Failure to supervise

Investment advisers and broker-dealers should take extra steps to make sure they’re validating investors’ identities and the authenticity of disbursement instructions, have “a trusted contact ...

First Western will pay $200K penalty under settlement

First Western did not require training for its IARs and supervisors about Rule 144A securities and did not adopt any other process to sufficiently educate ...

compliance staff failed to create P&Ps to ensure that reps were being monitored when placing clients in inverse ETFs

Wells Fargo was previously sanctioned by FINRA for similar conduct occurring prior to July 2009

More than 2,000 transactions did not contain any provisions to satisfy the Pre-Release Obligations

The portolio manager managed the Fund differently from what was represented to investors and their advisers

An investment adviser/broker-dealer has agreed to pay state authorities $250,000 to settle claims that it failed to supervise a rogue broker/investment adviser, authorities have announced. ...

Jefferies was responsible for supervising its securities lending desk personnel .... failed reasonably to fulfill such supervisory responsibilities

Supervision failures connected to 529 share-class recommendations charged