Tag: regulatory
SEC Obtains Final Judgement Against Former LPL Advisor Who Defrauded Clients...
The U.S. District Court for the District of Massachusetts entered a final judgment against Massachusetts-based investment adviser James K. Couture in connection with the...
SEC Charges Financial Advisor for Defrauding NBA Players
The Securities and Exchange Commission charged Darryl Matthew Cohen, a former investment adviser at Morgan Stanley, with misappropriating more than $1 million from three...
Financial Advisor with $130 Million in Assets Joins LPL Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Joaquin Lopez of Lopez Wealth Management has joined LPL’s broker-dealer, registered investment...
LPL Financial Adds Former Cetera Advisory Firm with $250 Million in...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Money Matters has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.
The team...
Opinion: A Fundamental Right Denied
As US citizens today, we sometimes may be guilty of taking our rights for granted, assuming that many of these rights are fundamental by...
SEC Charges Darius Karpavicius with $4 Million Fraud
The Securities and Exchange Commission charged Darius Karpavicius, of Lithuania, with orchestrating an offering fraud that raised more than $4 million from approximately 64...
Former Edward Jones Advisors Join LPL to Launch Zion Capital Wealth...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Lucas Mijares and Jesse Ettlin launched an independent practice, Zion Capital Wealth...
FINRA Survey: New Investors More Likely to Seek Financial Advice
According to a recent report from the Financial Industry Regulatory Authority, new investors are more likely to seek the advice of financial professionals.
In 2020,...
SEC Charges Self-Proclaimed California Entrepreneur with Fraud
The Securities and Exchange Commission charged John David Gessin and two of his businesses, Equifunds Inc. and Ice Fleet LLC, with defrauding investors and...
Former Edward Jones Advisor Joins LPL to Launch Independent Practice
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Nick Lalonde has launched an independent practice and joined LPL Financial’s broker-dealer,...
SEC Obtains Judgement Against Perpetrator of Multi-Million Dollar Securities Fraud
The United States District Court for the District of Massachusetts entered a final judgment against Joshua Dax Cabrera ordering him to pay approximately $1.1...
FINRA’s Number of Disciplinary Actions Declines for Third Year in a...
An annual report by global law firm Eversheds Sutherland has completed its study of the disciplinary actions reported by the Financial Industry Regulatory Authority...
Financial Advisor Joins LPL From Wells Fargo to Form Independent Practice
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Scott Glasson has joined LPL’s employee advisor channel, Linsco by LPL Financial,...
LPL Acquires Newly Launched $1.45 Billion RIA
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that three teams of financial advisors have joined forces for the launch of a new...
SEC Charges Former Girardi Adviser with Running Ponzi Scheme
The Securities and Exchange Commission charged Stephen Keith Woodard Sr. with running a Ponzi scheme in which he offered and sold securities to more...
Former Merrill Lynch Advisors Charged with Defrauding Investors of $5 Million
The Securities and Exchange Commission today charged New York-area twin brothers, Adam Kaplan and Daniel Kaplan, for engaging in several different fraudulent activities to...
Former AIG Advisor Jumps to LPL Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Timothy Lanier has joined LPL Financial’s broker-dealer, registered investment advisor and custodial...
Former Merrill Lynch Advisor Joins LPL
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Eric Gallinger has joined LPL Financial and is aligned with Stratos Wealth...
SEC Charges Advisor for Defrauding Nearly a Dozen Clients
The Securities and Exchange Commission has charged an investment adviser with defrauding investors and other advisory clients out of nearly half a million dollars.
The...
Stockbroker Uses Invesco as Cover for Fraud
The Securities and Exchange Commission today announced the filing of a civil injunctive action against Bradley Morgan Holts of Beaumont, Texas, for the misappropriation...
