Investment Attorney News

FINRA Sanctions Brokerage Firm Santander Securities $6.4 Million Over Puerto Rico Bond Fund Supervisory Failures FINRA Expels Brokerage Firm Halcyon Partners and Its Principals for Widespread Securities Fraud Massachusetts Brings Complaint Against Fidelity Over Trading in Client Accounts by Unregistered Advisors FINRA Fines Five Brokerage Firms a Total of $18 Million For Overcharging Clients in Mutual Fund Transactions FINRA Fines 12 Brokerage Firms $6.7 Million For Overcharging Clients in Unit Investment Trusts (UITs) FINRA Sanctions NFP Advisor Services Over Widespread Supervisory Failures FINRA Sanctions First Southwest Company Over Supervisory and Prospectus Delivery Failures Transamerica Financial Advisors Sanctioned Over Overcharging Commissions On Non-Traded REITs and Business Development Companies FINRA Fines Wells Fargo $500,000 Over Structured Repackaged Asset-Backed Trust Securities (STRATS) Aegis Capital Sanctioned Over Failing to Supervise Penny Stock Transactions SEC Fines Edward Jones $20 Million for Overcharging Retail Customers in Municipal Bond Underwritings FINRA Sanctions Signator Investors For Supervisory Failures in the Wake of Massive Investment Fraud William Blair Sanctioned by FINRA Over Conflict of Interest Disclosures in Research Reports JMP Securities Sanctioned by FINRA Over Conflict of Interest Disclosures in Research Reports SEC Accuses Three Nomura Securities Brokers of Fraudulent Price Manipulation of Residential Mortgage Backed Securities FINRA Sanctions Lincoln Financial Over Unsuitable Variable Annuity Investments SEC Fines Citigroup $180 Million Over ASTA/MAT Fund Losses FINRA Sanctions 10 Troublemaker Global Area Brokers FINRA Sanctions Investacorp Over Non-Traded REIT Practices FINRA Sanctions Cetera Investment Services Over Non-Traded REIT Practices Sterne Agee Financial Sanctioned Over Mismarked Non-Traditional ETF Trades SEC and FINRA Fine UBS Over Puerto Rico and Brokers $34 Million for Bond Fund Sales Practices UBS Fined $19.5 Million By SEC Over V10 Currency Index with Volatility Cap False Statements