Securities Fraud Blog

Recent News

Transamerica Financial Advisors to Pay $8.8 Million Over Unsuitable Recommendations Charges Jan 15
Transamerica Financial Advisors and FINRA reached agreement for Transamerica to pay $8.8 million in ...
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LPL Financial's Arthur Obermeier Cited for Unauthorized Discretionary Trading Jan 13
FINRA fined and suspended LPL Financial broker Arthur Obermeier, formerly of LPL's Boulder, Colorado ...
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LPL Financial Fined $6.5 Million for Supervisory Deficiencies in Wake of $1+ Million Ponzi Scheme Jan 07
FINRA fined LPL Financial $6.5 million for failures in its supervisory system related to record ...
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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 Jan 01
FINRA issued a $1.5 million penalty to Worden Capital Management, including $1.2 million in ...
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FINRA Charges Nicholas Baecker with Forging Customer Signatures on Forms Dec 17
Former Thrivent Investment Management broker Nicholas Gregory Baecker accepted and consented to ...
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California's Infinity Financial Services Fined $35k Over Inadequate Background Checks of Brokers, Failing to Obtain Industry Approvals Dec 11
FINRA fined Infinity Financial Services of Oakland, California $35,000 for failing to conduct ...
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