Finra tells Peak Securities to pay $400K to settle a claim over a private placement sale for Medical Capital. The kicker: hundreds more complaints loom as irate investors look to recoup losses from questionable Reg D offerings
Were three awards totaling $25.1M in past two months a coincidence? Some attorneys don't think so
Ameriprise Financial Inc. next year will begin imposing annual fees of up to $80 on the brokerage accounts of many of its wealthy customers — a move likely to irk the firm's advisers and registered representatives.
Finra panel ruled that the B-D was 'negligent in not preventing' the outside business activities of a former broker
Broker-dealers are browbeating clients to settle arbitration cases by inundating them with requests for discovery information, according to a top state securities regulator.
Despite the protests of life insurance agents and broker-dealers, the Securities and Exchange Commission should decide in favor of a uniform fiduciary standard for all investment professionals, according to the new head of the North American Securities Administrators Association Inc.
From giants such as Citigroup Inc. to small broker-dealers such as Pacific West Securities Inc., brokerage firms have kept their representatives in the dark about problematic details in investments.
Broker-dealers are browbeating clients to settle arbitration cases by inundating them with requests for discovery information, according to a top state securities regulator
