Banned Broker Facing Charges For An Alleged Ponzi Scheme
A former broker banned from the securities industry now faces 22 criminal charges tied to an alleged Ponzi scheme that defrauded investors of $1.2M.
Recent
Proposed FINRA Rule Update For Advisors With Side Gigs
In today's era of side hustles, should RIAs and broker-dealers be required to supervise every outside activity their affiliated advisors pursue?
Wall Street is Starting to Trim Jobs as Economic Uncertainties Mount
Wall Street banks are starting to cut what could be thousands of workers as new economic uncertainties mount.
Former Financial Advisor Files Lawsuit Against Edward Jones
A former Edward Jones financial advisor has filed a lawsuit against the firm, alleging that its equity policies unfairly disadvantage white advisors.
RIA Sector M&A Growth Expected To Continue In 2025
In 2024, the RIA sector experienced unprecedented growth in mergers and acquisitions, setting new records despite broader market challenges.
FINRA Reversed An Eight-Year Decline In Enforcement Actions In 2024
The Financial Industry Regulatory Authority (FINRA) reversed an eight-year decline in enforcement actions in 2024, according to Eversheds Sutherland.
Ameriprise Denied Restraining Order Against Former Advisors
LPL Financial secures a legal victory in one recruiting dispute against Ameriprise while downplaying a setback in another case.
