Client invested $20,000 in a real estate investment controlled by the broker, who later used the money for his own personal use.
Addition of Deerfield, Ill., RIA expands Chicago footprint of St. Louis-based $12.6 billion RIA.
Former head of Cetera Advisors succeeds Ace Forsythe, who's retiring.
Massachusetts securities regulator says Thomas Riquier defrauded investors while son-in-law supervised.
Mimi Bock recruited from LPL to head Cetera Advisors and First Allied.
Tibor Klein also will pay $20,000 fine for trading on 2010 Pfizer acquisition.
Accused of charging clients excessive fees and commissions, Thomas J. Buck has already been barred by Finra and has pleaded guilty to a criminal charge.
The firms, with a total of 65 brokers, were formerly affiliated with National Planning Holding.
Finra says firm did not have adequate risk-disclosure procedures in place
State-registered RIAs would have to provide fee table for greater transparency
