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FINRA is again questioning the due diligence firms are conducting on private placement offerings (BD Watch, Dec. 20, 2018). But what exactly does the SRO ...
The complaint alleges that Scherr knew or should have known that Burns intended to and did sell the overvalued assets to the clients of his ...
After two years, The Robare Group ($177M in AUM) finally argued its Form ADV disclosure enforcement case before appellate judges Jan. 23 (IA Watch, Nov. ...
When four reps left Summit Equities ($3B in AUM) in Parsippany, N.J., they took client personally identifiable information with them – and the adviser was ...
The SEC's complaint alleges that Ieremenko circumvented EDGAR controls that require user authentication and then navigated within the EDGAR system. Ieremenko obtained nonpublic "test files," ...
The warning system at Cetera Advisor Networks flashed red: a highly productive rep appeared to be engaged in questionable trading. Hundreds of electronic alerts ...
An old car product advertisement used to sell its product by stating “pay me now, or pay me later.” This adage could apply to ...
Timbervest and the Division recognize that, according to Lucia v. SEC, 138 S. Ct. 2044 (2018), Timbervest would be entitled to a “new hearing” before ...
Haena Park showed so much promise. She couldn’t speak English when she moved to the U.S. at age 13 and yet graduated as valedictorian at ...
Prosecutors say James Polese “lived a very affluent life on a generous salary and bonus structure for many years” yet he “chose to cheat and ...