The latest regulatory, disciplinary and criminal actions.
Edward Jones agreed to pay $40,000 for allegedly inaccurate U4 complaint reporting while Ciitigroup reaches $377,000 settlement on UIT sales abuses.
Finra arbitrators clear discharge notice from Virginia broker’s regulatory record after he and UBS settle firm’s claim for $811,000 balance on his promissory notes.
Request for TRO claims 30-year veteran who tracked clients on his Rolodex illegally solicited customers before and after his departure.
Arbitrators absolve longtime wirehouse branch manager Jeffrey Crystal and five others of charges that they failed to supervise advisor who admitted stealing $5 million from clients.
Finra suspends Tempe, Arizona, broker for three months and fines him $5,000 over 900 short-term rollover recommendations.
Twenty-three year wirehouse veteran in Dallas had posted a video on his new firm’s website over Memorial Day weekend promising former clients that he would be in touch with them.
Wall Street’s main overseer approved new conflict-of-interest rules for brokers, a sweeping regulatory overhaul that has drawn criticism from investor advocates for being too lax.
Says it will appeal judge’s decision in May upholding employee’s right to practice his profession, despite claim that he used confidential information to attract customers to new firm.
Judge challenges Morgan Stanley’s claim that an empty drawer proved that a California broker had illegally taken client information to his new firm.