Fraudsters used Finra’s name, logo and the name of CEO Robert Cook to try to steal money from investors, self-regulatory agency warns in investor alert.
Craig Price wipes four auction-rate security complaints from his record while his wrongful termination claims against UBS proceeds.
Examinations covered 15% of registered investment advisers last year, but 35% have never been examined, according to SEC’s fiscal 2019 budget proposal.
Upstate New York advisor with 25 years of experience gets three-month suspension and $5,000 fine.
Florida judge denies Merrill attempt to avoid Finra arbitration over some $60 million of alleged stock and option losses.
Regulator asks court to vacate its own arbitration panel’s July decision to remove seven customer complaints from elite Florida broker Patrick Dwyer’s records.
Court extends restraining order preventing Florida broker Daniel Abel from calling clients and orders expedited Finra hearing.
Los Angeles-based firm was charged with failing to segregate customer funds, wrongly calculating reserve requirements (including failing to properly account for a parent company and an executive spouse’s accounts) and being short of capital.
Arbitration panel awards UBS full promissory note claims and legal fees from a broker who left after just over one year for Oppenheimer.
Broker is latest to give up on the product after being fined and suspended for promoting short-term trading of the products.