Former Investment Advisor Permanently Banned From The Industry
Ruben Williams, a former financial advisor, has been permanently banned from the securities industry after claiming to manage $11 trillion in assets.
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Robinhood's Crypto Settles For $3.9 Million To Resolve Allegations
Robinhood’s crypto subsidiary has agreed to a $3.9 million settlement to resolve allegations of locking investor assets on its platform.
RIA Firms Settle Charges Related To Confidentiality Agreements
A New Jersey-based broker-dealer and two affiliated registered investment advisor (RIA) firms have agreed to pay a total of $240,000 in penalties.
Former Investment Advisor Pleads Guilty To Wire Fraud And Tax Evasion
A former investment advisor and broker, Thomas Demergian, 63, has been sentenced to 4.5 years in prison for defrauding clients of approximately $1.8M.
The Australian Government Has Granted Workers The Legal Right To Disconnect
The Australian government has granted millions of workers the legal right to disconnect from after-hours communications igniting debate.
Advisors Need To Prepare For Anti-Money Laundering Program
The Treasury Dept. through its Financial Crimes Enforcement Network, has issued a final rule mandating that most firms implement a formal AML program.
US SEC Threatens To Sue NFT Marketplace OpenSea, CEO Says
The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea.
