David Braeger is at least the second former advisor from Wisconsin this year to face prison time.
Americans estimate the value of their digital assets in the hundreds of the thousands of dollars. Advisors don't all bring it up, but digital estate planning is timely, especially with bitcoin exploding and a major social media site approaching a ban.
Advocacy group argues the measure, set for approval by the Senate, disproportionately favors certain public workers while risking the stability of the program.
FiNet is the independent broker-dealer arm of Wells Fargo Advisors.
The investment giant caused two SPACs it controlled to make inaccurate statements to investors about merger discussions, according to the federal regulator.
“The arbitration panel felt that [the advisor] was disrespecting the process,” the clients' attorney said.
The three individuals impersonated legitimate financial professionals and used voice-altering technology to deceive at least 28 retail investors, according to a court filing by the regulator.
“It’s probably the most important issue relating to investor justice,” the SEC's ombudsman said at the Investor Advisory Committee meeting Tuesday.
The president-elect's nominee, whose regulatory stance contrasts sharply with outgoing SEC Chair Gary Gensler, drew cheers from voices in the crypto and investment industries.
Ramsey Solutions’ unsolicited text messages allegedly caused the plaintiff “actual harm."
The former commissioner and veteran regulator has emerged as a leading candidate to chair the agency under Trump, sources say.
Federal complaint filed in Texas court by a consortium of 11 states argues the fund giants used their market power to pressure energy companies and ultimately hurt consumers.
Amid its aggressive global push, lax procedures at the firm led to one-fourth of international accounts being flagged as high-risk for money laundering, according to a 2023 document.
Ages Financial Services had about 60 financial advisors registered under its roof.
For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 million, according to the Department of Justice.
The top lawyer who helped the retail trading giant navigate the meme-stock frenzy's fallout has removed himself from President-elect Trump's list of prospective nominees.
“After learning about a bad actor who is barred, the securities industry should have a responsibility to put clients on notice,” one lawyer said.
Much as observers predicted strong returns for domestic small-cap value and the energy sector ahead of Trump's first term, the same enthusiastic assumptions this time around may be too simplistic, panelists at the Charles Schwab Impact conference said.
The ruling marks the latest setback for the Securities and Exchange Commission's efforts to tighten its regulation of the alternative investment space.
Federal securities agency confirms official timing of his resignation, recounts record of reforms and enforcement actions.
