Commissions

Posts In Commissions

UBS Ordered to Pay $8 Million for Unsuitable Complex ETP Sales of VXX Jul 21
After receiving an $8 million penalty from the SEC, UBS Financial Services became the latest firm to ...
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Farmers Financial Solutions Fined for Failing to Supervise Variable Universal Life, Mutual Funds Business Jun 24
FINRA fined Farmers Financial Solutions of Westlake Village, California $100,000 for failing to ...
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A Truly International Operation: Northstar Financial Services (Bermuda)'s Liquidation Will Result in Significant Losses May 06
On March 26, 2021, the Supreme Court of Bermuda issued an order against Northstar Financial Services ...
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FINRA Issues $1.3 Million Punishment After ONESCO's Unsuitable "Infinite Banking" Strategy of Variable Annuities Investments Nets Firm Over $732,000 in Commissions While Customers Incur $371,000 in Charges and Additional Damages May 04
FINRA fined Ohio National Life Insurance's ON Equity Sales Company (ONESCO) $275,000 and ordered $1 ...
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Sun Hyung Kim Barred for Unauthorized Trading, False & Misleading Statements Apr 28
FINRA barred Sun Hyung Kim, formerly a broker at Kayan Securities in Los Angeles, California, for ...
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Independent Financial Group Disciplined Over Concentrated Illiquid REIT Sales, Supervisory Failures Apr 12
FINRA censured and fined Independent Financial Group (IFG) $200,000 for failing to supervise a ...
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