
Margarida Correia
Former associate editorMargarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
Margarida Correia is a former associate editor of the Employee Benefits Group and of Bank Investment Consultant.
FINRA scolded the firms for alleged operational systems, supervisory and recordkeeping deficiencies.
The rep was barred for engaging in money laundering and helping a childhood friend and business associate deceive creditors.
Rogers described any potential impact of the new rule as marginal and noted that it might also offer opportunity.
The weak performance was due to challenging market conditions, which reduced assets under management and client activity, the bank's CFO said.
The advisor was banished for refusing to cooperate with a FINRA investigation into wire activity in the advisor's bank account.
The decline was primarily due to the sale of the bank's propriety mutual fund business in the fourth quarter of 2015.
The broker was reprimanded for lying on a customer's behalf.
The rep refused to cooperate with a FINRA investigation into allegations that he stole money from retail bank customers.
The program allows retiring advisors and their junior brokers to work out their own financial arrangements during the first two years of the five-year program.
The rep opened and funded an account with an IRS tax-refund check that was later connected to a fraudulent filing.