James Iannazzo, who lost his job at Merrill after a tirade at a smoothie shop, will have the charges against him dismissed after a year under supervision.
Legislation would require companies to explain to employees the benefits of taking their pension benefits as a one-time lump-sum payout versus collecting a regular income stream in retirement.
Finra said last summer that it was launching an examination sweep probing the opening of options accounts.
Finra says the firm failed to report certain trades in TRACE-eligible securities.
Hwang and CFO Patrick Halligan were arrested early Wednesday and charged with fraud.
A dispute between James Barksdale and EIC, which provides separate account strategies, could have wider implications for how advisers tout their track records.
The state imposes an annual $400 levy, the so-called privilege tax, on members of certain professions who do business in the state.
The environmental services company is being sued for overcharging 401(k) plan participants; meanwhile, similar cases concerning VCA and Trader Joe's heat up.
The following answers address the most frequently asked questions regarding the new IAR CE requirements for 2022.
The regulatory notice is another example of Finra's increased scrutiny of complex products.
Tony Barouti, a broker registered with Emerson Equity, faces two investor complaints alleging $1.37 million in damages, according to his BrokerCheck profile.
Shawn Parker of Schaumburg, Illinois, falsified $25,000 in expenses, regulator says.
A bill in Tennessee would eliminate a privilege tax levied on investment advisers. A proposal to tax financial advice was stopped in Kentucky.
The Labor Department gave the Swiss bank's affiliates a one-year extension of a key designation that allows them to manage U.S. pension funds, but says it will look at whether to revoke that due to the bank's misconduct.
The SEC's probe of GWG spilled over to include the sales practices of some of the 145 broker-dealers that sold the bonds, according to bankruptcy filings.
With the Biden administration having let them down, the marijuana industry is now betting on a Republican takeover of Congress.
The rep, Philip Riposo of New Bedford, Massachusetts, admitted to creating and providing clients with phony statements.
Shawn E. Good, from Wilmington, North Carolina, had clients send funds to his personal bank account to supposedly make low-risk investments in real-estate development projects,
Three in Las Vegas charged in scheme involving purported personal injury settlements.
South Florida resident German Nino, who faces up to 60 years in jail, is scheduled for sentencing in June.
