On March 12, 2009, Bernard Madoff pleaded guilty to perpetrating the largest Ponzi scheme in history, a fraud of almost $65 billion.
Another state is stepping into the fiduciary arena as Maryland recently introduced a bill that intends to create a level playing field ....
North Texas Financial Planner William Neil ‘Doc’ Gallagher Arrested In Securities Fraud, Money Laundering Scheme
Authorities arrested investment advisor William Neil “Doc” Gallagher on charges of engaging in a multimillion-dollar fraudulent investment scheme...
Regulators in recent years have been encouraging registered firms to self-report violations.
Other states are lining up behind Nevada to back its fiduciary rule for brokers and RIAs.