hyung Kim Barred for Unauthorized Trading, False & Misleading Statements
March 11, 2021 Unsuitably Risky SPACs, "A License to Rip Investors Off," Rile SEC and FINRA Regulators
February 08, 2021 SEC Charges GPB Capital Holdings, Ascendant Capital, with $1.7 Billion Ponzi Scheme Defrauding 17,000 Retail Investors
January 15, 2021 Transamerica Financial Advisors to Pay $8.8 Million Over Unsuitable Recommendations Charges
September 11, 2020 Stifel Nicolaus Broker Steven Rodemer to Pay $385,536 to Settle SEC Claims He Scammed Elderly Widow
September 02, 2020 Raymond James Broker Mark Boucher Accused of $2.2 Million Fraud, Stealing From Dead Client
June 15, 2020 Raymond James Broker Frederick Stow Charged with Fraud After $943,500 IRA Theft
April 25, 2020 Lost Money in Risky Oil & Gas Investments During COVID-19? We're Investigating Claims
April 24, 2020 Brokerages Stop Risk-Laden REIT Sales After Massive Coronavirus Losses
April 03, 2020 The Securities-Based Loan Margin Call Is "Exactly The Risk We Are Focused On," Says FINRA
February 29, 2020 Citing 'Widespread Failures,' SEC Fines Wells Fargo $35 Million for Unsuitable Inverse ETF Recommendations, Inadequate Supervision Leading to Millions of Dollars in Customer Losses
November 05, 2019 SEC Bars James Booth (Ex-LPL Financial) Over $5 Million Ponzi Scheme Victimizing Elderly Clients
September 03, 2019 UBS' Yield Enhancement Strategy Harming Low-Risk Investors Who Say No to YES
July 26, 2019 GPB Capital Sued for Alleged Serious Financial Misconduct
January 25, 2019 Unauthorized Trading, Suitability, and Customer Abuse Complaints Catch Up to Wedbush's William Mark Heiden of Southern California
January 07, 2019 John Gregory Schmidt Arrested, Accused of Elder Abuse, $1.1 Million Fraud
September 07, 2018 Richard Hughes Suspended for Coaxing Elderly Client to Lie About Excessive Commissions for Unsuitable UIT and Mutual Fund Recommendations
August 07, 2018 Compliance Officer Claims Retaliation in Firing from Purshe Kaplan Sterling After Reporting Alt Investment Red Flags to FINRA
July 16, 2019 Convicted Fraudster Daniel Vazquez Gets Prison for Swindling Seniors Out of $2.6 Million
July 05, 2019 SEC Complaint Names LPL Financial Ex-Broker Kerry Lee Hoffman Alongside Fraudster Thomas Conwell
July 02, 2019 Dunkerley Named in $43 Million Dollar Fraud Scheme Tied to LAFC Soccer Team Owner
June 26, 2019 Cetera's George Merhoff Barred on 35th Broker Disclosure After $3.8 Million in Settlements
June 25, 2019 Profits Before People - GPB Capital Paid High Commissions to Sell Troubled Products
June 25, 2019 FINRA Fines Edward Jones for Underreporting Complaints, Damages
June 20, 2019 Wedbush's Latest Penalty is an $8.1 Million SEC Fine for Improper Handling of ADRs
June 18, 2019 Patrick Foley Barred After Investigation into Accepting Loans from Elderly Client
June 17, 2019 Barred San Diego Broker Harry Couglar Suspended by CFP Board
June 14, 2019 Cryptocurrency Business Places Kyung Soo Kim in Hot Water
June 13, 2019 Nina Jessee Latest Cetera Advisors Broker Barred by FINRA
June 06, 2019 Ron Ray Willoughby Cited for Unsuitable Short-Term UIT Trading
May 28, 2019 Wedbush/Hilltop Securities Broker Mark Augusta Accused of Fraud, Financial Elder Abuse
May 07, 2019 Michael ("Mikey") Tanha Cited for Outside Business Activities, Private Securities Transactions
May 04, 2019 Kajo Movsesian Barred After Review into Conduct Inconsistent with Merrill Lynch Standards
May 03, 2019 Jamie Bennett Sanctioned for Failing to Review E-mails, Use of Outside E-mail Address
April 24, 2019 Voya Financial Cited for Mutual Fund Sales Charge & Supervisory Failures
April 22, 2019 Sarah Banon Barred for Failing to Cooperate with Investigation
April 18, 2019 John Ernst Sanctioned for Ponzi-Laden Woodbridge Note Sales
April 16, 2019 Frederick Holloway Barred for Improper Variable Annuity Exchange Recommendations & Dishonest Conduct
April 13, 2019 FINRA Identifies 5 High-Price Issues in Unsuitable Variable Annuity Recommendations
April 10, 2019 Glendale Securities (Sherman Oaks) Brokers Sanctioned in Penny Stock Misconduct
April 01, 2019 Ed Matthes Barred After Misappropriation, Forged Account Statement Allegations
March 31, 2019 Ranking the 20 Large-Cap Mutual Funds and ETFs with the Worst One-Year Returns
March 29, 2019 JWE Investigating Brokers Who Sold Future Income Payments (FIP) in $300 Million Ponzi Scheme
March 27, 2019 Investors Seeking to Recover Losses from Unsuitable UBS' Yield Enhancement Strategy (YES)
March 26, 2019 Broker Bonuses and Forgivable Loans - When Brokers Place Personal Profits Above Client Interests, a William Mark Heiden Case Study
March 20, 2019 Law Offices of Jonathan W. Evans & Associates Investigating Dennis Albert Mehringer for Suitability, Overconcentration into Risky Bonds
March 19, 2019 Laguna Niguel's Craig Arsenault Barred for $5.7 Million Fraud of Atlas Capital Clients
March 15, 2019 NAC Affirms Amerprise Broker Jim Jinkook Seol's EB-5 Private Securities Transactions and Outside Business Activities Bar
March 14, 2019 Wedbush Pays $250k to Settle Supervision Failure Charge for SoCal Rep Timary Delorme's Pump-and-Dump Fraud
March 13, 2019 Sigma Financial Sanctioned for Deficient Non-Traditional ETF Supervisory System
March 11, 2019 SEC Joins FINRA in Barring Arrested WF Broker John Schmidt over Elder Fraud
February 25, 2019 John Spach Barred for Trying to Settle Complaint Away from Firm
February 20, 2019 Disgraced Merrill Lynch Broker Thomas Buck Sentenced to 40 Months in Prison for Securities Fraud
February 19, 2019 Michael Rappa Barred for $2.7 Million-worth of Woodbridge Ponzi Transactions
February 15, 2019 20 Worst Bond Fund Returns of 2018 Feature Debt & Emerging Market Funds
February 13, 2019 Thomas E Burns Sanctioned for Alt Investment Mistakes at Crown Capital
February 05, 2019 Broker-Dealers Still May Be Held Liable for Selling Away Losses: A Woodbridge Case Study
January 23, 2019 FINRA's 2019 Exam Priorities Feature Senior Protections, Suitability, Outside Business Activities
January 22, 2019 FINRA's Bar of NMS Capital's Mansourian, Saliba, Tabizon, Younger Becomes Final
January 18, 2019 Nicholas Maddox Barred for Failing to Answer FINRA Questions
January 17, 2019 Donald Logan Fined $25k for Unauthorized Discretionary Trades, Having Customers Sign Blank Documents
January 15, 2019 Paul Wishingrad Sanctioned for Unauthorized Use of Discretion in UBS Client Accounts
January 11, 2019 Gary Pevey Barred Over Unauthorized Note Sales in Woodbridge Ponzi Scheme
January 03, 2019 2019 SEC Exam Priorities Zero In on High Fees, Conflicts of Interest, and Mutual Fund & ETF Risks
December 22, 2018 Cetera Advisor Networks Fined $1.4 Million for Broker Koehler's Unsuitable Churning and Excessive Mutual Fund Trading
December 19, 2018 FINRA and SEC Launch Investigation of GPB Capital Holdings
December 18, 2018 Annemarie Thomas Suspended for Facilitating Wire Without Proper Authorization
December 17, 2018 Emerging Markets, Resources Top Worst-Performing Mutual Funds and ETFs of 2018
December 10, 2018 FINRA Reports Problems with Overconcentration in REITs, Unsuitable Variable Annuity Recommendations
December 07, 2018 Nicholas Radke Barred During Investigation into Unapproved Private Securities Transaction, Elder Abuse Fraud Lawsuit
December 02, 2018 Sean J. Waters Barred for Churning Senior Citizen's Retirement Accounts, Racking Up Fees and Losses
November 29, 2018 Frank Dietrich Cited for Selling $10.8 Million in Investments in Woodbridge Group of Companies Ponzi Scheme
November 27, 2018 Terminated JP Morgan Broker Hector Villalta Sanctioned for Unapproved Outside Business Activity
November 23, 2018 San Diego "Financial Whiz of Local Airwaves" Kyle Harrington Barred After Conversion, Undisclosed Private Securities Transaction Investigations
November 20, 2018 Robert Basile Arrested, Barred For Stealing $130,000 from Elderly Client-His Mother
November 14, 2018 Michael Scott Livermore Sanctioned for Failing to Report Felonies
November 09, 2018 Morningstar's List of 20 Worst Performing Active Mutual Funds
November 06, 2018 Michael Heath Sanctioned for Personal E-mails, Communications in Violation of First Allied Securities Policies
November 02, 2018 David Ferwerda Barred in Woodbridge Ponzi Scheme, 1 Global Capital Fraud Investigation
October 31, 2018 Intrepid Investment Bankers President W Michael Rosenberg Sanctioned for Undisclosed Accounts Away from Firm
October 24, 2018 John Simoncic Barred for Churning Retirement Accounts with VIX ETF
October 20, 2018 SEC Charges Barred First Allied Broker Paul Rampoldi, Convicted of Fraud in Ardea Scheme
October 18, 2018 Andrew Mandell Barred for Refusing to Appear During Investigation
October 17, 2018 Joshua R. Jones fomerly of JP Morgan Sanctioned for Check Kiting
October 15, 2018 Charla Kabana Barred During Investigation into Variable Annuity Business at LPL Financial
October 11, 2018 Former Morgan Stanley Broker John-Aaron Lenhert Cited for Borrowing Funds from Customers
October 10, 2018 Daniel Kittner Suspended for 700 Unauthorized Discretionary Trades
October 05, 2018 IFG's Jon Pariser Barred During Investigation into Unsuitable Investments, Referral to Unlicensed Agent
September 29, 2018 Robert Torcivia Disciplined Over Beneficiary Designations, Inheriting Money from Clients
September 21, 2018 FINRA Sanctions Ryan Logan for Commission Sharing After Unregistered Assistant Sold Variable Annuities Without a License
September 19, 2018 UNG Leads Worst Performing Passive Funds Since 2008's Financial Crisis
September 17, 2018 Uncooperative Juergen Weber (Unsuitable, Unauthorized Trades) and Benjamin S. Johnson (Failure to Report Liens) Barred
September 15, 2018 Stephen T Hurtuk Barred During Unsuitable Recommendations Investigation
September 11, 2018 HD Vest Investment's Jerry Raines & Donna Barnard Barred in Ongoing Woodbridge Ponzi Scheme Investigation
September 10, 2018 Ladenburg Thalmann Financial Chairman Phillip Frost Charged with Fraud in Pump-and-Dump Penny Stock Scheme
September 06, 2018 Lincoln Investment Planning Sanctioned for Failing to Apply Sales Charge Discounts to Eligible Retirement Customers
August 27, 2018 Ex-Wells Fargo Broker Joseph Eschleman Sanctioned for Unauthorized Use of Discretion
August 23, 2018 Massive Woodbridge Fraud Grows as 5 Charged With Selling $243 Million of Ponzi Product to 1,600 Investors
August 22, 2018 Merrill Lynch to Pay $8.9 Million to SEC for Failing to Disclose Conflict of Interest
August 21, 2018 SEC Bars BKS Advisors' Roger Denha for Fraudulent Cherry-Picking Trade Allocation Scheme
August 16, 2018 SEC Issues Ameriprise Financial Cease-and-Desist Order over Failure to Detect Misappropriation and Fraud
August 14, 2018 StockCross Financial Services, LA Broker Peter Cunningham Accused of Fraudulent, Unethical UIT Trading Practices
August 09, 2018 Frank Marino Sanctioned for False, Misleading, and Inaccurate Claims on Cannabis Investment Company Website
August 08, 2018 Former Transamerica Broker Roy Gaytan Sanctioned for Discretionary Trading Violations
August 01, 2018 Kenny Mezher Sanctioned for Unapproved Crescent Ridge Volatility Fund Transactions
July 26, 2018 National Planning Corp, Investment Centers of America, SII Investments and IFC Holdings Fined $1.7 Million, Ordered to Pay $6 Million in Restitution for Variable Annuity Sales Misconduct
July 24, 2018 FINRA Fines Royal Alliance, FSC, SagePoint Financial, and Woodbury $1 Million for Variable Annuity Supervision Violations
July 19, 2018 Midtown Partners' Kevin Gillespie Charged by SEC in $10 Million Microcap Fraud Scheme
July 18, 2018 Financial, Energy Sectors Feature in 10 Funds with Largest Losses in First Half of 2018
July 17, 2018 Michael Gilhooly Barred for Refusal to Appear during Investigation
July 11, 2018 Cetera Financial Fined $200,000 for Failing to Supervise Broker Who Misused Elderly Client's Funds
July 09, 2018 IFG's Dennis Contrestano Cited for Unauthorized Transactions at Prior Firm RBC
July 05, 2018 Bradley Tennison Barred After Recommending $300k Wire Investment Away from Firm
June 27, 2018 Kyusun Kim Barred for Unsuitable Recommendations of REITs and Alt Investments in Elderly Investors' Retirement Accounts
June 26, 2018 Wells Fargo Advisors Pays $5 Million to Settle SEC's MLI Short-Term Trading Charges
June 22, 2018 Online Investment Firm Betterment Fined $400,000 for Violating Customer Protection Rule
June 14, 2018 LPL Financial's Bradley Gardner Barred for Conversion from Elderly Client
March 21, 2023 As Credit Suisse Shareholders Suffer Losses, AT1 Bond Holders Lose Everything
February 07, 2023 SEC Accuses Steve Susoeff, Meritage Financial Group, of Fraudulent Scheme
January 30, 2023 SoCal Broker Jay Eng Cited for Impersonating Customer in Call with Annuity Company
January 10, 2023 Western International Securities' Efrain Trujillo Suspended by FINRA for Unauthorized Loans
January 09, 2023 Wells Fargo & Wedbush's Richard Blosser Barred During Investigation into Stock & Closed Fund Sales
January 01, 2023 Kimberly Nuessmann Sanctioned for Impersonating Deceased Customer in IRA Transfer
December 22, 2022 FINRA Bars PFS Vice President Desiderio Torrez After Customer Complaint
December 15, 2022 Transamerica Broker Guatam Arora Arrested in Southern California on Fraud Charges
December 13, 2022 LPL Financial Fined $150k, Admonished for Failing to Supervise Broker Involved in Ponzi Scheme
November 29, 2022 Morgan Stanley Broker David Lau Sanctioned for Unauthorized Discretionary Trades
November 22, 2022 Edward Turley Barred After Settling Suitability and Fraud Claims Worth $47 Million
November 08, 2022 Stephen Romney Swensen, Crew Capital Group Named in $30 Million Ponzi Scheme Complaint
November 03, 2022 FINRA Slams Anaheim's Centaurus Financial for Supervisory Failure, Allowing Broker Donnie Ingram to Hire His Own Supervisor
October 27, 2022 FINRA's First Regulation Best Interest AWC
October 21, 2022 Previously Sanctioned for Excessive & Unsuitable ETP Trading, Efrain Trujillo Barred for Borrowing Money From Customers
October 06, 2022 As Credit Suisse Nears Financial Jeopardy, Potential Customer Losses Loom for its Structured Products
September 27, 2022 ProMedica Health System Downgraded, $2+ Billion Debt Spurring Review for Junk Status and Possible Default
September 16, 2022 Advisor Mark Frankel of Partnervest in Southern California Charged with Fraud
September 15, 2022 SagePoint Financial Sanctioned for Supervisory Failures, Excessive Margin for Elderly Client
August 30, 2022 Kovack Securities Cited for Failing to Supervise Short-Term Mutual Fund Trades, Suitability Issues
August 26, 2022 Merrill Lynch's Conrad Branson Disciplined for Series of Unauthorized Transactions, Discretion in Customer Accounts
August 19, 2022 Broker Zachary Hansen Suspended After Selling Away From UBS Financial Services
August 18, 2022 Patrick English Barred During Unauthorized Use of Discretion Investigation
August 12, 2022 Fired from Raymond James, Wedbush Hires Michael Paul Massey & William Romans, Brokers Accused in Pending Case of Drug Charges
August 05, 2022 Philip Smith Suspended by FINRA After Series of Complaints, Unsuitable Variable Annuity Recommendation
August 05, 2022 Camille Cordova Sanctioned for Unsuitable Variable Annuity Recommendations
July 27, 2022 David Hixon Sanctioned Over Improper Money Borrowing, Loans
July 23, 2022 Steven Kiyoto Hirata Barred After Investigation into Private Securities Transactions
July 20, 2022 Roselaine Securities Disciplined for Failing to Supervise or Identify Staff Engaged in Outside Business Activities, Failing to Act on US Government's Financial Crimes Enforcement Network Requests
July 14, 2022 McDermott Investment Advisors Loses to SEC in Court, Held Liable for Fraud Against UIT Clients
July 05, 2022 Gregory Andrews Sanctioned for Undisclosed Outside Business Activities
June 15, 2022 Megurditch Patatian Barred for $8 Million of Unsuitable REIT & Variable Annuity Recommendations
June 11, 2022 Brokerage Firm IFP Securities that Sold Doomed GWG Holdings Products Deliberately Sought Risky Products
May 27, 2022 Tarik Nehmatullah Barred After Allegedly Accepting Loan from Customer
May 13, 2022 Ex-Morgan Stanley Broker Nikolay Zotenko Cited for Improperly Marketing Private Placements
May 09, 2022 LPL Financial Broker Bruce Amman Cited for Transacting $3.5 Million Private Placement Without LPL Approval
May 06, 2022 TCFG Broker Janie Garza-Clark Barred After Fraud Complaint, Investigation
April 27, 2022 Berthel Fisher Fined $100,000 for Options Trading Compliance Failures in Elderly Client's Account
April 15, 2022 Edward Jones Broker John Winslow (Gig Harbor, WA) Barred After Client's $893,000 Theft Accusation
April 01, 2022 TCFG Wealth Broker David McDonnell Barred in Outside Business Activity Investigation
March 25, 2022 FINRA Fines Dempsey Lord Smith & BD4RIA for Private Placement Sales of "Ponzi-like" GPB Capital
March 24, 2022 Geneos Wealth Management to Pay $400,000 for Improper Alt Investment Sales
March 23, 2022 Michael Knittel Suspended for Undisclosed Private Securities Transaction
March 18, 2022 Former Wells Fargo & LPL Financial Broker Mario Rivero Arrested for Stealing $680,000 From Clients
March 16, 2022 Gregory Scott Hanshew Accused of Disclosure, Sales Violations with Elder Investors
February 21, 2022 Purshe Kaplan Sterling Charged Over Unsuitable Leveraged ETF Sales Causing $2.3 Million in Losses
February 16, 2022 Emerson Equity-Pushed GWG L Bonds Face Imminent Default After Failing to Pay Investors
February 10, 2022 Morgan Stanley Broker Darryl Cohen, Broker to Pro Athletes, Barred After Millions in Claims
February 08, 2022 Raymond James Under Investigation for Northstar Financial Services (Bermuda) Sales
January 27, 2022 Four United Development Funding Execs Guilty of Real Estate Fraud Scheme
January 24, 2022 Ivan Acevedo, Guilty of Fraud in Woodbridge Ponzi Scheme, Barred by SEC
January 15, 2022 Triad Advisors Disciplined for Failing to Supervise LJM Mutual Fund Recommendations, Which Lost 80% In Value Before Liquidating
