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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
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
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
December 30, 2021
Fraudulent Offerings, Unsuitable Recommendations Linked to Northstar Financial Service (Bermuda)
April 28, 2021
Sun Hyung Kim Barred for Unauthorized Trading, False & Misleading Statements
January 15, 2021
Transamerica Financial Advisors to Pay $8.8 Million Over Unsuitable Recommendations Charges
September 02, 2020
Raymond James Broker Mark Boucher Accused of $2.2 Million Fraud, Stealing From Dead Client
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
January 25, 2019
Unauthorized Trading, Suitability, and Customer Abuse Complaints Catch Up to Wedbush's William Mark Heiden of Southern California
September 07, 2018
Richard Hughes Suspended for Coaxing Elderly Client to Lie About Excessive Commissions for Unsuitable UIT and Mutual Fund Recommendations
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 18, 2019
Patrick Foley Barred After Investigation into Accepting Loans from Elderly Client
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
April 24, 2019
Voya Financial Cited for Mutual Fund Sales Charge & Supervisory Failures
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 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 14, 2019
Wedbush Pays $250k to Settle Supervision Failure Charge for SoCal Rep Timary Delorme's Pump-and-Dump 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 13, 2019
Thomas E Burns Sanctioned for Alt Investment Mistakes at Crown Capital
January 22, 2019
FINRA's Bar of NMS Capital's Mansourian, Saliba, Tabizon, Younger Becomes Final
January 17, 2019
Donald Logan Fined $25k for Unauthorized Discretionary Trades, Having Customers Sign Blank Documents
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 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 02, 2018
David Ferwerda Barred in Woodbridge Ponzi Scheme, 1 Global Capital Fraud Investigation
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 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
August 22, 2018
Merrill Lynch to Pay $8.9 Million to SEC for Failing to Disclose Conflict of Interest
August 14, 2018
StockCross Financial Services, LA Broker Peter Cunningham Accused of Fraudulent, Unethical UIT Trading Practices
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 09, 2018
IFG's Dennis Contrestano Cited for Unauthorized Transactions at Prior Firm RBC
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 14, 2018
LPL Financial's Bradley Gardner Barred for Conversion from Elderly Client
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
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 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
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 19, 2022
Broker Zachary Hansen Suspended After Selling Away From UBS Financial Services
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 14, 2022
McDermott Investment Advisors Loses to SEC in Court, Held Liable for Fraud Against UIT Clients
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
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 18, 2022
Former Wells Fargo & LPL Financial Broker Mario Rivero Arrested for Stealing $680,000 From Clients
February 21, 2022
Purshe Kaplan Sterling Charged Over Unsuitable Leveraged ETF Sales Causing $2.3 Million in Losses
February 10, 2022
Morgan Stanley Broker Darryl Cohen, Broker to Pro Athletes, Barred After Millions in Claims
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
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
July 31, 2021
SEC Finds Fiduciary Duty and Suitability Failures in Wrap-Fee Program Recommendations
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
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
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 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 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 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 25, 2021
Cetera Firms Fined $1 Million for Supervisory Failures in Third-Party Securities Transactions
January 13, 2021
LPL Financial's Arthur Obermeier Cited for Unauthorized Discretionary Trading
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 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 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 05, 2020
Kathleen Bott Barred After Investigation Into Theft Charges
September 19, 2020
Voya Broker James Flynn Racks Up Suitability Complaints, Reportedly Flees to Caribbean
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 14, 2020
Merrill Lynch, Charles Kenahan Under NH Investigation for $100+ Million Churning & Unauthorized Trading
June 30, 2020
Barry Hartwyk Disciplined for Unauthorized Use of Discretion
June 02, 2020
Stifel Nicolaus to Pay $3.65 Million for Unsuitable Unit Investment Trust (UIT) Rollovers & Poor Supervision
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 08, 2020
Clare Cail Suspended for Altering Signed Account Documents, Submitting Falsified Form
April 01, 2020
Corona Virus Plagues Risky Structured Products, Reverse Convertibles
March 30, 2020
Corona Virus Claims UBS ETRACS ETN Structured Products as Risky Debt Notes Free-Fall
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 04, 2020
AXA Advisors' Billy Zhang Cited After Settling Misuse-of-Funds Complaint Away From Firm
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
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 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
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
October 31, 2019
Ami Forte & Charles Lawrence Barred for Churning Dementia-Laden Elderly Client's Account
October 17, 2019
Financial West Group (LA) Broker Daniel Maughan Barred for ETF Churning & Excessive Trading
October 15, 2019
Newbridge Fined $225,000 for Complex Securities, ETF Supervision Failures
September 17, 2019
JP Morgan Fined $1.1 Million for Failing to Timely Disclose Broker Misconduct, Harming FINRA & The Public
August 26, 2019
Ex-Cetera Broker Merhoff Racking Up Complaints After FINRA Bar
August 10, 2019
Cetera's Mengxuan 'Sharon' Zhang Sanctioned for Falsifying Customer Signature Pages
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 10, 2019
Raymond James Compliance Officer Barred for Falsifying Data
May 08, 2019
Jonathan W. Evans & Associates Announces Filing of FINRA Arbitration Claim Against Western International Securities & Dennis Albert Mehringer, Jr.
