Many firms drop practice of pursuing trainees for “training costs” if they drop out.
Regulator bars 30-year veteran in Washington State barred for failing to disclose that a client paid for her Egyptian vacation and named her daughter and grandson beneficiaries of his trust.
Firm defamed advisor who allegedly opened unfunded “new household” accounts to receive a bonus, arbitration panel rules.
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.
Merrill focuses on career changers while Edward Jones launches campaign to hire veteran brokers.
Most popular stories March 26 to April 1.
Seeks $1 million and from broker who took client contact information to a rival firm.
Accuses Oklahoma advisor of filling out a blank check for $22,000 from a customer with dementia, picking up another $22,000 in cash from him.