January 14, 2022 Royal Alliance Associates, Sagepoint Financial & FSC Securities Sanctioned for Supervisory Failures; SagePoint Cited for Failing to Monitor Known Problem Brokers
January 06, 2022 RBC Capital's Unsuitable Concentration in High-Yield Bonds Nets $1 Million Settlement
December 30, 2021 Wedbush Securities to Pay $1.2 Million Over Unregistered Microcap Sales
December 22, 2021 American Portfolios Financial Services Cited After Assistant Kimberly Sredich's Theft from Clients & Rep Mark Hopkins' Misappropriation, $1 Million SEC Case
November 29, 2021 WestPark Capital Sanctioned for Misrepresentations in $3.9 Million Promissory Note Sales
November 23, 2021 JP Morgan Advisors' Antoine Souma Suspended for Incorrect and Misleading Reports to Customer
November 22, 2021 Non-Traded Real Estate Investment Trusts: Recovering Damages when a Broker Unsuitably Recommends a REIT
October 19, 2021 Morgan Stanley's Barry Garapedian Accused of Unsuitable Recommendations Causing Millions in Damages
October 18, 2021 Raymond James' Mark Boucher Criminally Charged in $2 Million Fraud
October 05, 2021 Ex-Vorpahl Wing & LPL Financial Broker Lee Victor Nordstrom Barred After Allegedly Placing IRA Trades 4 Days After Client's Death
September 20, 2021 Ex-LPL Financial, APW Capital's Paul Furusho Barred After Loan Investigation
September 14, 2021 SEC Cites 9 Brokerage Firms Over 12b-1 Fee Violations That Harmed Customers
August 26, 2021 Pruco Securities' Alon Zak Accused of Creating Fake Life Insurance Policy Applications by Forging Signatures
August 26, 2021 Jason Seale Cited for Discretionary Trading Without Permission
July 31, 2021 SEC Finds Fiduciary Duty and Suitability Failures in Wrap-Fee Program Recommendations
July 28, 2021 Regulators Crack Down on Record Keeping and Broker Communications via E-mail, Text Message, WhatsApp, and Social Media
July 21, 2021 UBS Ordered to Pay $8 Million for Unsuitable Complex ETP Sales of VXX
July 16, 2021 Merrill Lynch to Pay $11.7 Million Over Unit Investment Trust (UIT) Supervisory Failures
June 29, 2021 SEC Orders Crown Capital Securities to Pay $1.6 Million Over Mutual Fund Share Class Violations
June 24, 2021 Farmers Financial Solutions Fined for Failing to Supervise Variable Universal Life, Mutual Funds Business
June 16, 2021 Corey White Barred Over Supervisory & Red Flag ETP Failures at Financial West Group Because "There Were Too Many to Review"
May 19, 2021 Hung Sam Cited for Borrowing From Wells Fargo Customer Without Authorization
May 17, 2021 Wells Fargo's Gary Wells Sanctioned for Accepting Prohibited Bequests from Elderly Customer's Estate
May 13, 2021 IRS Warns of Conservation Easement Tax Scams as Brokers Raise Billions
May 11, 2021 UnionBanc Investment Services Fined $100k for Variable Annuity Supervision Woes
April 30, 2021 Antoine Nabih Souma Under Investigation After JP Morgan Pays $14 Million to Settle Dispute
April 26, 2021 FINRA Bars John Lee Scott of LPL Financial (Phoenix) During Outside Business Activity nad Private Securities Transaction Investigation
April 21, 2021 SPAC Buying Slows as Regulators Propose Rule Change, Reviews of Prior SPACs
April 13, 2021 Steven Schisler Accused of Recommending Elderly Clients Invest in Promissory Note Issued by Partner Previously Barred for Defrauding Investors
April 12, 2021 Independent Financial Group Disciplined Over Concentrated Illiquid REIT Sales, Supervisory Failures
April 05, 2021 James Hedges Cited for Misrepresenting, Failing to Disclose $6 Million of Financial Events on Questionnaire
April 01, 2021 Adviser Who Instructed Elderly Customers to Sign Blank Documents and Lied on Forms to Effect Investments in High-Risk, High-Fee Products Sentenced to 17 Years in Prison
March 31, 2021 Broker-Dealer's Due Diligence Duties for Private Placements Require Research and Supervision
March 26, 2021 While Stating "We Routinely Have Legal Issues," Calton & Associates Adds $500,000 to ETF Legal Budget, Seeking to Pay Customers Restitution for Complex ETF Sales
March 25, 2021 The Logan Group Securities Cited for Multi-Share Class Variable Annuity Violations
March 23, 2021 JP Morgan Broker Trevor Rahn Disciplined for Unauthorized Trading, Improper Discretion, and Mismarking Solicited Orders
March 22, 2021 Growth Capital Services Fined $35,000 for Distributing Misleading Description of Risky Private Placements and Disclosure Failures
March 18, 2021 Whitehall-Parker Securities, Robert James Yuloo Cited for Failing to Supervise Broker Who Sold Fraudulent Woodbridge Ponzi Scheme Products
March 12, 2021 Advisor Group Firms, including Royal Alliance Increase Budgets for Legal and Regulatory Issues
March 12, 2021 FINRA Cites Jeffrey Stanga for Failing to Fully Disclose Outside Business Activity, and Engaging Private Securities Transactions
March 09, 2021 Cetera Financial Group & Cetera Advisors Paid $4.2 Million Over Mutual Fund Misconduct
March 04, 2021 LPL Broker Rhett Douglas Bedwell Barred During Investigation of Ponzi Scheme
March 02, 2021 Megurditch Patatian Accused of Unsuitable REIT Recommendations Funded Through VA Surrenders
February 27, 2021 Scott Hansen Sanctioned for Unapproved Will and Trust for Elderly Customer, Threatening Family After Client's Death
February 25, 2021 VALIC Financial Advisors Fined $350,000 for Variable Annuities Failures After Prior $1.75 Million Fine
February 22, 2021 Wells Fargo's Scott Reed Barred After Selling $3.5 Million of Web/Software Investments Away from Firm
February 18, 2021 Andrew Perona Sanctioned for Taking Clients' Personal Information to New Firm Without Consent
February 11, 2021 FINRA Fines Triad Advisors $150,000 Over Poor Mutual Fund & Variable Annuity Switches That Resulted in Customer Losses
February 10, 2021 My Financial Girlfriend CEO Lisa Brumm Sanctioned for Unsuitable Variable Annuity Recommendations
January 31, 2021 Broker San Nicolas Barred Over Recommendation to Purchase Las Vegas Raiders Seats
January 27, 2021 George Magladry Suspended for Failing to Disclose Felony Charges
January 25, 2021 Cetera Firms Fined $1 Million for Supervisory Failures in Third-Party Securities Transactions
January 20, 2021 Merrill Lynch Broker Ryan Raskin Barred After Inappropriate Investment Recommendations, Firing
January 13, 2021 LPL Financial's Arthur Obermeier Cited for Unauthorized Discretionary Trading
January 07, 2021 LPL Financial Fined $6.5 Million for Supervisory Deficiencies in Wake of $1+ Million Ponzi Scheme
January 01, 2021 Worden Capital Management Ordered to Pay $1.5 Million Over Systemic Excessive Trading and Unsuitable Recommendations That Caused Losses of Millions of Dollars, Interfering with Customers' Requests to Transfer Accounts to Another Broker-Dealer
December 17, 2020 FINRA Charges Nicholas Baecker with Forging Customer Signatures on Forms
December 11, 2020 California's Infinity Financial Services Fined $35k Over Inadequate Background Checks of Brokers, Failing to Obtain Industry Approvals
December 09, 2020 FINRA Charges Gregory McCloskey aka Gregory Meier with Covering Up Improper Private Securities Transaction (PST) with a Second Improper PST
November 27, 2020 FINRA Cracks Down on Unit Investment Trust (UIT) Short-Term Trading Abuse at Stifel, Nicolaus & Company
November 25, 2020 FINRA Finds Variable Annuities, Life Insurance Liquidation Strategy Unsuitable, Cites ON Equity Sales Broker
November 20, 2020 American Portfolios Financial Services Fined for Unsuitable VXX Recommendations That Caused Customer Losses
November 17, 2020 SEC Issues Securities America Advisors Cease-and-Desist Order Over XIV, VIXY ETF Trades Resulting in Losses in Over 150 Client Accounts
November 13, 2020 SEC Fines Royal Alliance Associates Over Volatility Linked ETP Failures, Including iPath S&P 500 VIX ETN 'VXX'
November 10, 2020 Vonna Kay Husby Barred During Investigation into Undisclosed Bank Account Co-Owned With Elderly Customer
November 03, 2020 LPL Financial's Timothy Engelmann Sanctioned for Unauthorized Loan Through LLC
October 28, 2020 David Walters Cited for Outside Business, Private Securities Transactions
October 12, 2020 Stephen Whittaker Cited for Undisclosed Outside Business Activity
October 05, 2020 Kathleen Bott Barred After Investigation Into Theft Charges
October 03, 2020 SEC Fines Morgan Stanley $5 Million Over Short Sale Violations in Swaps Business
September 19, 2020 Voya Broker James Flynn Racks Up Suitability Complaints, Reportedly Flees to Caribbean
September 16, 2020 JP Morgan's Lauren Wing Cited for $314,000 of Unauthorized Trading in Senior's Account
September 06, 2020 Chih-Ming Huang Suspended After Failing to Disclose Felony Charge
September 03, 2020 Wells Fargo Variable Annuity Supervision Violations Net $2 Million in Fines and Restitution
September 01, 2020 LPL Financial's James Rapisarda Cited for Private Securities Transaction
August 27, 2020 SEC Fines Firm $1 Million Over High-Fee Mutual Fund Recommendations
August 24, 2020 FINRA Bars Terminated Brokers Lau, Winters, for Failing to Provide Information
August 20, 2020 Wedbush's David Hirons Accused of Unauthorized Trading
August 13, 2020 Ex-First Allied Broker Kimberly Barensten Cited for Charging Undisclosed VA Fees
August 04, 2020 Oppenheimer, Already Sanctioned $3.8 Million, Sees Broker Penalized for Premature & Unsuitable UIT Sales & Trades
July 29, 2020 Fired Morgan Stanley Broker Stephen Sloane Under Investigation for Unsuitable Recommendations in Quickly Trading Long-Term Investments
July 23, 2020 James Daughtry Barred in 'Potentially Fraudulent and Unauthorized Transactions' Investigation
July 14, 2020 Merrill Lynch, Charles Kenahan Under NH Investigation for $100+ Million Churning & Unauthorized Trading
July 11, 2020 JP Morgan's Adrienne Mak Barred Over Claims She Used Personal Email, Cell Phone to Communicate With Customers
July 08, 2020 Elizabeth Morrell Barred Over Fraudulent Woodbridge Group Ponzi Scheme
June 30, 2020 Barry Hartwyk Disciplined for Unauthorized Use of Discretion
June 27, 2020 Micah Patterson Disciplined for Future Income Payments (FIP) Solicitation
June 20, 2020 E-mail Communication Failures - What a Terminated CEO, WhatsApp Broker, Woodbridge & FIP Have in Common
June 19, 2020 Quinn Campbell Disciplined for Removing MetLife Customers' Private Info
June 11, 2020 Dee Dee Brooks Barred Over Fraudulent Woodbridge Ponzi Scheme, Future Income Payments Solicitations
June 09, 2020 CFP Board Disciplines California's Joel Davidman for Unauthorized Discretion, Alaska's Michael Shamburger and Rob Wedel for Multi-Million Dollar Misconduct
June 05, 2020 LPL's Donald Padilla Suspended for Circumventing Firm Supervision, Unapproved Email Accounts
June 02, 2020 Stifel Nicolaus to Pay $3.65 Million for Unsuitable Unit Investment Trust (UIT) Rollovers & Poor Supervision
May 23, 2020 SunTrust Investment Services to Pay $634,000 Over Unsuitable ETF Sales
May 20, 2020 Brokerage Warning Issued for Oil-Linked ETPs, Including US Oil Fund
May 15, 2020 Ameriprise Broker Arthur Hoffman Barred Following Fraud Complaint, Investigation
May 10, 2020 FINRA: LPL Financial Unsuitably Sold Elderly Clients Risky REITs After Broker Lied About Customers' Net Worth
May 07, 2020 Western International Securities Failed to Disclose Brokers' Financial Events Totaling $5.6 Million, Says FINRA
May 01, 2020 Wells Fargo's Bryan Benson Barred After Investigation Into DPP Customer Complaint
April 23, 2020 Integrity Brokerage Services CEO Joshua Helmle Accused of Deliberately Defying FINRA, Allowing Disqualified Broker Marc Jaffe to Work While Ineligible and Serve While Unregistered
April 20, 2020 Wedbush Broker James Richards Cited for Supervision Failure Over Multi-Million Dollar Margin Deficits
April 16, 2020 CFP Board Suspends California's Michael Altobell & Richard LaBare
April 09, 2020 JP Morgan's Steven Lu Barred for Pretending to Befriend, Taking Advantage of Elderly Alzheimer's Client
April 08, 2020 Clare Cail Suspended for Altering Signed Account Documents, Submitting Falsified Form
April 06, 2020 Accurate Record Keeping & Supervision Vital as FINRA Temporarily Lifts Rules, SEC Suspends In-Person Exams During Pandemic
April 01, 2020 Caution Urged as UBS, HSBC Recommending Asian Structured Products to Top Clients
April 01, 2020 Corona Virus Plagues Risky Structured Products, Reverse Convertibles
March 31, 2020 Exchange-Traded Notes At Heightened Risk Due to COVID-19's Market Volatility
March 30, 2020 Corona Virus Claims UBS ETRACS ETN Structured Products as Risky Debt Notes Free-Fall
March 27, 2020 Excess Concentration Can Prove Disastrous During Economic Downturn
March 25, 2020 Margin Trading and Complex Leveraged Products Could Amplify Losses During Coronavirus Commotione
March 24, 2020 Coronavirus Losses, Stock Market Decline Expose Fraudulent Schemes
March 23, 2020 FINRA Sanctions Scott Kozak for Soliciting $1.2 Million Away from Firm Cetera, False Statements
March 23, 2020 COVID-19 Update
March 04, 2020 AXA Advisors' Billy Zhang Cited After Settling Misuse-of-Funds Complaint Away From Firm
March 02, 2020 Ronald Hannes Barred During Conversion Investigation
February 22, 2020 IFG Broker Martin David Batstone Barred for Fraud After Converting Client Funds
February 14, 2020 Commonwealth Income and Growth Fund at Heart of FINRA Bar for Misuse of Funds
February 06, 2020 Wells Fargo Fined for Failing to Supervise Rep's Excessive Trading; Matthew Maczko Barred
February 05, 2020 SoCal Ameriprise Broker Li Lin Hsu Sentenced for $8.2 Million Fraud
February 04, 2020 FINRA's Saction of Mason Gann Highlights Risks of Naked Puts Strategy
February 03, 2020 Royal Alliance Fined $400,000 Over $3.8 Million Theft from Customers
January 30, 2020 Kerry Wills Sanctioned for Borrowing $150k, Accepting Luxury "Travel Gifts" From Elderly Customer
January 27, 2020 FINRA Bars NYLife's Kari Bracy Over $300 Million Ponzi Scheme Future Income Payments Misrepresentation
January 23, 2020 Shlomo Strugano, Former First Allied Broker, Barred During Forgery Investigation
January 17, 2020 Citigroup, YieldStreet Plans Risky Hedge Fund Product for Retail Customers
January 15, 2020 NEXT Financial Group Fined for Unsuitable Non-Traded REIT Sales
January 08, 2020 Barred Broker John Chrysadakis' Alleged Conversion at Mason's Lodge Illustrates Affinity Fraud Risk
January 06, 2020 FINRA Penalizes Oppenheimer & Co $3.8 Million After UIT Supervisory Failures
January 02, 2020 First Financial Equity Corporation Sanctioned for Failing to Timely Disclose Financial Events, Supervisory Deficiencies
December 31, 2019 Hicks Latest Broker Accused of Unsuitable High-Risk REIT and BDC Sales to Senior Citizen Investors
December 21, 2019 Francisco Valenzuela Cited for Failing to Disclose Lien
December 18, 2019 CUSO Financial Services' Gerald Coyne Latest Firm Rep Sanctioned After VA Investigation
December 05, 2019 Eugene Gordon Cited for Allowing Wife's Unauthorized Withdrawals From Morgan Stanley Client's Account
December 02, 2019 SEC Bars Securities America Broker Ronald J Roach over $1 Billion DC Solar Fraud and Ponzi Scheme
November 20, 2019 FINRA Bars Julie Ann Mineard for Unauthorized Transfer of Funds into Her Own Personal Bank Accounts
November 12, 2019 FINRA Bars Jun 'Justine' Zhou Over Private Real Estate Transactions
November 08, 2019 Cetera's Christopher Kozak Suspended for Undisclosed Outside Business Activity with Nutrition Bar Investments
October 31, 2019 Ami Forte & Charles Lawrence Barred for Churning Dementia-Laden Elderly Client's Account
October 25, 2019 Environmental Lawyers' Warning of Conservation Easement Investments, Penalties for Abuse of Federal Tax Code
October 24, 2019 JP Morgan Fined $1.1 Million for Failing to Tell FINRA About 89 Broker Misconduct Allegations
October 17, 2019 Financial West Group (LA) Broker Daniel Maughan Barred for ETF Churning & Excessive Trading
October 16, 2019 Broker John Charles Wyshak Ordered to Pay Nearly $1 Million Over Churning Allegations at Raymond James
October 15, 2019 Newbridge Fined $225,000 for Complex Securities, ETF Supervision Failures
October 08, 2019 IFG Broker Martin Batstone Accused of Fraud, Converting Customers' Private Securities Funds for Personal Use
October 04, 2019 James Lamont Sanctioned for Selling $1.5 Million of Notes in Fraudulent Woodbridge Ponzi Scheme
September 27, 2019 Margareta Childs Barred Following Fraud Complaint, Failure to Cooperate with Investigation
September 23, 2019 Clay G Erickson Sanctioned in $5 Million-Worth of Unauthorized VA Transactions
September 17, 2019 JP Morgan Fined $1.1 Million for Failing to Timely Disclose Broker Misconduct, Harming FINRA & The Public
September 11, 2019 FINRA Cites First Financial Equity's Compliance Officer, Melissa Strouse, for Failing to Disclose 67 Broker Liens, Judgments & Financial Events
August 26, 2019 Ex-Cetera Broker Merhoff Racking Up Complaints After FINRA Bar
August 21, 2019 FINRA Sanctions SoCal Brokers for Failing to Cooperate with Investigations
August 19, 2019 Crown Capital Cited for Mutual Fund Supervision Deficiencies
August 10, 2019 Cetera's Mengxuan 'Sharon' Zhang Sanctioned for Falsifying Customer Signature Pages
August 08, 2019 Karen Paek Barred Over Fake Variable Annuity Applications & Forgery
July 31, 2019 Eric Nichols Suspended for Settling Customer Complaint Away from Morgan Stanley
July 30, 2019 NBC Securities' Brian DiJulio Cited for Unauthorized Short-Term Discretionary Trades
July 24, 2019 Trading in a Dead Client's Account Nets Former Wells Fargo Broker Michael Garris a Fine and Suspension
July 22, 2019 FINRA Disciplines LPL Financial's Eric Savell Over Undisclosed Outside Business Activity
July 10, 2019 Signator's Jeffrey Lundstrom Cited for Failing to Disclose $100,000 in Liens
July 10, 2019 Raymond James Compliance Officer Barred for Falsifying Data
July 09, 2019 After Customers Suffer Losses, FINRA Cites Cetera's Summit Brokerage Services for Failing to Review Excessive Trade Alerts
May 08, 2019 Jonathan W. Evans & Associates Announces Filing of FINRA Arbitration Claim Against Western International Securities & Dennis Albert Mehringer, Jr.
