New Charges Of Investor Fraud For A Texas-Based Advisor
A Texas-based investment advisor, previously detained for non-cooperation in a federal probe, now faces multiple new charges related to alleged fraud.
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Federal Judge Rules Hightower Cannot Enforce Noncompete Agreement
A federal judge has ruled that Hightower cannot enforce a noncompete agreement against former advisor Darren Reinig.
Finra's Latest Report Highlights Compliance Gaps And Emerging Risks
Broker-dealers and wealth management firms relying on third-party vendors for critical operations should reassess their oversight policies.
Edward Jones Leading The Charge Of Certified Financial Planners
Large wealth management firms are increasingly prioritizing the Certified Financial Planner (CFP) credential to bolster their advisor ranks.
Former RIA Facing Charges Of Orchestrating A $20 Million Fraud Scheme
Scott Mason, a former RIA based in Blue Bell, Pennsylvania, is facing civil and criminal charges for allegedly orchestrating a $20M fraud scheme.
LPL Financial Settles Allegations Of Inadequate Anti-Money-Laundering Procedures
LPL Financial has agreed to pay $18 million to settle allegations of failing to close or restrict accounts due to inadequate AML procedures.
SEC Fines Firms For Use Of Unauthorized Communication Methods
The SEC has fined 12 registered investment advisors and broker-dealers for failing to properly record and preserve employee messages.