The latest regulatory, disciplinary and criminal actions.
Boston advisor jeopardized firm’s books-and-records obligations by altering client contact info before leaving for new firm, Finra says.
Broker who is now with Wells Fargo claimed military leave action protection among counterclaim arguments in which he sought up to $9 million in damages.
Former Smith Barney broker in Pittsburgh who was barred from the industry last year is ordered to cough up $1.8 million.
Stephen Brown and James Goetz, now with Stifel near Rochester, NY, are hit with suspensions and combined fines of $150,000 for investments in brewery and other products without their firm’s authorization.
Indiana broker dismissed by one firm while under review and by a second for failing to disclose the probe claimed she was slandered on U5 forms.
Four Atlanta-area brokers induced federal employees to roll over retirement plan holdings into higher-fee variable annuities using false statements and incomplete disclosures, the SEC said.
Boston-area broker who paid $1.9 million in fines and disgorgement in April to Massachusetts accepts bar from working in U.S. securities industry.
Regulator was investigating allegations of unsuitable trading in unit investment trusts.
Utah-based broker Kim Isaacson agrees to ouster from securities industry (and his current job at Ameriprise) for hyping returns in a client’s account.
At least three advisers agreed to enforcement actions this week over violations allegedly committed while they worked at the independent broker-dealer.
Tom Brenner, ex-head of defunct First American Securities, refused to testify and won’t appeal bar because he “doesn’t care” about being in the industry, lawyer says.