February 04, 2019 FINRA Charges Raymond James Compliance Officer with Falsifying Reports to Prevent OBA Audit Follow-Up
January 24, 2019 LPL Financial Sues Barred Ex-Broker Christopher Lossing over $292,000 Theft it Inadvertently Aided
November 03, 2018 LPL Ex-Broker Sonya Camarco Sentenced to 20 Years for Stealing Client Funds, Fraud
July 12, 2018 FINRA Bars Paul Soll Over Investigation into Elder Abuse, Churning, and Unsuitable Penny Stock Recommendations
July 06, 2018 After SEC Fraud Charge, FINRA Bars Robert Tweed for Making False Statements to Obtain $1.6 Million in Athenian Fund LP
July 02, 2018 Massachusetts to Investigate Private Placement Sales & Related Practices at 10 Firms
June 29, 2018 Brian Sung Hyun Sanctioned for Undisclosed Marijuana Consulting Outside Business Activities
June 12, 2018 Complaint Cites Atiq Khan for Failing to Appear in Unauthorized Solicitation, Beneficiary Investigation
June 11, 2018 Stacy Cheney-Jamison Barred Over Alleged $330,000 Theft from Retired Clients
June 08, 2018 $1.2 Billion Ponzi at Woodbridge Group of Companies More Widespread Than Thought
June 06, 2018 John Douglas Wade Barred for Converting $100k from Bancorp Customers
June 05, 2018 Losses in LJM Partners' Funds Spotlight Suitability, Risk Management in Complex Mutual Funds
June 04, 2018 FINRA Bars Harold Couglar for 20-Years of Unauthorized Outside Account Trading Activity
June 03, 2018 Arizona Indicts Howard Price, III for Stealing $475,000 from IRA Accounts
June 01, 2018 Leona Parsons Barred After Investigation into Improper Withdrawals, Withholding Money from Client
May 29, 2018 James Edward Knee Barred, Arrested for Theft from Elderly Client
May 25, 2018 FINRA Awards Clients $800,000 for Oppenheimer's Negligence in Energy Stock Recommendations
May 25, 2018 DOJ Charges Gary Basralian with Fraud, Suit Claims He & Preyed on Elderly Women, Royal Alliance Customers
May 22, 2018 SEC Bars Lauramarie Colangelo for Helping Tarek Bahgat Misappropriate Client Funds Under Guise of Paying Senior Citizens' Internet Bills
May 21, 2018 Gross Margin Debt Climbing at an Unsustainable Rate, Placing Investors at Greater Risk
May 18, 2018 Banks and Brokers Recommending Risky Reverse Convertibles to Combat Volatility Despite Prior Discipline
May 16, 2018 Credit Suisse CEO Warned Unsophisticated Investors Not to Invest in XIV as Lawsuit Alleges Fraud
May 14, 2018 SEC Warned of Volatility-Linked Exchange-Traded Notes' Complexity Before XIV Crash
May 12, 2018 Wells Fargo Survey Finds Two-Thirds of Financial Crimes Against Elderly Are Committed By Trusted Individuals
May 11, 2018 'Volatility Virus' XIV Devastated Wall Street and Ravaged Private Investors as Uninformed Brokers Took on Too Much Risk
May 10, 2018 Revised FINRA Sanction Guidelines Increase Penalties for Brokers with More Complaints
May 09, 2018 Fifth Third Securities to Pay $6 Million for Variable Annuity Suitability and Disclosure Failures
May 08, 2018 Troubled LPL Financial to Pay $26 Million for Selling Unregistered, Non-Exempt Securities
May 07, 2018 Joseph Pratte Barred After Outside Business Activities Investigation
May 02, 2018 James and Lorraine Conaway Sanctioned for Real Estate Outside Business Activity Violations, Disclose Failures
April 30, 2018 Ex-Morgan Stanley Rep Arthur Robert Meunier-Breitman Sanctioned for Tezos Crypto-Blockchain Violations, Illicit Solicitations, and Using Assumed Name
April 27, 2018 Wells Fargo Filing Admits Investigation into 401(k)-to-IRA Rollover Recommendations
April 26, 2018 OHO Decision Barring Richard Tabizon For Altered Compliance Forms, Lying to FINRA, Personal E-mail Use Becomes Final
April 20, 2018 FBI Arrests Ex-Ameriprise Broker Li Lin Hsu for Fraud, Stealing from Clients
April 18, 2018 Merrill Lynch Broker Jonathan Belden Fined & Suspended for Unauthorized Use of Discretion, Trading Restricted Security
April 17, 2018 Dallas York Barred for Refusing to Cooperate with Investigation into Unauthorized Withdrawal of Customer Funds
April 16, 2018 Kevin J Lee Barred Following Investigation into Undisclosed Business Activity
April 13, 2018 Park Avenue Securities Fined $300,000 in Variable Annuities Supervision Investigation
April 11, 2018 Brent Lott Fined & Suspended for False Documentation Scheme in Connection with Heinz VA Ponzi
April 10, 2018 Wells Fargo Wealth Management Investigated for Unsuitable Investments, Self-Dealing
April 05, 2018 Laura Ortega Shean Barred for Converting $124,000 in Client Funds to Pay Personal Tax Bills
April 03, 2018 In Wake of Unsuitable Recommendations Action, FINRA Bars Lawrence John Fawcett for Failing to Cooperate with Outside Business Activities Investigation
March 28, 2018 SEC Charges Wedbush Securities with Failing to Supervise Timary Delorme in Penny Stock Market Manipulation Scheme
March 27, 2018 Lisa Piazza Fined & Suspended for Failure to Disclose Criminal Conviction
March 22, 2018 Phillip Tibbetts Fined & Suspended for Accepting Unauthorized Loan from Customer
March 21, 2018 SEC Fines LA-Based Electronic Transaction Clearing $80,000, Issues Cease-And-Desist Order for Margin Securities Failures
March 19, 2018 Michael Hurtgen Sanctioned for Soliciting Raymond James Customers to Invest Away from Firm
March 16, 2018 David Barber's Unauthorized Trades Prompts FINRA Bar, $2 Million Churning Award
March 15, 2018 Saddled with Settlements, Kevin Yang Sanctioned for Unauthorized Discretion at Morgan Stanley
March 14, 2018 Omer Ozeren Sanctioned for Unauthorized Use of Discretion and Faulty ETF Recommendations
March 13, 2018 Study: Fidelity Increased Risk for 6 Million Retirement Savers
March 06, 2018 DOJ Orders Review of Wells Fargo Advisors' Sales Practices and Recommendations
March 05, 2018 Merrill Lynch Fires Christopher Hibbard after Investigation Uncovers Alleged Theft
February 27, 2018 SEC Charges Joseph Bronson's Strong Investment Management with Cherry Picking Fraud, Misrepresentation
February 22, 2018 Darrell Rideaux Barred During Investigation into Selling Away Allegations
February 20, 2018 Credit Suisse Execs Had Secretaries Complete Training for Them, Records Show
February 19, 2018 Volatility Funds Take a Dive - VelocityShares, ProShares VIX Round Out Worst Performing Volatility ETPs
February 16, 2018 Regulator Charges Scottrade with Fiduciary Duty Rule Violation in Retirement Sales Contest Controversy
February 15, 2018 Newbridge Could Face Philadelphia Public Employee Suits Alleging Millions in Damages
February 14, 2018 SEC Fines Deutsche Bank Securities $4.45 Million for Misleading Mortgage-Backed Securities Sales
February 13, 2018 Guilty of Fraudulent Scheming to Overcharge Clients, SEC Bars Ex-Merrill Lynch Rep Thomas J. Buck
February 12, 2018 Wedbush Fined $1.5 Million Over Customer Protection and Supervisory Failures
February 08, 2018 Suitability and Firms' Duty to Disclose Comes into Focus as VelocityShares Daily Inverse VIX Exchange Traded Notes (XIV) Falls
February 07, 2018 FINRA Warned of Volatility-Linked ETNs Before February Stock Market Plunge
February 06, 2018 Car Dealership Alt Investments in Turmoil as GPB Capital Holdings Alleges Business Partner Fraudulently Converted Funds
February 05, 2018 SEC Adds Misappropriation to Sports Advisor Ash Narayan's Fraud Charge in Amended Complaint
January 31, 2018 FINRA to Flag Brokers as High-Risk Due to Association with Recidivist Reps, Fraudulent Firms
January 30, 2018 JP Morgan's Farid Morim Barred After Conversion Investigation
January 27, 2018 SEC Charges Woodbridge Group of Companies in 'Massive' $1.2 Billion Ponzi Scheme Targeting 8,400 Investors
January 26, 2018 Joseph Farah Barred for Unsuitable and Excessive Trading, Undisclosed Outside Business Activity, and Misrepresentations
January 25, 2018 Ameriprise's Lorene Fairbanks Sanctioned for Unauthorized Loan from Customer, Violative Text Messages
January 25, 2018 Charles Dixon Barred After Termination from Morgan Stanley for Unauthorized Trading
January 22, 2018 Sandeep Varma Cited for Misleading Estate Planning Seminar Communications
January 19, 2018 Richard Foster Sanctioned for Unsuitable IRA Liquidation Recommendation, Risky ETF Trading Strategy
January 19, 2018 FINRA Bars Matthew Kerby After Allegations He Converted Elderly Client's Funds for Personal Use
January 17, 2018 Linked to Dawn Bennett $20 Million Fraud Investigation, FINRA Bars Bradley Mascho for Failing to Cooperate
January 16, 2018 Punished by California Bureau of Real Estate, Guillermo Valladolid Barred for Undisclosed Outside Business Activity
January 16, 2018 FINRA's 2018 Priorities Include Suitability, Cryptocurrency, High-Risk Brokers & Firms, Microcap/Penny Stocks, and Margin
January 10, 2018 Ameriprise's Larry Boggs Barred for Churning Elderly Client Accounts, Improperly Changing Customer Objectives
January 09, 2018 Citigroup Sanctioned $11.5 Million for Displaying Inaccurate Equity Research Ratings, Such as "Buy" When the Firm Meant "Sell"
January 08, 2018 John William Bernard Sanctioned for Unauthorized Exercise of Discretion at LPL Financial
January 05, 2018 Raymond James Fined $2 Million for Failing to Supervise E-mail Communications
January 04, 2018 JP Morgan Fined $2.8 Million for Customer Protection Deficiencies, Flawed Systems, and Supervisory Failures
January 04, 2018 Goldman Sachs Structured Products, Reverse Convertibles, Suitability, and the Fiduciary Rule
January 02, 2018 Merrill Lynch Continues Choice-of-Law Provisions Despite of Industry Discipline and Admonishment
December 29, 2017 Ranking the 20 Worst Performing Mutual Funds by Lowest Return
December 27, 2017 NASAA Identifies Notes, Real Estate, Ponzi, Oil and Gas, Affinity Fraud, and Variable Annuities as Biggest Investor Threats
December 18, 2017 Ex-LPL Broker Leslie Koonce Barred After Falsely Denying Participation in Unauthorized Private Securities Transactions
December 13, 2017 Investors Capital Corporation Censured After 8 Years of Overcharging Customers for Mutual Fund Transactions
December 13, 2017 FINRA Cites Ladenburg Thalmann's Investacorp for Failing to Apply Sales Charge Waivers
December 12, 2017 Woodbridge Group of Companies, LLC, Under SEC Investigation for $1 Billion Fraud as Fund Misses Notes Payment
December 11, 2017 NEXT Financial to Pay $750,000 in Latest Disciplinary Action Concerning Habitual Deficiencies and Systematic VA Failures
December 08, 2017 Spencer Edwards' Steven Quoy Suspended for Issuing Misleading Sales Materials for Advertising Sign Investments
December 04, 2017 Anthony Sica Sanctioned for Recommending Unsuitable High-Risk Securities to Elderly Customer and Unauthorized Trading in Dead Client's IRA Account
November 29, 2017 Modesto's David Lee Reynolds Barred During Misappropriations Investigation
November 28, 2017 Brietburn Energy Partners (BBEPQ) Drops 99% In Value After Risks Become Reality
November 27, 2017 Seadrill Limited (NYSE: SDRL) Runs Aground with Debt Restructuring Fiasco
November 22, 2017 Ex-Morgan Stanley Rep Timothy T Gibbons Suspended, to Pay $737,000 for Unsuitable Oil & Gas Over-Concentration in Elderly Accounts
November 21, 2017 Linn Energy MLP (NASDAQ Symbol: LINE) Was Risky and Costly
November 20, 2017 FINRA Files Complaint Against Farid Morim from its 2016 Investigation into Alleged Conversion and Undisclosed Business Activity
November 18, 2017 Jerry Guttman Barred for 10 Years of Unauthorized Private Securities Transactions
November 16, 2017 Stockbroker and Blue Line Brewery Owner Mark Gillis Pleads Guilty to Securities Fraud
November 14, 2017 Patricia Peterson Sanctioned for Unauthorized Discretionary Trades in WFG Accounts
November 13, 2017 Accused of Elder Fraud in Trying to Generate Commissions, FINRA Bars Hank Werner for Churning and Excessive Trading
November 10, 2017 Lisa J. Lowi Barred During Investigation into Unsuitable Trading, Unauthorized Transactions Complaints
November 09, 2017 FINRA Bars Victor Michel for Failing to Cooperate with Investigation
November 07, 2017 Questar to Pay $800,000 for Overcharging Retirement Plan & Charitable Organization Customers
November 05, 2017 First Allied Securities' Masood Azad Barred After Investigation into Unapproved Private Securities Transactions
November 01, 2017 Former LPL Broker Thomas Breslin Sanctioned for Undisclosed Private Securities Transactions in Biopharma Penny Stock
October 25, 2017 SLCG Study Finds Aegis Capital, Newbridge Securities Employ Most Brokers with History of Complaints
October 23, 2017 Bae Keun Yu Suspended for Undisclosed Outside Securities Business
October 20, 2017 Ex-Newport Coast Securities Broker George Dahl Barred in 15th Disclosure
October 19, 2017 Beware Buffer Annuities - Misrepresentations and Omissions Highlight Complaints of New Risky Product
October 16, 2017 Wells Fargo Ordered to Pay Restitution of $3.4 Million for Unsuitable Volatility-Linked Exchange-Traded Products
October 13, 2017 Ex-NFP Advisor Services Rep Robert J Regan Suspended for Improper Private Securities Transactions
October 11, 2017 Ex-Ameriprise Brokers Jack McBride and Stuart Pearl Cited by FINRA for Improper Margin Trades
October 10, 2017 Ex-Western International Securities Brokers Brittney J Sias, Clement Chichester Barred by FINRA
October 06, 2017 SEC Charges Tweed Investment Services and Owner Robert Tweed with Fraud in Athenian Fund Scheme
October 04, 2017 Mike Crowe Sanctioned for Soliciting Investments in Undisclosed Real Estate Security with Unpaid Returns
October 03, 2017 Sandlapper Securities Accused of Charging $8 Million in Fraudulent Markups for Saltwater Disposal Well Private Placements
September 28, 2017 Ex-LPL Rep Sonya D Camarco Charged with Securities Fraud and Theft in Colorado
September 27, 2017 Ex-Royal Alliance, Next Financial, and Dominion Investment Rep Roger Hudspeth Pleads Guilty to $6 Million Fraud
September 25, 2017 Morgan Stanley Ordered to Pay Over $13 Million for Unit Investment Trust (UIT) Supervisory Failures
September 22, 2017 Arbitration Panel Orders Barred Broker Li-Lin Hsu, Ameriprise Financial to Pay $675,000 for Alleged Misrepresentation and Misappropriation of Customer Funds
September 22, 2017 SII Investments Charged with REIT Supervisory Failures in Liquid Net Worth Overvaluations
September 21, 2017 Former LPL Financial San Diego Broker Marc Ravenscroft Barred for Conversion, Use of Phony Expense Reports
September 20, 2017 Mehran 'Ron' Tazhibi Sanctioned for Unsuitable Speculative Bond Recommendation to Retired Clients
September 19, 2017 With 33rd Disclosure Since 2002, Broker Tiffany Ann De Ruosi (Rigali), Criminal Record in Hand, is Suspended
September 18, 2017 "Massive Energy" Broker John Kai Barred After Undisclosed Private Securities Transactions, Outside Business & Discretion Investigation
September 15, 2017 Ex-JP Morgan Securities Rep Todd Jason Jones Sanctioned for Unauthorized Trading in Complex ETN
September 13, 2017 SEC Bars JL Capital Management's Jeremy Licht for Fraudulent Cherry-Picking Trade Scheme That Harmed Clients
September 12, 2017 Joseph Yanofsky Fined $10k for Unauthorized Use of Discretion, Directing Unlicensed Subordinate to Enter Trades
September 11, 2017 Nancy Johnson Sanctioned for Repeated False Statements to Morgan Stanley in Fraudulent Wire Transfer to Imposter
September 08, 2017 William Glaser Barred, Under Federal Investigation Related to Fraud Indictment, After 76-Year-Old Navy Vet Suffers $400,000 Private Placement Loss
September 07, 2017 Colorado Broker Bruce Page Barber Barred in Outside Business Activity Investigation
September 05, 2017 Jeffrey Alan Smith is the Latest Ex-Accelerated Capital Group Broker Cited for Pre-Signed, Altered Forms
September 01, 2017 FINRA Sanctions Elaine LaCerte for Unsuitable UIT Sales, Causing Unnecessary Sales Charges
August 30, 2017 Facing Allegations of Fraud and Churning, Frederick Houck Suspended for Unauthorized Use of Discretion
August 29, 2017 John Kostic Sanctioned, Disgorgement Ordered for Unauthorized Private Securities Transactions
August 27, 2017 SEC Freezes Ex-LPL Broker Sonya D Camarco's Assets in Alleged $2.8 Million Fraud and Misappropriation Scheme
August 25, 2017 OHO Issues Decision Barring Jim Jinkook Seol over Undisclosed EB-5 Business
August 23, 2017 Say Nie Sam Sanctioned for Falsifying Wire Transfer Forms
