The trader, Keith Wakefield, was charged with one count of securities fraud, which carries a maximum sentence of one year in prison.
Last year, the SEC charged the unregistered adviser at the heart of the matter with defrauding a town in Puerto Rico and misappropriating $7.1 million.
A discussion about what to wear on a casual Friday took an ugly turn, according to the former TD Ameritrade employee. CEO Walt Bettinger said harassment is unacceptable, and the firm will investigate the claims.
The broker, Barry Snyder, was 'hooked' on a hamburger chain stock, says the ex-wife's attorney,
A state judge in Tennessee, where Ramsey Solutions is based, granted a motion to compel Ramsey's deposition in the Timeshare Exit Team case.
The SEC has been cracking down on disclosures surrounding payments by funds to broker-dealers and RIAs. The agency launched an initiative in February 2018 to target advisory firms that recommended high-fee mutual funds.
The combined company, called Alvarium Tiedemann Holdings, is shooting to have more than $100 billion in client assets in five years.
Wells Fargo Advisors could fetch more than $20 billion in this high-demand market for wealth management firms.
The broker, Shaiful Chowdhury, was arrested for possession of 10 pounds of marijuana a month after he joined Merrill Lynch in New York City.
The salesman, Anthony DeJohn, improperly used BMO's funds by charging to his corporate card and obtaining reimbursement for $2,270 in daily commuting expenses, according to Finra.
