Raymond James Settles Compliance Failure Case For $5.95M
Raymond James Financial Inc. has agreed to settle a compliance [...]
3 States Order Elder Financial Abuse Reporting
As of today, laws in Alabama, Indiana, and Vermont require [...]
SEC Bans MA Brokerage Firm Owner From Industry
The SEC has banned Massachusetts resident Lee Weiss from the [...]
Transamerica To Pay $3.8M For Excessive Fees
Transamerica has agreed to settle an excessive-fee lawsuit with its [...]
FINRA Bars Broker For Mishandling Client Funds
Last week, former Merrill Lynch broker Kenneth Daley submitted a [...]
Medical Capital COO Gets 10 Years For Ponzi Scheme
Joseph J. Lampariello, the former president and Chief Operating Officer [...]
SEC, FINRA Fine Merrill Lynch
Following on the heels of Merrill Lynch's agreement yesterday to [...]
Merrill Lynch Settles SEC Charges, Will Pay $415M
Merrill Lynch has agreed to pay $415 million and admit [...]
FINRA Suspends Former LPL Broker
FINRA has suspended former LPL Financial broker and supervisor Peter [...]
NFL And MLB Athletes Victim Of $30M Fraud
Three professional athletes--Denver Broncos' quarterback Mark Sanchez, San Francisco Giants' [...]
MassMutual Settles 401(k) Suit For $31M
Massachusetts Mutual Life Insurance Co. has agreed to a nearly [...]
Trader Accused Of $23M Investor Fraud
Haena Park, a New York foreign exchange trader, has been [...]
FDA Official And Hedge Fund Managers Charged In Securities Scheme
According to federal prosecutors, two hedge fund managers--Sanjay Valvani and [...]
Philadelphia Broker Pleads Guilty To Fraud
William Bucci, a former stockbroker from Philadelphia, Pennsylvania, pleaded guilty [...]