August 21, 2017 Jay Dee Jordan Barred for Unsuitable ETF Trading Resulting in $8 Million Loss, Settling Away
August 15, 2017 FSC Securities Corporation Fined for Non-Traditional ETF Failures, Unsuitable Recommendations
August 10, 2017 Buyer Beware - Worst Performing Mutual Funds & ETFs From 2012-2017
August 09, 2017 Howard Hull Fined & Suspended for Firm's Supervisory Failures
August 07, 2017 Ex-LPL Financial Broker Stanley Scott Garrison Cited for Undisclosed Business, False Compliance Questionnaires
August 03, 2017 Stephen Salm Sanctioned for Sharing Customers' Personal Info with 3rd Parties
August 01, 2017 LPL's Cooke, Hood, Laws & Long Charged in Variable Annuity Fraud Scheme Targeting Federal Employees
July 31, 2017 Fictitious Letters to Elderly VA Customer Earns Jason Belajack a Permanent Bar in Latest Discipline of Ex-ACG Broker
July 28, 2017 FINRA Bars Kim Dee Isaacson for Defrauding Elderly Customer
July 27, 2017 PA Fines Austin Dutton $200,000 & Newbridge $499,000 for Dishonest, Unethical Practices in Unsuitable REIT Sale
July 25, 2017 FINRA Bars Timothy Ballard for Failing to Cooperate with Investigation
July 22, 2017 FINRA NAC Affirms OHO Bar of David Escarcega for Fraudulent Misrepresentations to Elderly Clients in Arizona, California and Washington
July 21, 2017 AXA Advisors' Chad Hornaday Barred for Selling Away and Borrowing Money from Client
July 19, 2017 Larry Wolfe Fined & Suspended for Unauthorized Discretionary Trading in Accounts of 39 Customers
July 18, 2017 After $2.4 Million Suit Alleging Elder Abuse, FINRA Bars James Schaedler Following $200k Gift Investigation
July 18, 2017 David Gott Sanctioned by FINRA for Selling Interests in "Gott Ice Cream, LLC"
July 14, 2017 Robert Tweed Named in False & Misleading Private Placement Memorandum Complaint, Fraud Investigation
July 13, 2017 Stephen S. Eubanks Sentenced to Prison, Ordered to Pay Restitution for Wire Fraud Scheme
July 07, 2017 Jaime Aguilar Suspended for Unauthorized Loans from Customers
July 06, 2017 Murray Monroe Sanctioned for Failing to Disclose Appointment as Executor of Customer's Estate
July 05, 2017 Poorly Performing Mutual Funds Place Money Managers in Jeopardy
July 03, 2017 Richard Botkin Fined & Suspended for $245k of Unauthorized Movie-Related Investments
June 30, 2017 American Realty Capital Properties Ex-CFO Brian Block Guilty of Securities Fraud in Schorsch REIT Empire Crackdown; 50+ Firms Continued to Sell Related RCAP REIT After Financial Woes Became Public
June 30, 2017 Mitchell Behm Sanctioned for Unauthorized $180,000 Loan, Failure to Disclose Prior Bankruptcy
June 29, 2017 Sammy Legaspi Sanctioned for Using, Photocopying Pre-Signed Signed Blank Forms
June 27, 2017 Former LPL Financial (Fresno) Broker Todd Pilosi Punished for Borrowing Money From Client
June 23, 2017 Complaint Charges Kyle Harrington, Linda Milberger with Deception, Conversion, Concealment, Selling Away
June 21, 2017 FINRA Fines Scottsdale Capital Advisors $1.5 Million, Bars John Hurry, Suspends Timothy DiBlasi & D Michael Cruz in Illegal $1.7 Million Cayman Islands Microcap Sales Scheme
June 19, 2017 Jose J. Perez Sanctioned for Impersonating Client's Brother to Request Retirement Funds Transfer; Requests Transfer from Wrong Account
June 16, 2017 Ex-IFG and Centaurus Broker Calvin Moores Barred After FINRA Investigation, OTC Dispute Alleging Fraud, Complaint Alleging Elder Abuse
June 13, 2017 Christopher M. Hawn Fined & Suspended for Unauthorized Private Securities Transactions & Undisclosed Outside Business Activities
June 12, 2017 Kim Dee Isaacson Charged with Fraudulent Misrepresentations, Unauthorized Transactions in Elderly Client's Account
June 09, 2017 FINRA Sanctions James Cox for Unsuitable VA Recommendations, Outside Business Activity, Misrepresentation, Mutual Funds
June 08, 2017 Ameriprise (Irvine)'s Jim Seol Barred for 'Egregious' Selling Away of $100 Million Private Placements for Immigration's EB-5 Program
June 06, 2017 Ex-Ameriprise Broker Mark Francis Speakman Pleads Guilty to REIT Wire Fraud, Money Laundering
June 03, 2017 Ex-Red Ridge Securities CEO Brent Hurt Sanctioned for Failing to Supervise Broker in $1 Million Misappropriation Scheme
June 01, 2017 Ex-Morgan Stanley Rep John Bocchino Barred for Concealing $190 Million in Venezuelan Bond Trades
May 31, 2017 FINRA Investigating Joseph Farah for Churning, Suitability, Undisclosed Outside Business Activities, Misrepresentations
May 30, 2017 Michael Mahabir Barred After Conversion Investigation
May 25, 2017 Wells Fargo to Restrict Structured Products, Municipal Bonds in IRA Accounts
May 17, 2017 Andrew Logullo Sanctioned for Selling Away, Undisclosed Outside Business, and Improper Use of Discretion Trading Penny Stocks
May 16, 2017 Curian Clearing Fined for Failing to Deliver Prospectus Materials to Customers
May 15, 2017 Inglewood's Jose Jimenez Sanctioned for Allowing Unlicensed Son to Conduct Securities Business
May 08, 2017 Walter Marino Charged with Collecting $60k Commissions as Clients Lost Money Over Unsuitable Variable Annuity Replacements
May 04, 2017 FINRA Fines Summit Equities $325,000 for Variable Annuity-related Supervisory Failures, IME Fund Collapse
May 03, 2017 LPL Settles Over Non-Traded REIT Misconduct, Possible $8 Million Payout for Latest LPL Snafu
May 02, 2017 Ex-LPL Rep Thomas Andrews Charged with Defrauding 23 Investors in Liquidation Scheme
May 01, 2017 Ex-Raymond James Broker Scott Sibley Barred for 900 Unauthorized Transactions, Unsuitable Recommendations to 10+ Seniors
April 28, 2017 Demitrios Hallas Charged in Unsuitable ETF Investment, Fraudulent $170k Misappropriation Scheme
April 27, 2017 Ex-Merrill Lynch Broker Alec Rivera Pleads Guilty to $1 Million Theft from Clients
April 24, 2017 John Olinghouse Sanctioned for Falsifying Documents, Settling Elder Diminished Capacity Customer's Complaint Away from Firm
April 19, 2017 Hossein Amirraiahei Barred Over Unauthorized Discretionary Trading Investigation
April 18, 2017 Stockcross Financial Services of Beverly Hills Fined for Supervisory Violations, Failing to Timely Publish OTC Bids
April 13, 2017 Ex-LPL Broker Robert Tricarico Convicted, Sentenced for Stealing $1.2 Million from Elderly Clients, Wire Fraud
April 07, 2017 Tracy Turner Barred Over False and Misleading Oil-and-Gas Communications Probe
April 01, 2017 Iain Reilly Fined & Suspended for Impersonating Customers in Phone Calls to Insurance Company
March 29, 2017 CUSO Financial Services to Pay $172.5k in Fines and Restitution for Mathew Hartshorn's Unsuitable UIT Sales
March 10, 2017 First Financial Equity CCO Melissa Strouse Punished for Suitability, ETF, Heightened Supervision Failures
March 07, 2017 Ex-MLB Pitcher & Morgan Stanley Rep Patrick Combs Suspended for Selling Away
March 02, 2017 Craig Dima Barred for $15 Million of Unauthorized & Unsuitable Trades in Elderly Client's Retirement Account
February 27, 2017 Vincent Payne Suspended for Forgery, Falsifying Customer Signatures
February 24, 2017 Excessive REIT, BDC Sales Charges Caused by Conflict-of-Interest Fraud Nets Purshe Kaplan Sterling Investments $3.4 Million Restitution Order, $750,000 Fine
February 21, 2017 Red River Securities Expelled, CEO Brian Hardwick Barred, Ordered to Pay $24.6 Million in Restitution for Fraud
February 16, 2017 LPL Financial Fined $900,000 for Failing to Send Required Account Notices, Supervisory Failures
February 14, 2017 Morgan Stanley to Pay $8 Million Penalty in Unsuitable Single Inverse ETF Sales, Customer Losses
February 14, 2017 Ex-Financial West Group Broker Kelly Clayton Althar Barred for Unsuitably Risky and Excessive Trading in Elder Client's Account that Resulted in $187,000 in Losses
February 13, 2017 Matthew Maczko Barred for Churning in 93-Year-Old Client's Account, Resulting in Loss; Misleading Testimony
February 09, 2017 Dion Padilla Sanctioned for Unauthorized, Misrepresented, and Concealed Variable Annuity Purchase
February 07, 2017 James Calder Sanctioned for Unauthorized Outside Business Activity
February 06, 2017 After Separation from JP Morgan, Robert Stewart Says He Just Followed Firm's Longstanding Practice
February 03, 2017 Ex-Oppenheimer, Marquis Financial Broker Stephen Wilshinsky, Gregory Goldstein, Others Sentenced for Roles in de Maison's $39 Million Penny Stock Fraud
February 02, 2017 Lawson Financial, CEO Robert Lawson Barred for Fraudulent Municipal Bond Sales
January 31, 2017 Citigroup to Pay $18 Million for Overbilling Clients, Misplacing Decades-Worth of Client Contracts
January 26, 2017 New Complex Buffer Annuity Drawing Regulator's Interest: "Does the firm understand it? Does the rep?"
January 24, 2017 Citizens Securities Fined $300,000 for Failing to Disclose Customer Complaints
January 18, 2017 Tommy Mai Sanctioned for Forging Customer Signatures, Running a Misleading Los Angeles-area TV Show That Discussed Securities
January 10, 2017 Complaint Alleges Kelly Althar's Unsuitable and Excessive Trading Caused $187,000 Loss in Elderly Client's Accounts
January 05, 2017 2017 FINRA Priorities: High-Risk and Repeat-Offender Brokers, Suitability & Sales Practices, Cybersecurity
December 29, 2016 Former ACAP AML Compliance Officer Gary Hume Barred for Improper Unregistered Penny Stock Liquidation
December 22, 2016 Wells Fargo, LPL Financial Among 12 Firms Fined $14.4 Million for Cybersecurity, Data Protection Failures
December 20, 2016 FINRA Bars Ken Balser After Investigation into Private Securities Transactions
December 17, 2016 Kai Chen Fined & Suspended for Unauthorized Use of Discretion at Credit Suisse
December 13, 2016 FINRA Sanctions Davood Kohan for Improperly Settling Complaint Away from Firm
December 09, 2016 Christopher Ariola Barred, Ordered to Pay $138k in Restitution for Unsuitable Gold & Energy Recommendations
December 06, 2016 Credit Suisse Securities Fined $16.5 Million for Significant Supervisory Deficiencies in Detecting Suspicious Microcap Trades
December 05, 2016 FINRA's Recent Sanctions Underscore Compensation and Conflict of Interest Priorities
December 02, 2016 MA Charges LPL Financial for Adviser Roger Zullo's Alleged Variable Annuity Fraud, Elder Abuse
December 01, 2016 Merrill Lynch to Pay $7 Million in Fines & Restitution for Inadequate Supervision of Leverage Use in Customer Accounts
November 28, 2016 VALIC Financial Advisors Fined $1.75 Million for Conflict of Interest, Supervisory Failures Related to Variable Annuities
November 22, 2016 Jason Vanclef, VFG Securities Sanctioned for Making False Claims in Book Promoting REITs and DPP Investments
November 19, 2016 Oppenheimer & Co Ordered to Pay $3.4 Million in Fines & in Restitution for Supervisory, Discovery & Reporting Failures and Violations
November 16, 2016 John Hudnall Barred for Selling Away a REIT Investment to Elderly BancWest Customer
November 14, 2016 FINRA Bars Ex-LPL Broker Dominic DeBruin over Undisclosed Private Securities Transactions, Depositing Client Money into Controlled Account
November 10, 2016 Gerald Cocuzzo Pleads Guilty to Securities Fraud in $131 Million Market Manipulation Scheme of ForceField Energy
November 09, 2016 Stanley Niekras Accused of Misrepresentation, Billing Elderly Clients for $70,000-worth in Fabricated Fees
November 07, 2016 Tracy Turner's 35th Disclosure is Complaint Alleging $4.1 Million Private Securities Misconduct
November 02, 2016 Eight Firms Fined $6.2 Million for Variable Annuity L-Share Supervisory Failures
November 01, 2016 Unsuitable and Risky Oil and Gas Sales and Plummeting Energy Investments Cost Elderly Clients Millions of Dollars in Losses
October 30, 2016 FINRA Cracks Down on Cross-Selling Programs in Wake of Wells Fargo Fiasco
October 27, 2016 Stuart Dickinson Barred, Restitution Ordered for Recommending Customers Purchase the ATM Alliance Ponzi Scheme
October 25, 2016 Anthony Lombardi Fined and Suspended for Failing to Disclose Outside Insurance Business Activity
October 21, 2016 Ex-LPL Broker Mark Tauzin Suspended, Ordered to Pay $225,000 for Unsuitable UIT Short-Term Trading
October 20, 2016 JWE Investigating Ponzi-Like Scheme Involving UDF IV REITs as SEC Issues Wells Notice
October 18, 2016 Gregory Bauer Barred After Forgery Leads to $400,000 in Unauthorized Withdrawals
October 16, 2016 Jeffrey Howell Barred for Inflating Values, Sending False Account Statements to Customer
October 12, 2016 Donald Toomer Barred, Indicted for $30 Million Pump-And-Dump Penny Stock Fraud
October 06, 2016 Cetera Financial Group's Investors Capital Corp to Pay $1.1 Million Over Unit Investment Trust, Steepener Note Sales
October 04, 2016 Betty Lai Johnson Disciplined for Impersonating Customer, Liquidating Account
September 30, 2016 Alejandra Valenzuela Barred for Improper Conversion at Morgan Stanley
September 29, 2016 UBS to Pay $15 Million over Unsuitable Reverse Convertible Note Sales to Conservative and Retired Investors
September 21, 2016 Avenir Financial Group Sanctioned, CEO Michael Todd Clements Barred, Rep Karim Ibrahim Suspended for Fraud
September 19, 2016 George Zedan Barred for Elder Abuse and Conversion of 87-Year-Old Customer's Funds, Escapes Prosecution when Victim Dies
September 17, 2016 John Randall Gladden Disciplined for $2.1 Million in Unauthorized Private Securities Transactions Away from the Firm
September 16, 2016 Linda Dowd Disciplined over Pre-Signed Blank Distribution Request Forms, Personal E-mails
September 14, 2016 FINRA Fines Ameriprise Financial $850k over Rep & Manager Weseloh's Conversion of $370,000 from Customers
September 13, 2016 Ex-LPL Broker Cheryl Kerber Fined & Suspended for False Statements About a Loan
September 12, 2016 Jonathan W. Evans & Associates is Investigating Claims Against William Mark Heiden & Wedbush Securities over Energy Stock Overconcentration
September 07, 2016 Jerry McCutchen Barred in Connection with Over 20 Customer Complaints Alleging REIT & Alt Investment Unsuitability, Misrepresentations
September 06, 2016 Ameriprise Financial Failed to Supervise Michael Halla's Unsuitable Closed End Fund Short-Term Trading, Fined $100,000
August 30, 2016 Christopher Ariola Charged with Unsuitable Energy Recommendations to Elderly Clients, Undisclosed Trading
August 25, 2016 SEC Fines 13 Firm $2.2 Million for Repeating False ETF Claims by F-Squared Investments
August 24, 2016 Ex-LPL Financial & Crown Capital Broker Eric Kuchel Barred After Failing to Cooperate with Mutual Fund Investigation
August 23, 2016 $150 Million Lawsuit Against Morgan Stanley Alleges Excessive 401(k) Retirement Plan Fees, Self-Dealing
August 22, 2016 Morgan Stanley to Pay $4.7 Million for Failure to Supervise Broker's Unauthorized Trading, Settlement to Include Dimes-on-the-Dollar Payment to Burned Clients
August 13, 2016 Newport Coast Securities Hit with $100k Arbitration Award, Including $57k in Damages for Elder Abuse; Firm Opts to Quit the Industry
August 11, 2016 Non-Traded REITs Failing in Face of Industry, Regulatory Challenges, High Commissions
August 10, 2016 Ciro "Nick" Cavazos Fined, Suspended for Unauthorized, Undisclosed Loan; Accused of Fraud & Financial Elder Abuse
August 06, 2016 Hank Werner Charged with Fraudulent Churning, Excessive Trading, Unsuitable VA Recommendation Against Elderly, Blind Widow
August 03, 2016 SoCal Broker Brian Egan Barred for Failing to Disclose 87 Brokerage Accounts at an Outside Firm
August 02, 2016 Ex-California Broker Daniel McKelvey Pleads Guilty in Fraudulent Shell Corporation Penny Stock Scheme
July 29, 2016 Victor Michel Sanctioned for Using Personal E-Mail, Failure to Retain Correspondence, Settling Complaint Without Notifying Firm
July 28, 2016 James Earl Mahan Barred after Failing to Cooperate with Investigation into Unapproved Investment
July 27, 2016 FINRA Bars Retirement Income Planner Nathan Silva for Failing to Cooperate with Misconduct Investigation
July 23, 2016 Ex-Wells Fargo Advisor Bradley Smegal Charged with Securities Fraud for Defrauding Clients Out of $5 Million, Making Ponzi Payments
July 22, 2016 FINRA Considering New Fund for Unpaid Arbitration Awards
July 21, 2016 Bernard McGee Barred for Fraudulent Annuity Sales, Lying About Surrendering Elderly Client's VA for Charitable Gift Annuity
July 20, 2016 Prudential Annuities Fined $950k for Failing to Prevent Theft of $1.3 Million From Elderly Client's VA
