The latest regulatory, disciplinary and criminal actions.
Broker who left to care for his children is entitled to his deferred compensation because “arbitration is not only about law, it also about equity and fairness,” Finra arbitrator wrote.
The broker’s sales assistant also agreed to a fine and suspension as part of a Finra settlement.
Former Oppenheimer compliance head receives suspension, $10,000 fine and further review for failing to update his U4 filing and annual compliance attestations with tax lien information.
Panel denied claims of misrepresentations during recruiting, orders return of $621,000.
NFL star claims that firm was negligent in failing to stop a former broker who allegedly stole $15 million.
Finra also suspends a second broker who failed to notify Jones that he and his wife were beneficiaries of an elderly client’s account and estate.
New Jersey-based broker charged with causing HSBC to violate privacy law by taking profiles of 328 clients with him to new job.
Firm alleges a year after SA left its Toledo, Ohio, office that she is illegally sharing her former colleagues’ customer data with her new associates.
Chicago adviser faces 20 years in prison.
Finra imposes industry bar on Long Island broker who failed to disclose a big judgment against her and then kept quiet about a loan she took from a customer.
Finra suspends one former Merrill FA in Arizona who tried hawking clients’ names to another broker and a former associate in Georgia who took client-signature shortcuts.