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FINRA Fines Broker-Dealer $45,000 over GPB Private Placement Sales

The Financial Industry Regulatory Authority has fined IBN Financial Services $45,0000 over sales of GPB Capital private placement securities, according to a settlement letter...

FINRA Bars Ex-Cetera Broker for Stealing Funds to Buy Mutual Fund...

The Financial Industry Regulatory Authority has barred former Cetera Advisors broker, Marianne O'Shee Smith, who was accused of converting $45,100 from three senior customers...

Geneos to Pay $400,000 to Settle FINRA Charges Involving GPB and...

The Financial Industry Regulatory Authority has fined Geneos Wealth Management $150,000 for failing to reasonably supervise its representatives’ recommendations of an alternative mutual fund...

FINRA Fines Two Broker-Dealers $115,000 over GPB Private Placement Sales

The Financial Industry Regulatory Authority has fined two broker-dealers, Dempsey Lord Smith LLC and BD4RIA Inc., which sold GPB Capital private placement securities, according...

FINRA Fines Crown Capital Securities over Commission Payments

The Financial Industry Regulatory Authority has ordered Crown Capital Securities to pay a $75,000 fine to settle allegations that the broker-dealer paid transaction-based compensation...

FINRA Sanctions Ex-LPL Broker Accused of Raising $815,000 for Fraudulent Tequila...

The Financial Industry Regulatory Authority has suspended and fined Michael Mandel, a former LPL broker, for allegedly soliciting 18 investors, seven of whom were...

FINRA Report Highlights Compliance Deficiencies of Regulation Best Interest and Form...

The Financial Industry Regulatory Authority has published its 2022 Examination and Risk Monitoring Program report, outlining the initial findings of its review of the...

FINRA Bars Former Transamerica Broker

The Financial Industry Regulatory Authority has barred former Transamerica broker, Mark Smith, for refusing to appear for on-the-record testimony as requested by the regulator. Smith...

FINRA Fines Advisor Group’s Triad for “Risky” Alternative Mutual Fund Sales

The Financial Industry Regulatory Authority has censured and fined Triad Advisors, a broker-dealer within the Advisor Group network, for failing to reasonably supervise its...

FINRA Orders Multiple Firms to Pay $11.1 Million in Restitution for...

The Financial Industry Regulatory Authority has censured and ordered multiple broker-dealers to pay a total of $11.1 million in restitution to clients for their...