July 18, 2016 Wedbush Drops Appeal of $1 Million Fine for "Egregious" and "Willful" Blue Sheet Failures
July 16, 2016 Complaint Against First Financial Equity Corp Alleges Supervisory Failures, Excessive Commissions
July 14, 2016 Nickolus Finley (Waddell & Reed/San Diego) Cited for Copying & Pasting Customer's Signature
July 13, 2016 Former HSBC & MKM Partners Rep Luis F Gil Sanctioned for Brokering Without a License
July 11, 2016 Update: Winston Turner Barred for Variable Annuity Fraud and/or Deception
July 06, 2016 Ex-Merrill Lynch Broker John Arnold Sanctioned After His False Statements, Procedural Failures Allow Fraudster to Steal $127,200
July 05, 2016 Deutsche Bank Securities Fined $6 Million for Inaccurate and Late Blue Sheet Data
June 30, 2016 WFG Advisors Fined, Censured $100k for Overcharging Customers in Alt Investment, REIT Sales
June 29, 2016 Anthony Diaz, a Repeat Offending Rogue Broker Under Federal Indictment for REIT Fraud, is Poster Child for Worrying Trend
June 24, 2016 Merrill Lynch to Pay $415 Million in SEC Order for Misusing Customer Cash, in Addition to $5 Million FINRA order for Materially Misleading Investors
June 23, 2016 Merrill Lynch Fined $5 Million for Failure to Disclose Material Facts, Costs in Structured Note Sales
June 22, 2016 SEC Charges Ash Narayan, The Ticket Reserve with Fraud in Ponzi-Like Sports Ticketing Scheme
June 20, 2016 Kory Keath Named in Complaint Over Elderly Client's Trust Oddities, Unreported Gift
June 16, 2016 Robert Myers Fined $20k, Suspended for Disputed VA Fees Classified as Unapproved Outside Business Compensation
June 15, 2016 Former CCO Allen Holeman the Latest Oppenheimer & Co. Broker in Trouble with FINRA
June 13, 2016 FINRA Fines Morgan Stanley $80,000 for Supervisory Failures, Deletion of 21k OTC Options Positions
June 09, 2016 Shannon Rowland Barred for Converting Funds for Personal Use
June 08, 2016 Oppenheimer & Co Sanctioned $2.9 Million for Unsuitable Complex ETF Trades Amongst Elderly Customers
June 06, 2016 Daniel Miller Fined, Suspended for Undisclosed Outside Real Estate, Private Securities Transactions
June 03, 2016 Yahoo! Finance Message Board Posting re: IFAN
June 02, 2016 E*Trade Securities Censured, Fined $900k for Trade Review & Supervisory Failures, Failure to Ensure Protection of Confidential Info
June 01, 2016 FINRA Charges Jim Seol with Unauthorized WRCI, EB-5 Immigration Outside Business Activity
May 27, 2016 FOG Equities Fined $60k, Brokers David Spack & Scott Epstein Fined and Suspended for AML, Due Diligence Failures in Penny Stock Transactions
May 20, 2016 Raymond James Fined $17 Million for Systematic Anti-Money Laundering Failures
May 19, 2016 Thrivent's Miguel Hernandez Barred for Defrauding Elderly Church-Going Client
May 16, 2016 Crowdfunding Fraud is Possible, Cautions FINRA in News Release for New Startup Investment Opportunities
May 13, 2016 Robert Kerrigan Investigated for Undisclosed USA Barcelona Outside Business Facing Fraud Charge, Barred for Refusal to Cooperate
May 11, 2016 FINRA Announces MetLife VA Information for Harmed Investors: Acceptance of Compensation Does Not Prevent Pursuit of Claims Against MetLife
May 09, 2016 Robert Turpin Barred for Failing to Cooperate with Selling Away Investigation
May 05, 2016 FINRA Opens Investigation into John Hudnall for Alleged Improper REIT Sale to Senior, Annuity Violations & Selling Away
May 04, 2016 David Miller Barred, Ordered to Pay $800k in Restitution for Unsuitable UIT Recommendations
May 03, 2016 MetLife Securities Ordered to Pay Record-High $25 Million for Negligent Variable Annuity Replacement App Misrepresentations and Omissions
April 29, 2016 Paul Valencia Fined & Suspended for Discretionary Trading Without Customer or Firm Authorization
April 26, 2016 Securities America Fined $250k, Broker Stuart Horowitz $100k, for Inadequate Due Diligence, Unsuitable Trading of Preferred Notes
April 25, 2016 Customers Accuse LPL Financial and its Ex-Broker Karl Romero of Misrepresentation, Unsuitable Recommendations
April 21, 2016 Ryan Logan Fined & Suspended for Improperly Changing Client Contact Information, Causing Inaccurate Database
April 20, 2016 Equinox Securities, Stephen Oliveira & Chris Palkowitsh Barred for Excessive Trading & Churning in Customer Accounts, IRAs
April 15, 2016 Greg Taylor Accused of Unethical Conduct Involving 75-Year-Old Widow with Dementia, False Statement to Firm
April 13, 2016 Former Wedbush Associate Shiva Naby Fined $25k & Suspended for Falsifying MSRB Documents
April 13, 2016 Leonard Goldberg Barred for Fraudulent Use of Mutual Fund and ETF Discretion, Causing Over $123,600 in Customer Losses
April 08, 2016 Daniel Liang Fined & Suspended for Falsifying HSBC Documents, Requesting Customers Sign Blank/Incomplete Mutual Fund Forms
April 05, 2016 FINRA Files Complaint Against BrokerBank, Alleging Misleading Press Releases & Recommendations
March 31, 2016 Alfred Chan Fined & Suspended for Unauthorized Indexed Annuities Sales, REIT Risk Disclosure Failures
March 29, 2016 Coburn & Meredith Fined $75k, Ordered to Pay $203k in Restitution for Failing to Apply UIT Sales Charge Discounts
March 25, 2016 Facing Possible Discipline, Scottsdale Capital Advisors Sues FINRA Over Enforcement Authority
March 23, 2016 Wedbush Securities Fined $675,000 for Supervisory Violations in 'Chronic' ETF Delivery Failures, Short Sales
March 19, 2016 Risky, Unsuitable Investments in Poorly Performing Energy, Oil and Gas Ventures May Lead to FINRA Claims
March 15, 2016 UBS Preparing Sales of High-Yield CoCo Bonds, A Risky Debt That Can Bail Out Banks At Expense of Investors
March 11, 2016 William Brown Fined & Suspended for Improper Discretionary Trading Without Authorization
March 09, 2016 Charged with Fraud, Ex-JPMorgan's Michael Oppenheim Sentenced to Five Years for Stealing $20 Million from Clients
March 07, 2016 FINRA Fines RBC Capital $300k for Failing to Disclose Reps' Unsatisfied Liens and Judgments
March 06, 2016 Bahram Mirhashemi Barred for Churning, Excessive Trading & Unsuitable Sales to Elderly Clients Resulting in Losses
March 05, 2016 David Escarcega Barred for Fraudulent Statements, Unsuitable Debenture Sales to Elderly Clients
March 04, 2016 Quest Capital Strategies Fined for Mutual Fund Supervisory Failures, Including Monitoring for Double-Charging Customers
March 02, 2016 7% of Financial Advisers Industry-Wide Cited for Misconduct, Including 20% of Oppenheimer's Advisers
March 02, 2016 Former MetLife & Prudential Broker Winston Turner Accused of Variable Annuity Fraud and/or Deception
March 01, 2016 Goldman Sachs Places Luke Thornburn on Leave for Unapproved Outside Business Activity
February 26, 2016 Firms That Sold 'Ponzi' UDF REITs May Be On the Hook in Wake of FBI Raid, SEC Investigation
February 24, 2016 Aequitas Capital Note Disaster Serves as Reminder of Importance of Advisors Performing Due Diligence
February 21, 2016 Finance 500 Fined & Censured for Inadequate Supervision, Misleading Ads
February 19, 2016 George Johnson Barred, Christopher Wynne Suspended for Market Manipulation Scheme
February 18, 2016 FBI Raids United Development Funding in Investigation; UDF Shares Plummet
February 17, 2016 SoCal Broker Angelo Talebi Fined & Suspended for Improper Trading in Customer's Account
February 12, 2016 FINRA bars brokers Timothy Stephen Dembski and Walter Francis Grenda for fraud related to sales of Prestige Wealth Management Fund, LP.
February 10, 2016 FINRA Issues Investment Alert for Bait-and-Switch Marketing Ploy Involving High-Yield CD Offers
February 08, 2016 Next Financial Group, Key Investment Services & Stephens, Inc. to Pay $1.2 Million in Fines and Restitution for Discount Failures
February 01, 2016 Oil, Gas & Emerging Market Funds Among Those with Worst Total Losses Over Past Three Years
January 27, 2016 Sales Practices Related to Credit Suisse, Velocity Shares, JPMorgan Notes, and Other Structured Products Remain Area of Concern
January 26, 2016 Robert Richards Fined and Suspended Over Penny Stock Price Manipulation
January 23, 2016 10 High-Yield Bond Funds Posting Largest Negative Returns Over Past Year
January 19, 2016 Former LPL Broker Timothy Richard Yee Fined & Suspended for Unapproved Outside Transactions
January 15, 2016 Irvine's Finance 500 Fined $400k, Multiple Brokers Banned over Penny Stock Sales
January 13, 2016 FINRA Senior Hotline Warns: Fraud is Alive and Well and Takes Many Forms
January 09, 2016 Michael Nahass Fined & Suspended for Undisclosed Outside Business, False Representations
January 06, 2016 2016 FINRA Priorities Letter Includes Brokerage Firm Culture and Ethics, Suitability, Seniors, Complex Products
January 04, 2016 LPL Financial Ordered to Pay $750k for Improper REIT Sales to Elderly Client
December 31, 2015 CFP Board Suspends David Gabai After FINRA Bar for Alleged Deceptive and Fraudulent Scheme
December 29, 2015 Barclays Capital Ordered to Pay $13.75 Million for Mutual Fund Suitability Violations
December 23, 2015 Merrill Lynch Settles 23 Complaints Against Barred Broker Thomas J. Buck for $4.1 Million
December 22, 2015 Cantor Fitzgerald Sanctioned $7.3 Million for Billions of Unregistered Microcap Sales, Supervisory & AML Failures
December 20, 2015 Fidelity Brokerage Services Ordered to Pay $1 Million for Supervisory Failures Related to Lisa Lewis' Elder Theft
December 19, 2015 J.P. Morgan Ordered to Pay Over $300 Million for Conflict of Interest Disclosure Failures
December 15, 2015 William Watson Fined & Suspended for Misleading, Unfair and Unbalanced Marketing
December 04, 2015 SEC Bars of Ralph Calabro, Jason Konner, and Dimitrios Koutsoubos for Churning
November 24, 2015 Joseph Holzhause Barred for False and Misleading Letter, Undisclosed Business Activity
November 16, 2015 Scottrade Fined $2.6 Million for Failing to Keep E-mails and Records, Poor Supervision
November 10, 2015 MetLife: FINRA to Seek Significant Fine for Variable Annuities Violations
November 05, 2015 Anthony Kerrigone Fined $10k & Suspended for Selling Short Securities He Failed to Locate
October 29, 2015 FINRA Orders 5 Firms to Pay $18 Million in Restitution for Overcharged Mutual Funds
October 27, 2015 New FINRA Investor Alert Warns of All-or-Nothing or Binary Options Trading Fraud Risk
October 20, 2015 James Christianson Fined, Suspended for Unauthorized Use of Discretion
October 16, 2015 Voya, Transamerica, Investacorp, JP Turner, National Planning & Cetera Fined for Excess REIT Sales Charges
October 15, 2015 UBS Managed High Yield Plus Fund Board Approves Liquidation Plan
October 14, 2015 FINRA Files Complaint Against John Joseph Arnold, Alleging His False Statements Allowed Imposter to Steal $127,200
October 09, 2015 Emily S Pao Barred for Failure to Cooperate with Conversion Investigation
October 07, 2015 FINRA Expels Halcyon Cabot Partners and Bars CEO Michael Morris, CCO Ronald Heineman for Fraud, Fee Kickback Scheme
October 01, 2015 FINRA Fines, Suspends Todd Shanholtzer for Mishandling, Misusing $58k of Customer Funds in Variable Annuity Product
September 25, 2015 Heidi Diana Carter Barred After Investigation into Alleged Theft from Customer
September 24, 2015 FINRA Bars Willard Lee Golightly for Supervisory Failures over Excess Concentration in Illiquid Securities, REITs
September 22, 2015 FINRA Bars or Suspends 10 Cockroach Brokers at Global Arena Capital Corp. for Misleading Pitches, Churning, and Other Misconduct
September 20, 2015 Dean Michael Yurica Fined, Suspended for Falsifying Customer Documents, Re-Using Signatures
September 16, 2015 FINRA Fines, Suspends Tyler Boone Powell for Improper Use of Discretion
September 14, 2015 Marisa Nicole Pickar Suspended for Falsifying Documents, Reusing Customer Signatures
September 10, 2015 Darlene Kay Bandy Barred for Failure to Cooperate with Investigation into Conversion of Funds
September 09, 2015 La Mesa's Robert Earl Holaday Accused of Forging Customer Signatures
September 08, 2015 Investor Alert Warns of Pump-And-Dump Scams Delivered Through WhatsApp, Other Messaging Apps
September 03, 2015 Former B.B. Graham Broker Russell P. Macke Suspended After 16th FINRA Disclosure
August 31, 2015 CFP Board Suspends Broker Michael T. Ryan of Santa Ana for Unauthorized Outside Business Activities
August 28, 2015 FINRA Bars Former Securities America Broker Derek Lee Miller Over Unsuitable Trading Investigation
August 26, 2015 Charles Schwab Fined $2 Million for Significant Net Capital and Supervisory Deficiencies
August 24, 2015 Rush to Sell Overwhelms Brokerages, Shuts Online Clients Out from Transactions as Stocks Fall
August 19, 2015 Glenn Moffitt Barred Over Allegations He Converted Over $370,000 from Elderly Customer, Churned His Accounts
August 18, 2015 Walter Chao Fined and Suspended for Selling Facebook IPO Shares Away from LPL Financial, Supervisory Failures
August 12, 2015 'Real Housewives of Beverly Hills' StockCross Financial Services Firm Fined for Naked Short Selling
August 11, 2015 Gehrin Michael Ortiz Barred After Investigation into Material Disclosure Violations and Omissions
August 07, 2015 Caldwell International Securities Corp's Rasheed "Richard" Adams Barred for Churning, Excessive Trading
August 06, 2015 Wells Fargo Advisors Censured, Fined $500,000, $242k in Restitution Ordered for Unsuitable STRATS Sales
August 05, 2015 Michael J Talin Barred for Failure to Cooperate with Misappropriation, Elder Theft Investigations
August 04, 2015 FINRA Fines Aegis Capital $950,000 for Unregistered Penny Stock Sales and AML Violations
July 31, 2015 Ex-Billion-Dollar Merrill Lynch, RBC Broker Thomas J. Buck Barred for Overcharging and Misleading Clients, Fraud
July 27, 2015 Volatile Complex Exchange Traded Products (ETFs, ETNs, etc.) May Be Unsuitable for Conservative Investors
July 22, 2015 Merill Lynch Fires Senior VP Marc D Lowe of the $2.5 Billion Vilardo, Lowe & Associates Team for "Inappropriate Workplace Behavior"
July 20, 2015 FINRA Bars John Anthony Waszolek for Improperly Appointing Himself Successor Trustee for Diminished Capacity Elder, Attempting to Inherit $1.8 Million
July 17, 2015 Misleading Advertising Disguised as Free Lunch or Gift Invitation Still Luring Prospective Investors
July 15, 2015 FINRA Fines Ascendiant Capital Markets of Irvine, CA for Failure to Supervise, Inadequate Handling of Customer Complaint
July 14, 2015 Former JP Morgan Chase Banker Daniel Colon Barred for Taking Money from Customer
July 13, 2015 Transacting Bonds: Liquidity, Risk of Loss Target of New FINRA Investor Alert
July 13, 2015 Jeffrey David Daggett Fined & Suspended for Unsuitable ETN, Non-Traditional ETF Recommendations
July 09, 2015 Securities America, Advisor Barry Armstrong Charged Over Grossly Deceptive Alzheimer's Ad Targeted at Seniors
July 08, 2015 F-Squared Files for Bankruptcy in Wake of $35 Million Settlement Over False Performance Claims
July 07, 2015 FINRA Board Candidate Brian Kovack Says He'll Represent Firms, Not Investors
July 03, 2015 SEC Charges Malcolm Segal with $15m Ponzi Scheme Selling Fake CDs, Unrealistic Interest Rate
July 01, 2015 Misappropriation Nets Broker Roderick Yzaguirre 10 Disclosures in 2 Months, Over $3.3 Million in Damages
June 29, 2015 Bruce R Geiger Fined & Suspended for Falsifying Annuity and Life Insurance Forms Causing $500k in Withdrawals
June 24, 2015 SEC to Fight Financial Elder Abuse and Fraud by Upping Broker and Advisor Oversight in Retirement Accounts
June 23, 2015 Morgan Stanley & Scottrade Fined $950,000 for Failing to Detect Third-Party Wire Transfers due to Inadequate Supervisory Systems
June 18, 2015 Wells Fargo Accused of Deficient Due Diligence on ETF-Based F-Squared Investment Losses
June 17, 2015 Heedo "Joshua" Han Barred for Failure to Cooperate with Investigation into Forgery Case
June 13, 2015 SEC Charges Chad Wiegand, Akis Eracleous with Insider Training, Duo Agrees to Securities Ban
June 11, 2015 Michael J. Strasser, a Broker with 22 Disclosures, Fined & Suspended for Failure to Disclose Judgment
June 09, 2015 Michael A. DeMaria Fined & Suspended for Unauthorized Transfer of Customer Funds
June 05, 2015 William G Stapleton Barred After Investigation into Annuity Misrepresentations
May 25, 2015 JP Morgan Chase, Citigroup, Barclays, RBS, UBS Admit to Criminal Conduct, Fined $6 Billion; JPMorgan Issues Disclosure Notice
