Morgan Stanley Pays $2.6 Billion Penalty
The U.S. Justice Department announced last week that Morgan Stanley will pay a $2.6 billion penalty to resolve claims related…
Read MoreMonth: February 2016
FINRA Permanently Bars Two Brokers Who Ran Fraudulent Hedge Fund
Clients who invested more than $12 million into a hedge fund that promoted itself as a safe investment based on…
Read MoreSEC will Only Target Corporate Directors in the Most Egregious Cases
The Securities and Exchange Commission (SEC) has announced that it will focus enforcement cases on corporate directors […]
Read MoreShustak Reynolds & Partners Investigating Claims Related to Forfeited Deferred Compensation
Shustak Reynolds & Partners is investigating potential claims arising out of the forfeiture or cancellation of broker and financial advisor…
Read MoreSEC to Focus on RIA Examinations
The Securities and Exchange Commission (“SEC”) is beefing up its efforts to more closely examine Registered Investment Advisory firms. The…
Read MoreFINRA Accuses Broker of Charging $11 Million in Commissions and Lying About It
In early February 2016, the Financial Industry Regulatory Authority (FINRA) filed an enforcement action accusing financial advisor Gopi Vungarala of…
Read MoreWe Congratulate Our Firm’s 2016 SuperLawyers
We are pleased to announce that partners Erwin Shustak and George Miller […]
Read MoreAIG Sells Advisor Group In Anticipation of DOL’s New Fiduciary Rule
Late last week, American International Group Inc. (AIG) CEO Peter Hancock announced the firm’s plans to spin off its independent…
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