FINRA Returns $50 Million to Member Broker-Dealers
A group of investor-protection attorneys is sharply criticizing FINRA for its decision to return $50 million to member broker-dealers.
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Wall Street is Coming to the Fed's Defense
Some of the biggest names on Wall Street are getting louder about importance of an independent Fed as the White House pressure on Powell intensifies.
Morgan Stanley, Goldman to Settle Lawsuit Over Archegos Trades
ViacomCBS investors who sued Morgan Stanley, Goldman Sachs Group and Wells Fargo asked judge for final approval of a $120M settlement with the banks.
Former Advisor Sentenced After Defrauding Clients of $23M
Former principal of Rubicon Wealth Advisors in Gladwyne, Pa., sentenced to over 8 years in fed prison for orchestrating multi-million-dollar fraud.
Former Merrill Lynch Advisor Settled SEC Charges That He Defrauded Clients
A former Merrill Lynch advisor has settled SEC charges that he defrauded clients out of nearly $3 million through a non-existent private-equity fund.
Big Banks Are Closer To Getting One Of Biggest Regulatory Rollbacks Since 2008
US regulators on Wednesday proposed one of the most dramatic rollbacks of bank capital rules since the 2008 financial crisis.
Wisconsin Advisor Accused in $16 Million Fraud, Allegedly Purchased 300 Snowmobiles
Stanley Pophal, a 63-year-old financial advisor from Wausau, Wisconsin, is facing allegations of orchestrating a $16 million Ponzi scheme.