May 21, 2015 Bradley Claus Barred for Misrepresentation, Unauthorized Oil & Gas and Restaurant Investment Solicitations and Transactions
May 19, 2015 FINRA Complaint Charges Scottsdale Capital Advisors, John Hurry, Timothy DiBlasi & D Michael Cruz with Illegal Microcap Sales of $1.7 Million
May 15, 2015 Morgan Stanley Fined $2 Million for Short Sale & Interest Reporting Violations
May 12, 2015 SEC Charges Radio Hosts Christopher A. Novinger, Brady J. Speers and Their Companies with Fraudulent Life Settlement Interest Sales, Making False Claims to Investors
May 08, 2015 Raymond Daniel Schmidt Barred After Borrowing $2.25 Million from LPL Financial Clients
May 06, 2015 SEC Investigating JPMorgan Over Potentially Improper Proprietary Fund Sales, Fiduciary Standard Violations
May 06, 2015 FINRA Sanctions LPL Financial $11.7 Million for Major Supervisory Failures in ETF, REIT and VA Products
May 05, 2015 James Yiu Lee Sentenced to 6.5 Years in Prison, Ordered to Repay $10.5 Million in Fraudulent Scheme
May 01, 2015 Larry M. Phillips Fined, Suspended, Restitution Ordered for Overcharging Customers
April 29, 2015 FINRA Orders Avenir Financial Group to Stop Selling to Elderly Customers, Bars Cesar Rodriguez for Fraud
April 28, 2015 CFP Board Censures 23 Advisors, Issues Revocations, Suspensions for Unethical Practices
April 23, 2015 FINRA Fines RBC $1 Million, Orders $434,000 in Restitution for Reverse Convertible Failures
April 21, 2015 Former JPMorgan Broker Michael Oppenheim Charged for Stealing $20 Million from Clients
April 16, 2015 Commonwealth Capital Corp. CEO Kimberly Springsteen-Abbott Barred, Disgorgement Ordered for Misusing Investor Funds
April 14, 2015 Under FINRA Investigation for Duping Elderly Investors, Broker Richard Ohrn Fakes Disappearance at Sea
April 10, 2015 New Hampshire Regulator Seeks $3.6 Million from LPL for Unsuitable REIT Sales to Elderly Clients
March 31, 2015 H. Beck, LaSalle St. Securities, and J.P. Turner & Company Fined $700,000 for Inadequate Supervision
March 27, 2015 Oppenheimer & Co. to Pay $3.75 Million in Fines & Restitution for Failing to Supervise Thieving Broker Mark Hotton
March 26, 2015 Loreta Salinas Nelson Fined & Suspended for Serving as Co-Trustee for 100-year-old Client Without Firm Permission
March 24, 2015 Artak Daldumyan Fined & Suspended for Unapproved Outside Business Activities
March 19, 2015 Nicholas C. Kramer Barred for Misappropriating Funds by Using Fake Identity
March 13, 2015 With 14 Pending Customer Disputes Alleging Misrepresentation and False Statements in Variable Annuity Transactions, FINRA Files Complaint Against Anthony Diaz
March 11, 2015 FINRA Censures and Fines UBS $500,000 for Failing to Disclose Broker Issues to Regulators
March 07, 2015 FINRA Bars Broker Michael Korson for Misusing Investor Funds from an Undeclared Outside Business Activity
March 05, 2015 Dalas Lee Gundersen Fined, Suspended & Ordered to Disgorge Excess Commissions Earned Through Unsuitable Sales, and Over-Concentration of Mutual Funds
March 04, 2015 FINRA Fines & Suspends Former Murphy & Durieu CCO Frede for Compliance Failures, Penny Stock Woes
February 28, 2015 Former LPL Broker James Rosebrough Fined & Suspended for Undisclosed Outside Business Activity
February 25, 2015 Gregory James Bolduc Fined & Suspended for Faking Customer Signatures on Disclosure Forms
February 20, 2015 OHO Bars Sharon H Goodale After Allegations of Improperly Signing Pre-Filled Applications
February 19, 2015 Michael Richard Crow Fined and Suspended for Unauthorized Use of Discretion
February 17, 2015 Foothill Securities, CCO Stephen Shipp Fined $235k for Inadequate Policies, Systems and Procedures
February 15, 2015 BMA Securities Compliance Officer Dudley Muth Fined & Suspended for Inadequate AML Systems
February 12, 2015 Former Compliance Officer Suing Cabot Lodge for Firing After He Reported Firm Misconduct
February 09, 2015 Ronald Paul Rafaloff Barred for Converting Elderly Retiree's Funds for Personal Use
February 06, 2015 FINRA Punishes JP Morgan's Gary R. Dennis for Outside Business Activity, and Shannon S. Hampton for Check Kiting
February 05, 2015 Paul DeFilippis Fined & Suspended for Helping Move Elderly Client's Funds to New Account in DeFilippis' Name
February 04, 2015 William R. Kinyon Barred for Misuse of Elderly Client's Variable Annuity Funds
February 02, 2015 Shawn Michael Richardson Censured and Fined for Exercising Discretion Without Permission
January 29, 2015 Oppenheimer to Pay $20 Million, Admit Guilt for Penny Stock Violations, Pump-and-Dump Schemes
January 27, 2015 FINRA Fines, Suspends BMA Securities President Burt Martin Arnold for Compliance Failures
January 22, 2015 Ex-UBS Broker Donna Jessee Tucker Barred, Convicted of Fraud for Stealing from Elderly in Ponzi-like Scheme
January 19, 2015 Kevin Luby Fined $25k, Suspended for Disclosure Failures Related to Elderly Customer's Trust and Estate
January 18, 2015 UBS Fined Record $12 Million Plus $2.5m in Disgorgement, Interest for Dark Pool Disclosure Violations
January 16, 2015 Merrill Lynch Fined $175k for Failing to Timely Report Complaints of Defrauding Adviser Who Escaped to LPL
January 14, 2015 FINRA Bars George Carris, Expels Firm John Carris Investments for Fraud and Recklessness
January 13, 2015 David Rose Sentenced, Restitution Ordered for $2 Million Medical Investment Fraud
January 11, 2015 'Wall Street 2's Anastasios Belesis Barred, Restitution Ordered for Penny Stock Violations, Trading Ahead, Hiding Evidence
January 10, 2015 Securities-Based Lending, Alt Funds Catch FINRA's Eye in 2015
January 09, 2015 Chase Bishop Casson Barred for Failure to Cooperate with Investigation into Private Securities Transactions
January 08, 2015 FINRA Files Complaint Against Bradley Claus, Alleging Improper Oil and Gas Sales, Falsely Tying a Security to Justin Timberlake
January 07, 2015 Fiduciary Duty - Putting Customers First - Tops FINRA's Regulation Priorities for 2015
January 07, 2015 Pershing LLC Fined $3 Million for Supervisory, Customer Protection Violations
January 06, 2015 JP Morgan Downgrades Falling Caterpillar Stock Over Oil and Gas Exposure
January 05, 2015 High Yield Bonds, Stocks, and ETFs in Grave Jeopardy as Oil Bubble Poised to Burst
January 02, 2015 Sagepoint's Daryl R. Lemon Barred for Margin Abuse, Excess Fees After 1,000+ Transactions in Elderly Client's Discount Brokerage Account
January 01, 2015 Risks and Rewards Abound for Closed-End Funds
December 29, 2014 To Patch Loophole, FINRA to Provide Insurance Regulators with Monthly Disciplinary Reports
December 27, 2014 LPL, Commonwealth's Angela Marie Borchardt, and Kenneth William Schulz Barred for Customer Impersonation Scheme
December 24, 2014 FINRA Charges Wedbush, Peter Julijs Auzers, Shiva Naby, and Samantha Arrieta McAfee in MSRB Supervisory Failure, Untimely Reporting of $13.5 Million-worth of Transactions
December 23, 2014 Wells Fargo Advisors' former advisor, Jeffrey C. McClure, Barred for Taking $88,850 from Elderly Client
December 22, 2014 Wells Fargo Advisors Fined $1.5 Million for Anti-Money Laundering Failures
December 19, 2014 Merrill Lynch Fined $1.9 Million, Ordered to Pay $540,000 in Restitution for GM Fair Pricing and Supervisory Violations
December 17, 2014 Wedbush Ordered to Pay $350,000+ After Losing FINRA Appeal
December 16, 2014 Medical Research Analyst Michael Dinerman Fined and Suspended for Unauthorized Outside Business Activity
December 13, 2014 FINRA Fines 10 Firms from Barclays to Wells Fargo $43.5 Million for Giving Favorable Research Coverage of Toys"R"Us IPO in Exchange for Banking Business
December 09, 2014 Joseph Pappalardo Barred for Fraud, Soliciting Investments in Fake Company
December 06, 2014 David Lawrence Gabai Barred for Deceptive, Fraudulent and Manipulative Schemes
December 04, 2014 JP Morgan to Pay $485,000 in Damages for Overly Concentrated Investments
December 03, 2014 Tammara Lynne Collins Fined & Suspended for Improperly Altering Annuity Purchase Documents
December 02, 2014 Tony Albert Nessan Fined & Suspended for Improperly Marking Recommended Sales as Unsolicited
November 26, 2014 Swiss HSBC Private Bank Admits Wrongdoing, to Pay $12.5 Million for Providing Unregistered Brokerage in USA
November 26, 2014 Patrick Richard Harrison Barred for Private Securities Transactions That Lost Elderly Clients $340,000
November 24, 2014 FINRA Fines Citigroup $15 Million for Supervisory Failures in IPO Research and Non-Public Communications
November 21, 2014 SEC Fines Wedbush $2.4 Million for Market Access Violations as FINRA Complaint Awaits
November 18, 2014 RCS Capital Confirms SEC, FINRA and MA State Regulator Investigations over $23m Error
November 16, 2014 NASAA Names Top 9 Investor Threats for 2015
November 15, 2014 OC's Robert Klein, Other Brokers with History of Disciplinary 'Red Flags' Flocking to Hotspots for Misconduct, Elderly Investors
November 13, 2014 Fidelity, Pershing, Schwab Latest Firms to Suspend Schorsch REIT Sales over $23m Error
November 12, 2014 Sally Samaris Barred for Failure to Cooperate in Mortgage Fraud Investigation
November 10, 2014 Massachusetts Regulator Investigating Schorsch's Realty Capital Securities, REIT Sales
November 07, 2014 Kent George Lehman Barred for Improperly Borrowing From Customers, Failure to Cooperate
November 06, 2014 Cetera Financial Group Broker-Dealer Network Suspends Some Nicholas Schorsch REITs
November 06, 2014 Investors Withdraw $27.5 Billion From of Pimco in Worst-Ever Month for Redemptions
November 04, 2014 SEC and FINRA Issue Joint Penny Stock Scam Investment Alert
October 30, 2014 National Planning Holdings Halts American Realty Capital Nontraded REIT Sales over $23m Accounting Problem
October 29, 2014 Merrill Lynch Fined $6 Million for Short Sale Violations and Supervisory Failures
October 23, 2014 At LPL Financial, Higher Q3 Charges For Regulatory Costs
October 21, 2014 Jonathan Kohanof Barred for False Testimony in Insider Trading Investigation
October 16, 2014 SEC Charges Former Wells Fargo Compliance Officer Judy K. Wolf with Altering Documents
October 15, 2014 Thomas David Sharp Fined and Suspended for Improper REIT E-mail Solicitations
October 14, 2014 Travis Capson, Arnab Sarkar Fined and Suspended for Failing to Disclose Outside Business Activity, Denari Capital LLC
October 10, 2014 Luciano Andres Battioli Barred for Conversion, Forgery and Falsification
October 07, 2014 Jo Ellen Fisher Barred, Sued for Allegedly Stealing $1 Million from 95-Year-Old Client
October 02, 2014 SWS Charged with Inadequate Supervision of VA Transactions
September 30, 2014 WFG Investments Inc. Expecting Second Six-Figure Fine in Two Years After $200k Fraud Penalty
September 26, 2014 2014's 12 Worst Financial Advisors List Features Ponzi Schemes, Scams and Frauds
September 23, 2014 SEC Fines Wells Fargo Advisors $5 Million for Inadequate Controls to Prevent Broker's Insider Trading
September 22, 2014 SEC Charges Eight, Including de Maison, in Pump-and-Dump Penny Stock Fraud Scheme
September 19, 2014 FBI Arrests De Maison and Wilshinsky in Multi-Million Dollar Penny Stock Fraud
September 18, 2014 Bradley Thomas Badger Fined and Suspended for Undisclosed Outside Trading and Real Estate Business
September 16, 2014 FINRA Releases Frontier Funds Investment Alert
September 12, 2014 Wells Fargo Advisors Warned of Possible Action for Anti-Money Laundering Failures
September 04, 2014 Former LPL Broker Blake Richards Ordered to Pay $2 Million for Defrauding Clients
August 30, 2014 Matthew John Davis Barred For Failure to Cooperate with FINRA Investigation into Misconduct, Forgery Claims
August 29, 2014 Disease Investment Scam Tips: How to Identify and Avoid Fraudulent Scheme Infection
August 28, 2014 Citigroup Fined $1.85 Million, Ordered to Pay $638,000 Restitution for Non-Convertible Preferred Securities Violations
August 22, 2014 Airbags - Unsafe at any Speed
August 18, 2014 FINRA Charges Wedbush Securities with Insufficient Controls, Leading to Manipulative Trades
August 14, 2014 Ex-Wells Fargo Broker, Michael James Frew, Barred for Failure to Cooperate with Investigation into Alleged Conversion of Funds and Ponzi Scheme
August 09, 2014 Tony Huang, formerly of NY Life Securities, LLC, Barred for Falsifying Life Insurance Applications
August 08, 2014 Former LPL Financial's Mehrdad Farhat Fined, Suspended for Undisclosed Outside Business Activity
August 06, 2014 FINRA Reports Increase in Online Phishing Identify Theft Scams: Identifying the Risks
July 31, 2014 Five Newport Coast Brokers Charged with Churning Resulting in $1 Million Losses
July 28, 2014 Jason O'Neal Lampier Barred for Fraudulent Misrepresentations Related to Oil and Gas Limited Partnerships
July 25, 2014 David Paul Diehl Suspended, Fined for Failure to Pay Promissory Note Interest, No Notification to Firm
July 18, 2014 William C. Yi Barred for Altering Customer's Check, Converting Funds for Personal Use
July 15, 2014 SEC: Financial Exploitation of Older Adults is an Urgent Issue
July 10, 2014 James William Murphy, Guilty of Fraud, Barred for Misuse, Conversion of Funds for Personal Use
July 06, 2014 Kent Michael Houston Fined $75k & Suspended for Concealing Compensated Trustee Activity
July 03, 2014 FINRA Bars Steven Yi for Failure to Provide Information
July 02, 2014 FINRA Enforcement Charges Mark Foster with Failure to Cooperate with Investigation
June 25, 2014 FINRA Bars Dale Herman Stevens for Serving on Hedge Fund Board without Disclosing Financial Interest to Firm
June 23, 2014 Former LPL Financial Broker Joshua Allen Farahi for Unauthorized Outside Business Activity
June 19, 2014 Gary Allen Cabello Barred for Conspiring to Commit Bribery
June 17, 2014 Securities and Exchange Commission Upholds FINRA'S Censure and $50,000 Fine of Member Firm CapWest Securities Over Tenant-in-Common Investments
June 12, 2014 At IAA Financial, 84% of Brokers Came from Expelled Firms, 54% with Previous Disclosure Records
June 11, 2014 Broker Patricia Miller Facing Fraud Charges After Clients' Life Savings Go Missing
June 06, 2014 Concentration Risk: The Implications of Putting All Your Eggs in One Basket
June 04, 2014 FINRA Issues Investment Alert Targeting High-Yield CD Scams
May 29, 2014 FINRA Cracking Down on Abusive, Unsuitable Automatic Trading Practices
May 27, 2014 Disgraced HSBC Rep Ann Maria Ferrao Barred After Alleged Misappropriation of Funds
May 24, 2014 JP Morgan's Kirk Eric Archibald and Michael Linfeng Zheng Barred for Unauthorized Conversion of Customer Funds
May 19, 2014 SEC Bars Convicted Fraudster Gurudeo Persaud for Investment Strategy Based on Astrology
May 14, 2014 Broker Matthew Trulli Suspended for Illicit Borrowing of Nearly $200k in Customer Funds
May 12, 2014 William Jeffrey Austin Fined & Suspended for Exercising Discretion Without Authorization or Consent
May 07, 2014 Morgan Stanley Fined $5 Million for Supervisory Failures Related to Initial Public Offering Sales
May 06, 2014 FINRA Targeting Fixed Annuity Sales' Risks, Firm Policies and Procedures
May 05, 2014 Popularity of Liquifying Home Equity, Cash-Out Refinancing Increases as Valuation Increases
May 01, 2014 NSM Securities, Bhasin, Bhagwani & Balchandani Disciplined for Supervisory, Suitability and Compliance Failures, Churning and Unauthorized Trading Activity
April 27, 2014 Douglas Frank Cmelik Fined & Suspended for Inaccurately Marked "Unsolicited" Penny Stock Sales
April 25, 2014 Background Checks for Brokers Newest Requirement for FINRA-Member Firms
April 23, 2014 Infinex Fined for Unsuitable Recommendations of Non-Traditional Inverse, Leveraged ETFs
April 17, 2014 Study: Brokers Who Fail Basic Securities Exams Have More BrokerCheck Black Marks, Disclosures
April 16, 2014 SEC Charges San Diego's Total Wealth Management with Fraud in Kickbacks Scheme
April 11, 2014 Magnolia Gaerlan Fined & Suspended for Effecting Unauthorized Wire Transfers
April 07, 2014 Steven Robert Tomlinson Fined & Suspended for Downloading Confidential Customer Information
April 06, 2014 Michelle Lee Kern Barred for Unlawful Conversion of $669,000 in Client Funds
April 02, 2014 Former MetLife Brokers Christopher Birli & Patrick Chapin Named in Civil Complaint Regarding $21 Million Annuities Scheme
