SECURITIES AND EXCHANGE COMMISSION REVOKES ASH NARAYAN FROM SECURITIES INDUSTRY
Last week, the Securities and Exchange Commission revoked [...]
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FINRA ARBITRATION RULE CHANGE- PANEL SELECTION IN CUSTOMER CASES WITH THREE ARBITRATORS
The Securities and Exchange Commission (SEC) approved amendments to [...]
Read MoreHow Brokers Can Exploit the Broker Protocol to Facilitate Their Breakaway
Recently, a group of 13 brokers left Morgan Stanley with $2.2 billion of client assets [...]
Read MoreFINRA Looking To Speak With Terminated Wells Fargo Brokers
In the wake of Wells Fargo’s fraudulent account scandal [...]
Read MoreFormer Merrill Lynch International Advisors File Class Action
A group of former Merrill Lynch international financial advisors have filed [...]
Read MoreTHE U.S. SUPREME COURT CLARIFIES THE DEFINITION OF INSIDER TRADING- A BIG WIN FOR PROSECUTORS
For the first time since 1983 [...]
Read MoreEX LPL BROKER BARRED BY SECURITIES AND EXCHANGE COMMISSION
The SEC recently barred a broker who had been licensed [...]
Read MoreFINRA PROPOSES RULE TO CURB ELDER FINANCIAL ABUSE
FINRA recently proposed a rule that would allow brokers to report [...]
Read MoreWELLS FARGO WINS $1M FROM DISCHARGED BROKER
In yet another loss to a broker litigating an upfront note case by claiming [...]
Read MoreNEW CALIFORNIA LAW PROHIBITS OUT OF STATE DISPUTE RESOLUTION CLAUSES EFFECTIVE JAN. 1, 2017
Many in the financial services industry likely are wondering what’s in store for the U.S. Department of Labor’s Fiduciary Rule [...]
Read MoreWhat Does the Trump Election Mean for the DOL Fiduciary Rule?
Many in the financial services industry likely are wondering what’s in store for the U.S. Department of Labor’s Fiduciary Rule [...]
Read MoreWELLS FARGO ADVISORS’ AGGRESSIVE CROSS-SELLING TACTICS COULD LEAD TO MORE WOES FOR THE COMPANY AND ITS ADVISORS
As the fallout from Wells Fargo’s fake account scandal continues to mount, watchful eyes are now turning to Wells Fargo Advisors [...]
Read More“Whiz Kid” Settles Fraud Claims with SEC for $1.5 Million
In 2014, the Securities and Exchange Commission warned investors that investment newsletters can be used as a means to perpetrate fraud [...]
Read MoreSmaller Brokerage Firms Failing to Pay FINRA Arbitration Awards
In a concerning trend, Investment News recently reported that smaller brokerage firms are increasingly walking away [...]
Read MoreFINRA Orders UBS to Pay Three Investors $750K in Puerto Rico Bond Fraud Arbitration
Awards for damages tied to Puerto Rico’s debt crisis continue to climb this year. FINRA recently announced [...]
Read MoreWells Fargo Hit With $185 Million Fine For Widespread Consumer Banking Fraud
A joint investigation and prosecution by the Los Angeles City Attorney, the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of Currency (OCC) has revealed [...]
Read MoreInsider Trading Enforcement: “The Hits Just Keep on Comin’”
“Summertime, and the livin’ is easy.” Remember that lazy refrain from Porgy and Bess, written by Ira Gershwin, and made even more famous by Billy Stewart in 1966?[...]
Read MoreFINRA Charges Former Bay Mutual Broker With Recommending Unsuitable Gold And Energy Investments
The Financial Industry Regulatory Authority (FINRA) recently filed a complaint against Christopher Ariola [...]
Read MoreErwin Shustak, recently selected for “The Best Lawyers in America©”
Erwin J. Shustak, recently was selected by his peers for inclusion in the 23rd Edition of "The Best Lawyers in America©" [...]
Read MorePartner Jonah Toleno, named a finalist for San Diego Magazine’s 2016 Woman of the Year Awards
Partner Jonah Toleno has been named a finalist for San Diego Magazine's [...]
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