Quest Capital was held responsible for non-client losses.
Regulator gives firms until April 1 to report themselves, avoid fines; restitution still required
The lottery winner, James Groves, was awarded $3.3 million, and Asante Samuel, who retired in 2013 after an 11-year career with the New England Patriots, Philadelphia Eagles and Atlanta Falcons, will receive $879,000.
The settlement with 50 states and the District of Columbia announced Friday resolves state investigations into Wells Fargo's practices from 2002 to 2017.
Key news for the wealth management industry included the Edelman-Financial Engines merger, the Focus Financial IPO and the seller's market in RIAs
This is the eighth action against a bank or broker, and fourth action against a depositary bank, resulting from the SEC's ongoing investigation into abusive ADR pre-release practices.
Finra's findings were largely surrounding legacy Morgan Stanley Smith Barney systems, staffing and processes relating to the surveillance of wire transfers, and the deposit and sale of low priced securities.
The White House and Democrats remain at an impasse over President Donald Trump's demand for billions of dollars in border wall funding
Latest rule tells arbitrators that expungement should be a 'rare remedy.'
Charges are the first enforcement actions brought by the SEC against digital advisers.
Finra suit charges Forte with churning the account of an elderly, mentally incompetent client
Bipartisan group of Senate Banking Committee members asks the SEC and FDIC to review the firm's offering.
Advocates for the measures vow to fight again next year, tout bipartisan support in Congress
Over eight years, the wirehouse made at least 1,462 prohibited sales in 325 IPOs, including shares of Facebook, LinkedIn and Twitter.
Uncertainty looms, but there may be some good news ahead for taxpayers.
The death of the DOL fiduciary rule condemned the mutual fund share class to extinction.
Agency intends to emphasize protection of Main Street investors.
Ancora Advisors made political contributions and then provided adviser services to public agencies.
Massachusetts says insurance firm must pay retirees and beneficiaries who were 'presumed dead'
Disclosure and informed consent can limit services, allow third-party pay.
