State launches a sweep of 241 firms with above-average numbers of brokers with misconduct reports on their records.
Accused of forging parents' names on withdrawal request forms, intercepting checks and then spending money without their permission.
Two industry observers question the benefits of how the deal is structured.
Open to Fidelity's custody clients, advisers will have access to an online portal, one-on-one coaching and peer learning opportunities.
Nuts-and-bolts improvements for firm's 14,000 advisers stressed.
Company cites market volatility and financial uncertainty as factors for pay freeze.
It's part of an industry sweep that targeted firms with an above-average number of reps with current misconduct reports on their records.
Complaint naming Jackie Wadsworth, CEO of IMS Securities, centers around sale of VAs and real estate securities.
Mark Tauzin was suspended for eight months from any Finra-registered broker-dealer, fined $20,000 and required to pay $205,000 plus interest to 14 sets of clients.
Online brokerage said to attract interest from rival TD Ameritrade.
