November

Posts in November, 2020

FINRA Cracks Down on Unit Investment Trust (UIT) Short-Term Trading Abuse at Stifel, Nicolaus & Company Nov 27
FINRA continued its campaign against unsuitable short-term sales of unit investment trusts (UITs) by ...
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FINRA Finds Variable Annuities, Life Insurance Liquidation Strategy Unsuitable, Cites ON Equity Sales Broker Nov 25
Citing the case of an O.N. Equity Sales Company broker who unsuitably recommended that at least 78 ...
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American Portfolios Financial Services Fined for Unsuitable VXX Recommendations That Caused Customer Losses Nov 20
The Securities and Exchange Commission ordered American Portfolios Financial Services and American ...
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SEC Issues Securities America Advisors Cease-and-Desist Order Over XIV, VIXY ETF Trades Resulting in Losses in Over 150 Client Accounts Nov 17
After an SEC investigation found that unsuitable sales of volatility-linked exchange-traded products ...
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SEC Fines Royal Alliance Associates Over Volatility Linked ETP Failures, Including iPath S&P 500 VIX ETN 'VXX' Nov 13
Citing widespread losses by advisory clients who held the iPath S&P 500 VIX Short-Term Futures ETN ...
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Vonna Kay Husby Barred During Investigation into Undisclosed Bank Account Co-Owned With Elderly Customer Nov 10
FINRA barred former Raymond James Financial Services and Ameriprise Financial Services broker Vonna ...
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