Regulatory & Compliance (359)
FINRA: Better Brokers Wrongdoing Reporting Needed
- Friday, 31 January 2014
- Regulatory & Compliance
- Written by PFA News
The Financial Industry Regulatory Authority is lobbying to eliminate a provision that allows brokers to have wrongdoings removed from their records as a condition of settling consumer complaints. So reports Reuters.
Read more...Broker Fined for Stock Scam
- Saturday, 25 January 2014
- Regulatory & Compliance
- Written by PFA News
The Arizona Corporation Commission has ordered Paradise Valley investment executive James Liebes to repay investors $685,000 and pay a $75,000 fine. So reports the Phoenix Business Journal.
Read more...Judge Overturns $10.8M FINRA Action Against Citi
- Sunday, 19 January 2014
- Regulatory & Compliance
- Written by PFA News
Judge Charles Ramos has overturned a Financial Industry Regulatory Authority arbitration decision that would have required Citigroup to compensate prior client John Leopoldo Fiorilla $10.8 million for losses incurred related to investments in a British financial company. So reports Inside Counsel.
Read more...Advisor Who 'Committed Suicide' After Losing Millions Found Alive
- Saturday, 11 January 2014
- Regulatory & Compliance
- Written by PFA News
Former money manager Aubrey Lee Price, who disappeared in mid-June of 2012 after leaving a suicide note acknowledging that he lost millions of dollars in client assets, has been found alive and arrested. So reports the Christian Science Monitor.
Read more...SEC Enforcement Honcho Stepping Down
- Saturday, 11 January 2014
- Regulatory & Compliance
- Written by PFA News
Securities and Exchange Commission Enforcement Co-Chief George Canellos is stepping down from his post after having played a considerable role in clamping down on those involved with misconduct related to the financial crisis of 2008. So reports Bloomberg.
Read more...FINRA Outlines Priorities for 2014
- Saturday, 11 January 2014
- Regulatory & Compliance
- Written by PFA News
In a recent letter to its members, the Financial Industry Regulatory Authority said its priorities for 2014 include issues related to suitability for complex products, qualified plan rollover option disclosures, security of customer data, recidivist brokers and other matters. So reports the National Law Review.
Read more...Ex-Morgan Stanley Employee Must Repay $31.1M
- Friday, 03 January 2014
- Regulatory & Compliance
- Written by PFA News
A U.S. District Judge in Manhattan has ruled that Joseph “Chip” Skowron, who has been convicted of insider trader, must return $31.1 million in compensation to Morgan Stanley, his former employer. So reports Reuters.
Read more...How to Keep Regulators at Bay When Using LinkedIn
- Sunday, 01 December 2013
- Regulatory & Compliance
- Written by PFA News
Rather than risk the ire of regulations by posting testimonials and endorsements on his LinkedIn page, Leonard Wright of San Diego has found other ways to market his services through the social media site. So reports WealthManagement.
Read more...RBC Capital Markets Fined by Montana Regulators
- Saturday, 09 November 2013
- Regulatory & Compliance
- Written by PFA News
RBC Capital Markets has been fined more than $42,000 by Montana state regulators for failing to register certain administrative staffers who were handling sales functions. So reports the Independent Record.
Read more...Advisor Pleads Guilty to Transferring Client Funds to Own Account
- Saturday, 09 November 2013
- Regulatory & Compliance
- Written by PFA News
Michelle Lee Karn, who is a financial advisor based in Roseville, California, has pled guilty to committing fraud. So reports the Sacramento Business Journal.
Read more...Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Dec 16 2013
-
Written by PLP Staff
The challenge of working with clients during a soaring bull…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-