Capital Investment Group allegedly failed to supervise an agent who solicited money from clients for his own business ventures.
In all, around 370 advisers sold the Future Income Payments, according to plaintiff's attorneys
Caleb R. Overton raised the money to invest in an S&P 500 ETF but instead allegedly played options and lost all but $34,000 in a little over a year.
Working with a divorcing couple poses challenges, but specialized training programs can help advisers better serve this large market segment.
Top regulator says such incentives prevent brokers from acting in clients' best interests.
Long Island-based group was being paid to promote the stock.
Indexed annuity sales also broke their previous quarterly sales record.
Senator cites 'soft corruption' of revolving door that causes SEC members to kowtow to industry.
Unregistered agents pose "massive" problem in South Florida: attorney.
Regulator says firm did not have adequate procedures in place to comply with regulations
Buttonwood Partners of Madison, Wis., fined $50,000 over unauthorized transfers.
Brokerage failed to tell investors about its own business interest in U.S. subsidiary of foreign bank
Lending to state and local governments has surged since the financial crisis.
Brian Hamburger: The SEC is not proposing harmony; it's proposing equalization
Your best strategy is to always act in the best interests of your clients, and this is the exact reason why.
President suggests in a tweet that semiannual reporting would be better for business.
Cease-and-desist order alleges Roger Denha allocated profitable trades to his personal account at the expense of clients.
Leading seller of risky private placements will focus on accounting at two large funds.
Laws are unclear on how the technology fits in with compliance.
Barred from 20% tax break, wealthy professionals have found a new way to avoid hefty tax bills.