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 04, 2018
FINRA Bars Harold Couglar for 20-Years of Unauthorized Outside Account Trading Activity
May 18, 2018
Banks and Brokers Recommending Risky Reverse Convertibles to Combat Volatility Despite Prior Discipline
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 02, 2018
James and Lorraine Conaway Sanctioned for Real Estate Outside Business Activity Violations, Disclose Failures
April 27, 2018
Wells Fargo Filing Admits Investigation into 401(k)-to-IRA Rollover Recommendations
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 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
March 28, 2018
SEC Charges Wedbush Securities with Failing to Supervise Timary Delorme in Penny Stock Market Manipulation Scheme
March 22, 2018
Phillip Tibbetts Fined & Suspended for Accepting Unauthorized Loan from Customer
March 14, 2018
Omer Ozeren Sanctioned for Unauthorized Use of Discretion and Faulty ETF Recommendations
March 06, 2018
DOJ Orders Review of Wells Fargo Advisors' Sales Practices and Recommendations
February 16, 2018
Regulator Charges Scottrade with Fiduciary Duty Rule Violation in Retirement Sales Contest Controversy
February 06, 2018
Car Dealership Alt Investments in Turmoil as GPB Capital Holdings Alleges Business Partner Fraudulently Converted Funds
January 19, 2018
Richard Foster Sanctioned for Unsuitable IRA Liquidation Recommendation, Risky ETF Trading Strategy
January 10, 2018
Ameriprise's Larry Boggs Barred for Churning Elderly Client Accounts, Improperly Changing Customer Objectives
January 04, 2018
Goldman Sachs Structured Products, Reverse Convertibles, Suitability, and the Fiduciary Rule
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 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
October 19, 2017
Beware Buffer Annuities - Misrepresentations and Omissions Highlight Complaints of New Risky Product
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 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 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 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 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 15, 2017
FSC Securities Corporation Fined for Non-Traditional ETF Failures, Unsuitable Recommendations
July 31, 2017
Fictitious Letters to Elderly VA Customer Earns Jason Belajack a Permanent Bar in Latest Discipline of Ex-ACG Broker
July 27, 2017
PA Fines Austin Dutton $200,000 & Newbridge $499,000 for Dishonest, Unethical Practices in Unsuitable REIT Sale
July 21, 2017
AXA Advisors' Chad Hornaday Barred for Selling Away and Borrowing Money from Client
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 03, 2017
Richard Botkin Fined & Suspended for $245k of Unauthorized Movie-Related Investments
June 09, 2017
FINRA Sanctions James Cox for Unsuitable VA Recommendations, Outside Business Activity, Misrepresentation, Mutual Funds
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 08, 2017
Walter Marino Charged with Collecting $60k Commissions as Clients Lost Money Over Unsuitable Variable Annuity Replacements
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
March 02, 2017
Craig Dima Barred for $15 Million of Unauthorized & Unsuitable Trades in Elderly Client's Retirement Account
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 09, 2017
Dion Padilla Sanctioned for Unauthorized, Misrepresented, and Concealed Variable Annuity Purchase
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
January 24, 2017
Citizens Securities Fined $300,000 for Failing to Disclose Customer Complaints
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
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 06, 2016
Cetera Financial Group's Investors Capital Corp to Pay $1.1 Million Over Unit Investment Trust, Steepener Note Sales
September 29, 2016
UBS to Pay $15 Million over Unsuitable Reverse Convertible Note Sales to Conservative and Retired Investors
September 06, 2016
Ameriprise Financial Failed to Supervise Michael Halla's Unsuitable Closed End Fund Short-Term Trading, Fined $100,000
August 11, 2016
Non-Traded REITs Failing in Face of Industry, Regulatory Challenges, High Commissions
May 04, 2016
David Miller Barred, Ordered to Pay $800k in Restitution for Unsuitable UIT Recommendations
December 19, 2015
J.P. Morgan Ordered to Pay Over $300 Million for Conflict of Interest Disclosure Failures
June 24, 2015
SEC to Fight Financial Elder Abuse and Fraud by Upping Broker and Advisor Oversight in Retirement Accounts
March 05, 2015
Dalas Lee Gundersen Fined, Suspended & Ordered to Disgorge Excess Commissions Earned Through Unsuitable Sales, and Over-Concentration of Mutual Funds
November 16, 2014
NASAA Names Top 9 Investor Threats for 2015
January 30, 2014
SEC Issues Risk Alert Criticizing Advisors' Handling of Alternative Investments
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 07, 2014
FINRA Tells Firms to Put Clients First with Conflicts of Interest Report