Compliance

Posts In Compliance

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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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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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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