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Finra institutes disciplinary proceedings against broker over alleged improper variable annuity sales
Regulator claims Frederick David Holloway replaced lower-cost variable annuities with higher-cost ones without ensuring they were suitable or in their clients' best interests.
Morgan Stanley fights to keep fired-broker lawsuit private
Wirehouse wants author's wrongful termination claim to be handled in arbitration.
JPMorgan $8 billion loss to widow faces massive reduction
Plaintiffs concede jury awarded too much money in estate fight.
Retirement-savings bill draws broad support, optimism for passage this year
Industry groups and investor advocates alike seek enactment of the measure that increases workplace plans, eases annuity inclusion.
Barred financial planner, pastor busted for selling bogus bonds to elderly
Gregory Smith and Kirbyjon Caldwell face criminal and civil charges
What does the new CFP standard mean for a CFP at a wirehouse?
The revised fiduciary standard will make it simpler to answer the increasingly common client question, 'Are you a fiduciary?'
Arbitrators award client of former adviser $875,000
Clyde Mick Jones accused of breach of fiduciary duty, violating state law.
CFP Board expands fiduciary duty for financial advisers
New rule, effective in 2019, requires best-interest standard in all aspects of financial advice.
Finra bars former Morgan Stanley broker who sought client loan for outside activities
Broker-dealer regulator previously suspended David Warren Olson for promissory note default.
Finra arbitrators award $475,000 to Morgan Stanley for broker who violated protocol
Kevin Michael Clouse left the wirehouse in February 2017, months before the firm pulled out of the protocol agreement.
Aegis Capital fined $1.3 million for failing to red flag overseas penny stock trades
Firm admitted it failed to file 'suspicious activity reports' on numerous suspicious transactions, the SEC says.
Finra bars no-show former broker fired over fund sales
Lawrence Fawcett Jr. had consented to making unsuitable recommendations.
Finra bars former Morgan Stanley adviser over hearing no-show
Regulator was investigating Matthew Singer's options recommendations.
Finra bars former rep who provided ‘inaccurate auto-loan information’
Cody Rock resigned from State Farm in September.
DOL fiduciary rule death meets ‘Back to the Future’ is a must-watch
5th Circuit decision may lead to three tiers of client protection.
Finra panel awards firm $780,424 against broker to repay legal costs
The question now becomes whether Alliance Affiliated Equities Corp. will be able to collect the arbitration award, a problem investors often face.
SEC blasts Wedbush for ongoing failure to supervise
Agency says firm failed to take action against pump-and-dump fraud.
Key lawmaker sees disclosure as most important part of investment-advice standard
Rep. Bill Huizenga, chair of House financial subcommittee, casts doubt on 'systemic problem.'
Gannett 401(k) participant sues over stock holdings in former parent company
Complaint alleges the decline in the stock cost plan participants an estimated $135 million.
Finra bars no-show broker discharged for unauthorized trading
LPL terminated registration of Sanders Spangler for violating company policy.