April 01, 2014 NY Firm Meyers Associates: A Standout Broker-Dealer Full of Black-Mark Reps with Disclosures
March 26, 2014 Arbitrator James H. Frank Removed From FINRA'S Roster of Arbitrators After Lying About Credentials
March 25, 2014 LPL Financial Fined $950,000 for Concentration Violations in Alternative Investments, Non-Traded REITs Sales
March 22, 2014 Irvine Firm Accelerated Capital Group Fined for Misleading and Exaggerated Website Information
March 20, 2014 Merrill Lynch Associate Andres Enrique Rojas Barred for Impersonating Client
March 18, 2014 Citigroup Global Markets Ordered to Pay $1.1 Million for Illegal Short Selling Prior to Public Offerings, Supervisory Failures
March 15, 2014 Integral Financial, Weiming "Frank" Ho Fined for Repeated Non-Compliant Communications in Complex Product Promotions
March 14, 2014 SEC Charges Brokers Michael Horowitz, Moshe Marc Cohen with $80 Million Variable Annuity Fraud
March 11, 2014 Girard Securities Fined for Supervisory Failures Concerning Fraud Prevention Tactics
March 09, 2014 Running with Scissors: SEC Closely Monitoring Advisors' Use of Hot-Button Alternative Mutual Funds
March 06, 2014 The Vertical Group Fined & Ordered to Revise WSPs in Wake of Trade, Records & Supervisory Violations
March 05, 2014 Former Merrill Lynch Broker Jane O'Brien Accused of 18-Year, $1.3 Million Ponzi Scheme
March 04, 2014 FINRA Fines Los Angeles Firm E.J. De La Rosa & Co., Orders Restitution for Compliance Failures Including Unfair Practices, WSP Inadequacies & Improper Reimbursements
February 28, 2014 Sutherland Review: FINRA Fines Decrease 27%, Actions Reported Remains Flat
February 25, 2014 Berthel Fisher & Co. Financial Services, Affiliate Fined $775,000 for Compliance Failures, Inappropriate Alternative Investment Sales
February 20, 2014 Former Wedbush Securities Rep Karen Ann Mendez Barred for Misappropriation of Funds, Falsified Records
February 18, 2014 Former Merrill Lynch Adviser Gary H. Lane Given 10 Year Prison Sentence for Defrauding Elderly Investors via Ponzi Scheme
February 17, 2014 Patrick Joseph Donohue Barred for Prohibited Business Activities with Elderly Clients, False Statements & Unauthorized Wire Transfers
February 14, 2014 Jose Jesus Martinez Jr. Barred for Wrongful Conversion of Elderly Customer Funds
February 12, 2014 CFP Advisors Steven Wilkinson, Noah Myers, Dan Glick & Robert Wheeling Stripped of CFP Certification for Misconduct
February 04, 2014 Proposed Rules Change Requires Firms to Issue Clearer Nontraded REIT Statements
February 01, 2014 Banorte-Ixe Securities Fined $475K for Anti-Money Laundering Program Failures
January 30, 2014 SEC Issues Risk Alert Criticizing Advisors' Handling of Alternative Investments
January 28, 2014 JP Morgan's Stephanie Ann Becker Barred for Improper Conversion of Customer Funds
January 26, 2014 SEC National Exam Program's Investment Adviser & Company Priorities for 2014
January 23, 2014 SEC National Exam Program Issues Broker-Dealers Priorities List for 2014
January 20, 2014 Lisa Ann Timmerman Fined & Suspended for Writing Checks in Accounts with Insufficient Funds
January 17, 2014 Massachusetts Charges Christopher Veale for Abusive Sales Practices & Churning in Elderly Client's Account
January 16, 2014 Edward D. Jones Fined $200K + $52,000 in Restitution for Improper ETF Sales
January 15, 2014 Four Risky & Sometimes Dangerous Investments to Avoid in 2014
January 09, 2014 FINRA Orders Stifel, Nicolaus & Company, Century Securities to Pay Over $1 Million in Fines, Restitution Over Unsuitable Non-Traditional ETF Sales, Supervisory Deficiencies
January 07, 2014 FINRA Tells Firms to Put Clients First with Conflicts of Interest Report
January 07, 2014 FINRA to Firms: Investment by Seniors Subject to Special Compliance Considerations
January 07, 2014 SEC Seeks Admission, Apologies from Big Banks that Broke Securities Laws During Crashes
January 06, 2014 FINRA Targets Frontier Funds: A Developing Market Mutual Funds Primer
January 03, 2014 FINRA to Target Complex Investments Including REITs, ETFs and Mortgage Backed Securities in 2014 Exams
January 02, 2014 FINRA Warns Firms Against Blind 401(k) to IRA Fund Transfer Recommendations
December 31, 2013 Scott Donovan Schroeder Barred for Unsuitable Investment Recommendations to Elderly Customers, Material Misrepresentations and Omissions of Fact
December 30, 2013 Bambi Holzer Barred for Unsuitable Provident Royalties Sales, Failure to Disclose and Submission of False Information
December 24, 2013 Gary J. Chackman Barred for Unsuitable Non-traded REIT Transactions
December 21, 2013 Deutsche Bank Securities Fined $6.5 Million for Serious Deficiencies in Lending Program
December 18, 2013 Holiday Cheer Signals Year-End Red Flags To Watch
December 18, 2013 Solicited Leveraged ETF Tickets Marked as Unsolicited is Risky Business
December 16, 2013 Adviser Rafael R. Sanchez Barred & Ordered to Pay $4.6 Million in Damages Over Real-Estate Fund Damages
December 11, 2013 Oppenheimer Fined $675,000 + $246,000 in Restitution for Unfair Municipal Securities Prices; Head Trader David Sirianni Suspended & Fined $100,000
December 09, 2013 JP Turner Ordered to Pay Over $700,000 in Restitution for Unsuitable Complex ETF Sales, Excessive Switching
December 03, 2013 Two Ex-JP Morgan Brokers Barred for $300,000 Theft from Elderly Woman with Diminished Mental Capacity
December 02, 2013 Morgan Keegan, Stephens Inc. Fined, Restitution Ordered for Inappropriate Volatile Nontraditional ETF Sales
November 27, 2013 Paul David Arnold Barred for Misappropriating $242,000 from Elderly Customer's Brokerage Account
November 25, 2013 Gary C. Snisky Charged in $3.8-Million Fraud Scheme Targeting Elderly Investors
November 21, 2013 Ferry, Clinton and Martin Sentenced for Conspiracy, Mail and Wire Fraud in FBI Sting
November 20, 2013 Proposed Fiduciary Rule Changes Signal Heightened Due Diligence Requirements for Brokers, Advisors
November 20, 2013 Brian Matt Borakowski, George Alexander Kardaras Barred for Promissory Notes Ponzi Scheme Fraud
November 19, 2013 Veterans Beware: Rogue Financial Advisor "Pension Poachers" Targeting Military Benefits
November 17, 2013 Dangerous Words: SEC Cautions Firms to Stop Using "Protected," "Guaranteed" in Fund Names
November 14, 2013 FINRA: Volatile Interest Rates Are Next Major Threat to Investment Portfolios
November 13, 2013 FINRA Enhances BrokerCheck System, Makes Advisers' IAPD Reports Available
November 10, 2013 TD Ameritrade Clearing & SG Americas Securities Fined $1.8 Million for Reporting, Supervisory Violations
November 06, 2013 Meghan E. Kassel Fined and Suspended for Submitting Falsified Variable Annuity Document
November 03, 2013 Mass. Fines Merrill Lynch $500K for Failing to Stop Broker Misconduct
October 31, 2013 Closed-End Fund Distributions FINRA Investor Alert Issued: Points to Consider
October 29, 2013 About Time: FINRA Files Complaint Alleging Unsuitable Recommendations, Falsification of Records After Beverly Hills Broker Bambi Holzer Suspended From Industry
October 24, 2013 Warning about Wirehouses: Excess Fees, Depressed Profits Harmful to Clients
October 23, 2013 Study: FINRA Grants Expungement to Most Brokers in Arbitration; FINRA Responds
October 18, 2013 James Arnold Busch Accused of Stealing $1.3 Million from Elderly Customers
October 17, 2013 NASAA Calls Out New Scams, Rotates Five of Top 10 Investor Threats
October 15, 2013 SEC: Small Violations Can Lead to Strong Enforcement, Sanctions, and Fines
October 11, 2013 558% Increase in Reverse Convertible Sales at Bank of America Signifies Acceptance of Increased Volatility and Risk
October 09, 2013 Managed Futures Fund Fees: A Hidden Money Drain for a Sneaky Security
October 05, 2013 FINRA May Require Brokerage Firms to Carry Arbitration Insurance; Ensure Payment of More Awards
October 05, 2013 Over 5,000 Brokers from Barred Firms, Many Accused of Fraud, Still Selling Securities
October 05, 2013 FINRA Charges John Carris Investments and CEO George Carris with Fraud and Stock Manipulation
October 02, 2013 Fraud in Modern America, a Nation at Risk-The Telltale Signs
October 01, 2013 High Yield: FINRA Cautions Investors Against Excessive Risk Taking
September 25, 2013 Jerry Dean McGlothlin Barred for Unauthorized Outside Business Private Securities Activities
September 24, 2013 DeCarla Shevon Mathis Fined and Suspended for Fraudulent $100,000 Wire Transfers
September 20, 2013 Wade Harlow Bradley Fined & Suspended for Willful Disregard of Minimum Offering Condition, False Representations and Failure to Comply
September 18, 2013 Private Placement Offerings Require Research and Contemplation of Risk
September 13, 2013 Financial Fraud: An Appealing Scheme Whose Weakness is the Proactive Investor
September 11, 2013 Wendy Janeen Worcester Fined and Suspended for Multiple Due Diligence Failures
September 05, 2013 Jennifer Marie Burton Fined and Suspended for Falsely Claiming Customer Correspondence, Leading to Improper Wire Transfers
August 30, 2013 SEC Upholds FINRA Decision Banning Former Firm Founder Carl Birkelbach for Failure to Supervise
August 23, 2013 Morgan Stanley Fined $1 Million, Ordered to Pay $188,000 in Restitution for Bond Pricing Failure
August 21, 2013 FINRA Issues Investor Alert over Marijuana Stock Scams
August 20, 2013 Jon Eric Guay Barred for False Representations, Improper Use and Conversion of $225,000 in Customer Funds
August 16, 2013 Christian Joel Brand Suspended for Soliciting $510,000 Investment from Elderly, Unsuitable Customer for Failed Project
August 15, 2013 Former Broker John Brady Guyette Convicted on 15 Securities Fraud Felony Counts
August 12, 2013 A Survey of Reverse Convertible Risks as Bank of America Takes Structured Note Sales Title
August 10, 2013 FINRA Accuses TNP's Tony Thompson of Defrauding Investors, Failing to Pay Out Promissory Notes
August 08, 2013 Christopher Michael Bones, David Shelton Brown, Jr. Fined & Suspended in Separate Instances of Unauthorized Discretionary Trading
August 07, 2013 FINRA Alert: Beware Cold Calls from Brokerage Firm Imposters, New Phishing Schemes
August 07, 2013 Sunset Financial Fined $200,000, plus $84,253 in Partial Restitution Ordered for Supervisory Failures
August 06, 2013 Oppenheimer Fined $1.4 Million for Sale of Unregistered Penny Stocks and Anti-Money Laundering Violations
August 02, 2013 FINRA Arbitration Panel Orders Citigroup to Pay $10.75 Million for Overconcentration Negligence and Failure to Supervise
August 02, 2013 Yield-Enhanced Structured Products May Harm Investors As They Help Brokers
July 31, 2013 New Jersey Fines Morgan Stanley $100,000 for Improper ETF Sales to Investors
July 30, 2013 SEC Lifts Ban on Hedge Fund Ads, Increases Private Placement and Hedge Fund Risk
July 28, 2013 Suitability, Recommendation Compliance and the Risk Tolerance Questionnaire Shortfall
July 25, 2013 FINRA's TRACE Program to Increase Transparency of Mortgage-Backed Securities Market
July 25, 2013 Adorean Boleancu, Already Barred from FINRA, Indicted on Fraud Charges
July 22, 2013 John Thornes Barred for Stealing $4.2 Million from Elderly Alzheimer's, Scholarship Accounts
July 19, 2013 Newedge USA, LLC Fined $9.5 Million for Supervisory and Bookkeeping Faults
July 18, 2013 StateTrust Investments, Joseph Turnes Fined $1 Million, Ordered to Pay $353,000 in Restitution for Unfair Bond Prices
July 15, 2013 Frank John Tarazon Fined & Suspended for Improper Borrowing from Elderly Customer
July 15, 2013 Arbitrators Order Wells Fargo to Pay $2.8 Million in Damages, Interest for Failure to Detect Fraud in Investor's Account
July 11, 2013 Massachusetts Investigation into REITs: Firms Targeting Seniors for High-Risk Products
July 11, 2013 Atlas, Firstrade and WTF Fined $900,000 for Anti-Money Laundering Program Failures
July 09, 2013 Joseph John Antosh Jr. Barred for Failure to Cooperate with Investigation into IRA Beneficiary Switch
July 09, 2013 Richard Joseph Gobel Fined and Suspended for Discretionary Trading without Written Authorization
July 05, 2013 Theresa I. Reyes Barred for Engaging a Customer's Business Credit Card Account without Authorization
July 03, 2013 Kelly Ann Willey Barred After Directing Elderly Customer to Write Checks to Her Personally
July 01, 2013 Forrest Nolan Jackson Barred for Selling Away of Notes Related to SEC Lawsuit Defendant
June 29, 2013 STS, Fuad Ahmed Ponzi Scheme results in Million Dollar Losses for NFL, NBA Athletes Who Invested with Jade Wealth Management
June 28, 2013 Donald Wayne Hastings Barred for Improperly Placing Elderly Customer's Funds in Business Account
June 27, 2013 SEC Approves FINRA Request to Publish Detailed Disciplinary Complaints and Decisions
June 24, 2013 Arbitrator Indictment Spotlights Importance of Conducting Due Diligence in Arbitration
June 21, 2013 Steven Robert Aron Barred for Failure to Disclose Information Related to Outside Business Activities
June 20, 2013 Randy Jason Schneider Barred and Ordered to Pay Restitution for Misappropriation of Elderly Customer's Funds and Earnings
June 18, 2013 Advice on Air: Misleading Advertising, Broker Misconduct and the Radio
June 17, 2013 SEC & FINRA Joint Alert: Beware Pump-and-Dump Scams via E-mail Spam
June 13, 2013 FINRA Investor Alert: Alternative Mutual Funds Can Carry Added Risks
June 12, 2013 Francis Martin Florey Barred for Attempting to Transfer Elderly Customer's Funds without Authorization
June 10, 2013 Jeffrey Stephen Geraci Suspended, Ordered to Pay Retired Widow Restitution for Unsuitable Recommendations
June 07, 2013 Hugh Monroe Dyson, Jr. Censured, Barred and Ordered to Pay Restitution in Connection with False Representations, Phony IRS Forms and Reports
June 05, 2013 FINRA Orders Wells Fargo and Merrill Lynch to Pay $5.1 Million for Unsuitable Mutual Fund Sales
June 03, 2013 SAC Capital Stops Cooperating with Government Investigation as DOJ Ramps Up Probe, Investors Flee
May 31, 2013 Merle Gene Walter Barred for Failure to Disclose Unethical Misconduct, Civil Judgments, Tax Lien
May 31, 2013 Andrew Lewis Pittman Barred in Relation to Elder Financial Misconduct Allegation
May 29, 2013 John Thomas Thornes Accused of Stealing $4.2 Million from Elderly Client, Scholarship Accounts
May 28, 2013 David Lloyd Barber Fined and Suspended for Improper Loans, Concealment from Firm
May 27, 2013 Barbara Mary Bolk Fined and Suspended for Forging Customer Signatures, Effecting Unauthorized Transactions
May 26, 2013 Oran Ben Carroll Suspended and Fined for Inadequate Due Diligence, Failure to Supervise
May 24, 2013 Former LPL Financial Adviser Blake Richards Charged in $2 Million Fraudulent Scheme
May 22, 2013 FINRA: Firms Must Adhere to Industry Rules and Be Honest with Investors
May 20, 2013 Nancy Bolt Hill Fined & Suspended for Allegedly Failing to Disclose Outside Securities Accounts
May 18, 2013 Greg John Campbell Barred in $2+ Million Misappropriation Scheme
May 12, 2013 SEC/FINRA: Selling Rights to Pension Income Streams, Investing in Third Party Pension Can Be Risky
May 06, 2013 Roman J Sledziejowski Barred for Converting $4.8 Million in Fraudulent Scheme
May 05, 2013 Sean Francis Sheridan Barred for Recommending Only Funds that Yielded Higher Commissions
May 04, 2013 Thomas Lloyd Kunkel Fined and Suspended for Unsuitable REIT Recommendations to Elderly and Unsophisticated Investor
May 03, 2013 Bill Alvin Ahlswede Fined and Suspended for False Information, Failing to Disclose Complaint Alleging Churning and Fraud
April 30, 2013 Kenneth Raden Miller Fined $20,000 & Suspended for Negligent Misrepresentations
April 28, 2013 aryl Marc Holzberg Suspended for Failure to Adequately Supervise, Respond to Red Flags
April 25, 2013 Sean Placido Rodriguez Suspended, Fined and Ordered to Pay Partial Restitution for Unauthorized Trading
April 23, 2013 Charles Chul Nam Barred, Ordered to Pay Restitution for Fraudulent REIT Scheme
April 23, 2013 Robert Louis Iola Jr. Fined & Suspended for Inaccurate Portfolio Valuation Summary Distributions
April 23, 2013 Jon Patrick Horvath Barred Following Fraudulent Alteration of Check, Conversion of Funds
April 23, 2013 Martin Benjamin Feibish Barred For Scheming to Misappropriate Over $5 Million From Elderly Customer Through Fake Investment Vehicles and Forgery
April 19, 2013 Former Wound Management CEO Scott Haire Pleads Guilty to Securities Fraud
April 14, 2013 Once Granted, Permission to Trade with Discretion Can Be Problematic
April 13, 2013 FINRA Increasing Scrutiny of Complex Products Marketed to Seniors
April 12, 2013 FINRA Files Order to Shut Down Success Trade Securities, Claiming Firm Scammed Investors
April 08, 2013 Karl Edward Hahn Ordered to Pay $11 Million to Customer for Investment Fraud & Misrepresentation
April 04, 2013 Thomas Charles Conradt Pleads Guilty to Securities Fraud & Conspiracy in IBM Case
April 02, 2013 Dominic Cammarota Barred for Possession and Use of Unauthorized Notes During Series 6 Exam
March 31, 2013 UBS-Sponsored Willow Fund Drops 80 Percent After Manager Sam Kim Switches to Risky Derivatives Strategy
March 28, 2013 Jon Herbert Green Suspended For Failure to Repay Elderly Customer's Loan in Timely Manner
March 28, 2013 James Martin Higgs Fined & Suspended for Selling EIAs Outside Firm
March 28, 2013 Steven Joseph Corzan Barred for Unapproved Private Securities Transactions of Positions Linked to Ponzi Scheme
March 24, 2013 LPL Financial Firm Under Fire and On Radar with Several Securities Regulators
March 24, 2013 Michael Mendenhall Barred for Borrowing from Elderly Customers, Untruthful Reply to FINRA Inquiry
March 20, 2013 Gary Reed Feldman Fined &Suspended for Improperly Soliciting Investments
March 20, 2013 Richard Grant Cody Fined & Suspended For Unsuitable and Excess Trading
March 20, 2013 Alberto Neira Barred for Failure to Disclose Outside Business, Investment Sales
March 20, 2013 Jane Elizabeth O'Brien Barred for Unauthorized $3 Million Loans, Failure to Repay Clients, Alleged Securities Fraud
March 20, 2013 Su-Chin Liu Barred In Connection with Investigation into Improper Premium Payments
March 17, 2013 SAC Capital Lawsuit Settled; Firm to Pay Record $616 Million for Insider Trading
March 12, 2013 Adorean Boleancu (Wells Fargo) Ordered to Pay $650,000 in Restitution for Improper Conversion of Funds
March 12, 2013 Scott Bailey Nelson Suspended and Fined for Fixed Indexed Annuity Sale Outside of Firm
March 12, 2013 Christian A. Molina Barred for Unauthorized Withdrawal on Altered Bank Slip
March 09, 2013 James D. Grimes Barred for Conversion of Funds After Forging Customer Signatures
March 09, 2013 Christopher Michael Frank Fined & Suspended for Unauthorized Transactions
March 05, 2013 Apple Linked Reverse Convertibles (RevCons) Prove Risky as Maturity Nears
February 24, 2013 Mark E. Marek Barred When Unsuitable Investment Recommendation After Client Loses Nearly $600,000
February 23, 2013 Broker Gregory Evan Goldstein Fails to Respond to FINRA Requests, Earns Suspension
February 20, 2013 John L. Gathright Jr. Barred for Misappropriating Annuity Funds After Completing VA Surrender Request Forms
February 14, 2013 FINRA Investor Alert: Bond Portfolios Could be At Risk with Looming Interest Rate Hike
February 14, 2013 Jay Sheldon Potter Jr. Fined & Suspended for Confidentially Settling Complaint without Informing Firm
February 13, 2013 Jeffrey Alan Hutman Fined & Suspended in Relation to Variable Annuity Transactions Outside of Firm
February 12, 2013 Richard Lee Ell Sanctioned in Connection with Variable Annuity Transaction Charges & Complaint
February 10, 2013 Mark Everrett Friesen Fined & Suspended for Failing to Report Felony Charges
February 06, 2013 Massachusetts Regulators Order LPL Financial to Pay $2 Million in Restitution
February 05, 2013 Gabriel Arnaud Dupin De Saint Cyr Fined & Suspended After Forging Form Signatures
February 01, 2013 UBS to Change Customers' Objectives, Reclassify Clients as "Aggressive" Investors
February 01, 2013 Henry John Dellaquila Fined $55,000 and Suspended for Unauthorized Variable Annuity Transactions
January 29, 2013 Peter C. Bishop Fined & Suspended For Allegedly Effecting Unauthorized Trades After Customer's Death
January 29, 2013 Marshall Douglas Nelson Suspended for Unsuitable Recommendations to Elderly Customer, Restitution Ordered
January 28, 2013 Following Massachusetts Lawsuit LPL Changes ETF Compliance Policies
January 28, 2013 After Appeal, Nolan Wayne Moore Barred and Fined for Failure to Cooperate, Allegedly Engaging in Undisclosed Outside Business Activities
January 26, 2013 Revenge of the Reverse Convertible - Apple
January 26, 2013 Douglas Gregory Bezio Fined and Suspended for Unsuitable, Unauthorized and Excessive Trading
January 25, 2013 FINRA's Five Tips for Financial Well Being
January 22, 2013 James Charles Allen Barred for Failure to Cooperate with Investigation into Material Misrepresentations and Omissions Regarding Oil and Gas Offerings
January 18, 2013 Supreme Court to Consider Tightening SEC Suit Time Limit Rules for Fraud
January 16, 2013 Tam Thanh Tran (Tom Tran) Barred for Failure to Cooperate with Investigation into Providing False Information
January 16, 2013 Doran Lynn Follis Suspended for Inadequate Due Diligence, Improper Recommendations
January 15, 2013 Adam Spencer Deane Suspended & Fined $25,000 for Improper Out-of-State VA Transaction
January 07, 2013 California Appeals Court Demonstrates Strong Presumption for Arbitration in Reversal
January 07, 2013 Philip Horn Guilty of Fraud: History and Risk of Horn's "Friendly" Scheme
December 30, 2012 Take Charge Financial, Inc., Joan Anne Perry Expelled & Barred for Unauthorized Transfers, Failure to Report Complaints, Inappropriate Borrowing of Customer Funds
December 29, 2012 Michael D. Montgomery Sentenced to 5 Years in Prison Following Wire Fraud Conviction
December 28, 2012 Paul Ellsworth McIntosh Barred for Unauthorized Trading Resulting in $40,000 in Customer Losses
December 28, 2012 Matthew Donald Newman Fined & Suspended in Connection with Altered Form Submissions
December 20, 2012 Daniel Leland Chiddister Fined & Suspended for Impersonating Potential Customers
December 20, 2012 Financial West Investment Group Censured & Fined for Inadequate Diligence, Failure to Execute Bond Transactions at Reasonable Prices
December 19, 2012 Aletheia CEO Peter J. Eichler Jr. Accused of Defrauding Investors, Resulting in $4.4 Million in Losses
December 18, 2012 Frank Anthony Quartararo for Over Unauthorized Withdrawals from Customer Accounts Totaling Over $775,000
December 15, 2012 Massachusetts Securities Regulators Sue LPL Financial over Nontraded REIT Sales
December 06, 2012 Wedbush Securities Fined $375,000; Richard Anthony Lanni and Ronald Edward Vogel Fined and Suspended for Poor Supervisory Systems Related to Variable Annuities
December 06, 2012 Teresa Jo Dorenkamp Barred for Forging Signatures, Converting & Transferring Over $390,000 of Customer Funds
November 27, 2012 Investors Beware: "Free Lunch" Investment Seminars Are Not Always What They Seem
November 26, 2012 Christina Marie Curley Barred Following Allegations She Manipulated Compensation, Transacted in Closed Accounts
November 26, 2012 David Lerner Associates to Pay $12 Million in Restitution in Connection with Inadequate Due Diligence, Excessive Markups
November 15, 2012 SEC Charges Geoffrey H. Lunn, Darlene A. Bishop and Vincent G. Curry with Defrauding Investors by Creating Fake Company, Identity
November 12, 2012 Hojin Kyung Barred After Depositing Customer Checks into Personal Trust Account
November 12, 2012 Edgar Lee Giovannetti Fined & Suspended for Unauthorized Transaction, Failure to Disclose Lawsuit and Settlement
October 22, 2012 William Michael Jordan Fined and Suspended for Improper Recommendations and Lack of Due Diligence Related to Third Party's Slush Fund Operation
October 22, 2012 John Charles Guys Barred for Misappropriation of Funds, Creating Fake Premium Finance Agreements and Forging Customer Signatures
October 22, 2012 Stuart L Funke Suspended for Soliciting $500,000 in Loans without Firm Approval
October 20, 2012 Fidelity Brokerage Fined $375,000 for Misleading Advertising, Supervisory Failures Related to Mutual Fund Sales
October 15, 2012 Attila Gyula Toth Accused of Soliciting an Investment and Misusing Customer Funds
October 12, 2012 Ralph Thomas Gannett Suspended for Inadequate Due Diligence Related to Private Placement Sale
October 12, 2012 United Planners & CCO Douglas Hall Fined for Lack of Supervision with respect to Variable Annuities
October 10, 2012 FINRA Complaint Alleges Harry Ward Hunt Engaged in Excessive and Unsuitable Trading, Resulting in Commissions Paid to Broker
October 09, 2012 Complaint Issued Against John Cherry III Alleging Improper Use, Conversion of Customer Funds
October 05, 2012 James Scott McKee Barred for Misrepresentations, Omissions to Induce Customers to Buy Securities
October 04, 2012 Charles Duane Lewis Barred After Felony Convictions for Theft from Elder, Fraudulent Appropriation of Funds
September 24, 2012 Merrill Lynch Fined $500,000 for Failure to File Required Reports with FINRA
September 20, 2012 SEC Charges Broker with Stealing to Pay Personal Expenses, Investors, Many from Santa Monica, Lose $600,000 in Ponzi Scheme
September 19, 2012 Broker Fong I. Cheang Fined & Suspended for Failing to Disclose Felony Fraud Charges
September 13, 2012 Terminated Morgan Stanley Risk Officer Claims Retaliatiory Firing for Whistleblowing
September 11, 2012 FINRA Bars Thomas P. Casper for Borrowing Money from Customers and Against Firm Rules
September 11, 2012 FINRA Bars Jason Robert Cavalier for Failure to Disclose Material Facts, Lack of Cooperation with Investigation
September 11, 2012 FINRA Suspends Christopher Andrew Carra for Posting Allegedly Misleading Messages
September 11, 2012 FINRA Bars Matthew Leon Bradakis for Misuse of Customer Funds, Soliciting Payment From Client For Outside Business Activity
September 09, 2012 William J. Ferry, Dennis Clinton Found Guilty in $1 Billion Investment Fraud Scheme
September 08, 2012 FINRA Suspends David Waldemar Asplund Jr. for Borrowing $50K from Customers
August 29, 2012 Richard Peter Pascucci Convicted of Fraud, Barred and Ordered to Pay Restitution
August 24, 2012 FINRA Bars Broker Andrew Paul Arno for Misusing Customer IRA Funds
August 23, 2012 Investor Alert Issued: Non-Traded Real Estate Investment Trusts (REITs)
August 20, 2012 FINRA Suspends James A. Owen and Orders Restitution to his Customers
August 20, 2012 FINRA Fines & Suspends Craig Lamont Miller for Improper Recommendations Outside of Firm
August 16, 2012 FINRA Bars Edward Allen Mantanona and Orders Restitution
August 15, 2012 FINRA Fines & Suspends and Fines Rochelle Anne Leininger for Improperly Notarizing Documents
August 13, 2012 FINRA Fines & Suspends Broker Michael Laurence Digaetano for Failure to Supervise
August 13, 2012 Douglas Brent Cartwright Fined & Suspended for Soliciting Investments Outside the Scope of His Employing Firm
August 13, 2012 James W. Carney, Jr. Fined & Suspended for Undisclosed Outside Business Activities
August 11, 2012 Christipher Lynn Belonge Fined Over $50,000 & Suspended for Inadequate Supervision Resulting in Significant Investment Losses
August 07, 2012 FINRA Orders Supension of Edward Wedbush and Fines Wedbush Securities, Inc. $300,000
August 01, 2012 Erin Christine Ackerman Fined $20,000 and Suspended Until December 2013 for Poor Supervision, Resulting in Unsuitable Recommendations and Significant Customer Losses
August 01, 2012 Newport Coast Securities, Inc. Fined $100,000 for Poor Anti-Money Laundering Procedures, Branch Office Manager who Served on Board of Pink Sheet Stock Traded Within the Firm
July 26, 2012 Thomas Michael Buehler Fined & Suspended for Lack of Supervision
July 26, 2012 Manhattan Beach Trading Financial Services, Inc. Fined $125,000 for Poor Security Measures Contributing to Identity Theft, Fraudulent Conduct
July 25, 2012 Slava Volman Pleads Guilty, Sent to Prison for Securities Fraud and Conspiracy
July 24, 2012 Harold E. Wilson Barred and Ordered to Pay 10K Restitution for Failure to Contact Customers, Cooperate with FINRA Investigation
July 24, 2012 Alfred Chi Chen Barred for Unauthorized Trading, Unsuitable Recommendations
July 20, 2012 Glenn Andrew Schwarzkopf Accused of Converting Nearly $250,000 of Client's Money for Personal Use
July 17, 2012 FINRA'S Office of Hearing Officers Issues Decision Barring Broker Alan Jay Davidofsky
July 13, 2012 Edward Antonio "Ted" Salazar Ordered to Pay Nearly $1.2 Million and Suspended for Failure to Conduct Due Diligence, Bypassing Firm Oversight
July 13, 2012 Russell Philip Macke Suspended for Excessive Trading and Use of Margin
July 11, 2012 Thomas Brown Hammond Guilty of Theft, Ordered to Pay Over $500,000 in Restitution, Barred from Industry
July 11, 2012 Brett David Henderson Fined $95,000 and Suspended for Unsuitable VA Switch Transactions
July 10, 2012 Real Estate Broker Tony Thompson Suspends Interest Payments to Investors
July 10, 2012 FINRA Issues Investor Alert on Exchange Traded Notes
July 06, 2012 Gary Lee Cousino Barred for Refusing to Cooperate with FINRA Investigation
July 06, 2012 Catheryne June Downs Fined and Suspended for Failure to Provide Timely Notice of Outside EIA Sales
July 02, 2012 Joel William Carlson Barred for Fraudulent Investment Scheme
June 29, 2012 Investing on Margin Carries Additional Risks and May Result in Unintended Consequences
June 28, 2012 Tsarina Lau Branyan Fined & Suspended for Unlicensed Sales of Securities
June 27, 2012 Michael D. Montgomery Pleads Guilty to Wire Fraud, Client's Loss Over $1 Million
June 26, 2012 With New 401(k) Disclosure Requirement, Investors Should Review 401(k) Plan to Determine Fees Charged
June 24, 2012 All About BrokerCheck, FINRA's Free Background Check for Your Financial Advisor
June 24, 2012 UVEST Financial Fined, Forced to Pay Remediation After Overcharging Customer
June 24, 2012 Freedom Investors Corp. Fined & Brokers Suspended for Unsuitable Penny Stock Recommendations
June 21, 2012 Merrill Lynch Fined $2.8 Million for Overcharging Customers $32 Million in Fees
June 20, 2012 John Brady Guyette Suspended & Fined for Fraudulent Misrepresentations in Recommending Investment Options
June 20, 2012 Daniel Edward Becerril II Barred from Securities Industry After Orchestrating Fraudulent Scheme
June 20, 2012 Michael Douglas Venable Barred for Multiple Violations Related to Sales of ETFs
June 19, 2012 Ivan Serge Obolensky, Jr. Barred for Failure to Answer FINRA Inquiry Regarding Unsuitable Investments
June 15, 2012 Merrill Lynch Fined $450,000 for Poor Supervisory System Related to Structured Products
June 13, 2012 John Farahi of NewPoint Financial Pleads Guilty to $20+ Million Ponzi Scheme
June 11, 2012 Russell Kent Childs Suspended and Ordered to Pay Restitution for Improper Charges
June 11, 2012 Brookstone Securities Fined $1 Million, CEO Antony Turbeville Barred for Fraudulent Sales of CMOs to Elderly Clients
June 07, 2012 Oppenheimer to Pay $35 Million for Misleading Investors During Financial Crisis
June 06, 2012 Yong "Michael" Chen Fined, Suspended for Failure to Report Outside Business Activities
June 05, 2012 Stifel, Nicolaus & Company Fined, Ordered to Pay Restitution Totaling $600,000
May 25, 2012 Rafael Ramon Sanchez Barred for Fraudulent Misconduct
May 24, 2012 Timothy David Cochrane Permanently Barred for Fraudulent Investment Scheme
May 22, 2012 Charles Oscar Boneck, Jr. Barred by FINRA for Unauthorized Transactions
May 17, 2012 Discipline: Midas Securities & Registered Principal Jay S. Lee Disciplined for Unlawful, Irresponsible Conduct
May 16, 2012 Arbitration: Wells Fargo Ordered to Buy Back $2.2 Million in Auction Rate Securities
May 04, 2012 Arbitration: JPMorgan Chase & Co. Ordered to Pay Client $1.9 Million, Only a Fraction of $26.7 Million Claimed in Damages
April 27, 2012 Discipline: Some Morgan Stanley Structured Product Purchases Failed to Comply with Internal Guidelines
April 27, 2012 Discipline: Barclays Capital Fined $3 Million After Providing Inaccurate Information to Investors
April 27, 2012 Discipline: Stephen Wilson (Prudential, Wachovia) Barred for Unsuitable Recommendations and Unauthorized Trading
April 27, 2012 Promissory Notes and Fraud
April 27, 2012 Home Hazard: The Danger of Using a Mortgage to Finance Investments
April 27, 2012 High Yield Investment Programs (HYIP): A Risky Venture
April 27, 2012 Getting to Know Reverse Convertibles

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